by Msaziz@gmail.com | Nov 8, 2024 | Guides
by Muhammad Shahid Aziz If you’re thinking of selling your business or business assets, Business Asset Disposal Relief (BADR) can help you save on taxes. BADR offers business owners a lower Capital Gains Tax (CGT) rate. Let’s break down how it works, who...
by Msaziz@gmail.com | Nov 7, 2024 | Budget
The UK government’s 2024 Budget, announced this autumn, lays out the tax rates for the next two years. Taxes can be tricky, so we’ll break it down in a simple way to understand how these rates affect the money you take home if you’re employed or self-employed. In this...
by Msaziz@gmail.com | Nov 6, 2024 | Budget
Budget 2024 and its effect on National Insurance for Employees, Employer and Self Employed with example The recent UK budget brings important changes to National Insurance Contributions (NICs) for both employers and self-employed individuals starting April 2025. These...
by Msaziz@gmail.com | Jun 4, 2024 | Vat & Tax
Introduction The tax system in the United Kingdom is controlled by the national taxation authority known as HM Revenue and Customs (HMRC). HMRC assigns tax codes keeping in mind the financial position of an individual. Tax codes play an important role in ascertaining...
by Msaziz@gmail.com | Jun 4, 2024 | News
Introduction You must have seen and heard about different tax codes for different people in the United Kingdom. Tax codes also keep changing for individuals as time passes along with economic/financial situations. Are you confused by lots of different tax codes and...
