Inheritance tax (IHT) is a significant consideration for many individuals and families in the UK, particularly as the value of estates continues to rise. Whether you are planning or dealing with the aftermath of a loved one’s passing, unders...
December 04, 2024
The Autumn Budget 2024, delivered by Rachel Reeves, the UK’s first female Chancellor of the Exchequer, outlines Labour’s strategy for a “national renewal.” With promises to rebuild the economy, enhance public services,...
November 13, 2024
If you're generating income from property, filing a Self-Assessment tax return is essential. Accurate record-keeping of your income and expenses is crucial, but there are additional factors to be kept in mind. Understanding allow...
October 30, 2024
Navigating the world of self-assessment tax returns can feel like venturing into a maze—especially for first-time filers. With tax return deadlines approaching and forms to fill out, it’s easy to feel overwhelmed. But fear not! This guide will...
October 18, 2024
The probate process in the UK is a comprehensive legal procedure that deals with the careful distribution and management of a deceased person's entire estate. It involves the crucial steps of identifying and thoroughly gathering all of the decease...
September 27, 2024
Probate, the legal process of administering a deceased person's estate, can be a complex and challenging endeavour. While the goal is to ensure a smooth transfer of assets to the rightful beneficiaries, several potential pitfalls can arise during ...
July 31, 2024
The first important step towards starting or expanding a business in the UK is to open a business bank account. To open a business account with most UK banks, applicants generally need to be UK residents or operate a business based in the UK. This...
July 10, 2024
Maintaining accurate financial records is a fundamental aspect of financial management that plays a crucial role in ensuring the financial stability of businesses. A bookkeeper plays a crucial role in cultivating business growth and financial stab...
May 30, 2024
Are you thinking of starting a business in the UK but unsure whether to register as a sole trader or form a limited company? Making the right choice at the outset can have significant implications for your business's legal structure, taxation...
May 21, 2024
Inheritance tax, though often overlooked, can significantly impact the wealth passed down to your loved ones. Fortunately, there are strategic methods to mitigate its burden, and one powerful tool in this regard is trust. Setting up trusts to avoi...
April 25, 2024