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Setting up the correct tax code when a new employee starts is essential, as even small payroll errors can lead to unnecessary tax overpayments and avoidable complications later on.
When hiring a new employee, employers need to ensure the correct tax
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Business Asset Disposal Relief (BADR) can significantly reduce the Capital Gains Tax due when selling a business or shares, but with higher rates coming from April 2026, timing and eligibility matter more than ever.
BADR applies to the sale of a
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If you are self-employed, it is important to understand which car and travel costs can be claimed.
You can claim allowable business expenses for car, van, or travel costs, which reduce your taxable profit. Typical allowable costs include:
Vehicle
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The salaried member legislation applies to certain members of a Limited Liability Partnership (LLP) whose terms of membership are more like an employee than a partner. To be a salaried member, the individual must perform services for the LLP in their
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