by T | Mar 1, 2026 | Blog, News, Uncategorized
Many UK households are now facing unexpected tax bills and assessments from HM Revenue & Customs (HMRC), driven largely by a long-running freeze on income tax thresholds. Under current rules, the personal allowance — the amount you can earn before paying income...
by T | Apr 21, 2025 | Blog, News, Uncategorized
If you’re a business owner or self-employed individual, staying on top of tax deadlines is about to become even more crucial. From 6 April 2025, HMRC increased its late payment interest rates by 1.5 percentage points across all taxes, following a change in...
by T | Aug 18, 2024 | Blog, News
Gift Aid is a UK government scheme that allows charities to claim back tax on donations made by individuals who are taxpayers. When you donate to a charity, if you are a UK taxpayer, the charity can increase your donation by 25 percent at no extra cost to you. This...
by T | Jan 14, 2024 | Blog, News, Uncategorized
HMRC Rental Income Investigations Recently, we have been hearing from our new and existing clients about letters they received from HMRC to investigate if they have been getting property income without declaring. HMRC currently employs a system to investigate rental...
by T | Oct 31, 2023 | Blog
As an accounting firm we do so much work with taxes, so it only makes sense to start our brand new blog with history of taxation. The first known system of taxation was in Ancient Egypt around 3000–2800 BC in the First Dynasty of Egypt of the Old Kingdom of Egypt. The...
