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Recent financial news
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Small duty cuts on draught products from 1 February 2025
Monday, February 3, 2025
From 1 February 2025, alcohol duty on draught pints has been cut for the first time in a decade,... -
When is a hobby a business
Monday, February 3, 2025
Not sure if your hobby is actually a taxable trade? HMRC uses ‘badges of trade’ to assess whether an... -
31 January deadline met by more than 11.5 million people
Monday, February 3, 2025
Over 11.5 million people met the 31 January 2025 self-assessment deadline, but 1.1 million taxpayers... -
How umbrella companies work
Monday, February 3, 2025
Umbrella companies offer an easy way for freelancers and contractors to get paid without running a... -
Tax on inherited private pension pots
Monday, February 3, 2025
Private pensions can be a great way to pass on wealth, but tax implications depend on the age of the... -
Tax chores if managing a deceased person’s estate
Monday, February 3, 2025
When someone dies, their personal representative (executor or administrator) must value their estate...