Glazers is a well-established and progressive firm of accountants based in North West London.
In December 2022, the plans for Making Tax Digital for Income Tax Self-Assessment changed again, as the Government announced that instead, MTD ITSA would be introduced in mandatory phases from 6 April 2026, as opposed to 2024.
Knowing your charity’s obligations to HM Revenue & Customs (HMRC) is important, as you will have different requirements to standard businesses.
In December 2022, the plans for Making Tax Digital for Income Tax Self-Assessment changed again, as the Government announced that instead, MTD ITSA would be introduced in mandatory phases from 6 April 2026, as opposed to 2024.
Running a successful business in the UK is a challenging yet rewarding endeavour.
Tax disputes can be a significant drain on resources for any business, and with recent data suggesting that over 60 per cent of businesses are currently embroiled in a tax dispute with HM Revenue & Customs (HMRC) that has lasted more than a year, this is clearly a widespread issue.
The Government has recently updated some elements of the Research and Development (R&D) tax relief application process.
Currently, if someone dies before the age of 75, their pension can be drawn out by beneficiaries’ tax-free, as it is exempt from Inheritance Tax and Income Tax if it is under the Lifetime Allowance (LTA).
With the summer holidays nearly here, small businesses, especially in the hospitality industry, face a distinct set of challenges.
The financial landscape in the UK, as well as globally, is in a constant state of change.
Mergers and acquisitions (M&A) are often completed to gain market share, increase revenue, or expand business amongst many other things.