A Complete Guide to Keeping Digital Records for MTD for Income Tax (2026 Update)
Introduction From 6 April 2026, Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA) will change how many sole…
Practical guidance from Makesworth’s chartered accountants to help you make informed financial decisions.
Introduction From 6 April 2026, Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA) will change how many sole…
Introduction Trading conditions aren’t always predictable, and sometimes sole traders end up making a loss instead of a profit. The…
Introduction Employees often pay for certain work-related costs while carrying out their job duties. These costs may later be claimed…
As the 2025/26 tax year ends on 5 April 2026, it’s a good time to review any assets you may…
Introduction: Why More Directors Are Considering Disincorporation A few years ago, running a business through a limited company was often…
Selling online through platforms like eBay, Vinted, Etsy, Depop, Amazon Marketplace, or Facebook Marketplace has become extremely common in the…
For many employees, having a company car feels like a clear sign of seniority and recognition. Although the car itself…
40% First-Year Allowance and WDA Reduction from 2026: What Businesses Need to Know From 2026, major changes to UK capital…
Understanding the £100,000 Tax Trap in the UK Earning £100,000 or more is often seen as a sign of career…
Introduction: What the Budget Means for Savers The Chancellor’s latest Budget has delivered disappointing news for UK savers. From 6…
In the Autumn Budget delivered on 26 November 2025, the Chancellor confirmed an increase in dividend tax rates, effective from…
More people are choosing an unconventional lifestyle by living full-time on cruise ships. Some sell or rent out their homes…
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