Furnished Holiday Lettings tax rules set to change in 2025
16 April 2024 | Mrge_Acontants
The tax regime for Furnished Holiday Lettings (FHLs) is set to be abolished from April 6, 2025, with some key tax breaks being removed by the Chancellor in the Spring Budget on March 6...
Budget changes and what they mean for you
09 April 2024 | Mrge_Acontants
The Chancellor, Jeremy Hunt, delivered his Budget statement to Parliament on March 6, and there were various changes that should benefit individual taxpayers and businesses. One of the biggest announcements, which takes effect...
UK Export Finance doubles limit to £10m for traders
27 March 2024 | Mrge_Acontants
Small businesses looking to access funding to expand their exporting opportunities can now fast-track their applications with UK Export Finance, the Government’s export credit agency, and apply for twice the previous amount. The limit...
Exporters must make declarations on a new system from March 30
21 March 2024 | Mrge_Acontants
Any trader making export declarations needs to move to a new HMRC system from March 30 this year. The CHIEF system is being fully replaced by the Customs Declaration System, and anyone who has...
Make sure your will is up-to-date and you have planned for IHT
19 March 2024 | Mrge_Acontants
Many of us will die without a will because it is something that we fail to get around to, often because we don’t want to think about our own demise. Around half of UK...
End of tax year planning starts now – use up any allowances
14 March 2024 | Mrge_Acontants
Now is the time to start thinking about your end-of-year tax planning while there is still time to maximise the benefit of any allowances you haven’t used yet this tax year. The end of...
Child Benefit claims can now be made online
28 February 2024 | Mrge_Acontants
For the first time in the 47 years since Child Benefit was launched, new parents can claim their Child Benefit online in a significantly faster way than the previous process allowed, according to HMRC....
The cost of divorce – what to do if you decide to split up
21 February 2024 | Mrge_Acontants
More people file for divorce in January than any other month of the year, probably because the stress of being together for an extended period over Christmas and New Year brings any cracks in...
Mortgage lenders start a price war – what this means for you
14 February 2024 | Mrge_Acontants
Interest rates went up significantly in the last year, to the current Bank of England base rate of 5.25%, but in a change that is welcome for those looking to buy a house or...
Rumours circulate over HMRC crackdown on eBay and Etsy sales
07 February 2024 | Mrge_Acontants
Rumours have been circulating online that HMRC is set to crack down on tax avoidance on sales of goods on the likes of eBay and Etsy, but the basic rules haven’t changed, and anyone...
Recent Comments