THE LATEST NEWS AND EVENTS

UK house prices rise as interest rates fall; manufacturing and R&D to receive £360m boost; stealth tax and savings shake up salary bands; and PM proposes scrapping National Insurance.

As we step into the 2024/25 tax year, it’s now more important than ever to take a proactive approach to managing your personal finances.  Whether you’re navigating the complexities of income tax, considering investment opportunities or planning for your future, understanding the nuances of the UK tax system can help you make informed decisions.  This guide is crafted with you in mind, offering  clarity and actionable advice to help you optimise your tax position and secure your financial wellbeing.

Managing cashflow effectively is critical for the survival and growth of your small business.

Vote-winning announcements are always expected from a Chancellor’s Budget in an election year. Despite the stagnant economy and limited fiscal headroom, Jeremy Hunt still announced a few tax cuts and other surprises.

HMRC clamps down on undeclared dividend earnings; "Help to Grow" campaign and Small Business Council to aid SMEs; "Limited tax cut options in Budget" says Chancellor; and house prices begin to fall at a slower rate.

In today’s economic landscape, where financial acumen plays a pivotal role in the sustainability and growth of any business, the importance of effectively managing business expenses cannot be overstated. Recognising this critical need, we have developed this valuable resource for business owners. This guide aims to simplify business expenses within the UK, shedding light on the strategies  essential for optimising financial health and ensuring tax efficiency.

Improving your financial health involves strategic planning, informed decision-making, and constant adjustments. There are many factors to consider – so how do you know where to begin?

National Insurance cut boost UK households; Economic confidence index declines; HMRC enforces tighter rules on "side hustle tax"; and UKEF introduces enhanced financing for small businesses.

The purpose of this guide is to simplify the VAT process for business owners and provide clear, easy-to-understand instructions for managing VAT responsibilities effectively.

Many individuals invest in real estate to boost their income and gain greater financial security. But while the journey can be rewarding, it also requires committing a significant amount of your own time and money. So, how do you know if property investment is right for you?

HMRC launches cryptoasset tax disclosure service; Overseas firms pledge to invest billions in the UK; Advisory fuel rates December 2023; and HMRC removes PAYE self-assessment threshold.

The new year marks the start of new beginnings, so there’s no better time to revisit your personal financial strategy. Drawing up an economic plan with clear, achievable goals can improve your long-term financial health and help protect you and your family against external factors. Whether you’re putting a personal financial plan together for the first time or you want to revisit your strategy, here are a few personal financial planning tips to help you secure your financial future in 2024.