Accounting Blog

End-of-year tax planning is about using UK allowances and reliefs before 5 April, not aggressive schemes. This guide explains how individuals and owner-managed businesses can manage thresholds, pensions, dividends, capital gains and compliance deadlines to reduce tax, avoid penalties, and align personal and corporate decisions with clarity and confidence.

UK group companies face corporation tax complexity in 2024/25. This practical guide explains rate mechanics, marginal relief, full expensing, R&D reform, interest restrictions, loss utilisation, transfer pricing, Pillar Two readiness, and compliance expectations, helping finance leaders assess risk, improve tax forecasting, and align governance, data, and planning across group structures.

An in-depth guide to how the 2024/25 UK tax year affects Self Assessment for people with multiple income sources. Learn how PAYE, pensions, savings, dividends, property, and side income interact, why allowances and bands shift, and how to avoid unexpected tax bills through better planning.

Learn how UK Corporation Tax payments on account work in 2024/25, including who must pay by instalments, key thresholds, group impacts, and due dates. This guide explains forecasting taxable profits, adjusting instalments, and managing cash flow to avoid interest, surprises, and compliance risks.

UK Self Assessment for 2024/25 faces higher compliance expectations as HMRC uses more data, cross-checking and digital records. This article explains why standards are rising, which income sources face greater scrutiny, and practical steps taxpayers can take to reduce errors, manage risk, and file accurately with confidence in the UK.

Understand how UK Corporation Tax loss relief affects 2024/25 filings, including carried-forward loss restrictions, the 50% rule, group deductions allowance, carry-back decisions, and common compliance traps. This guide explains why higher rates, profit volatility, and group structures can change cash tax outcomes even when rules appear unchanged in practice today.

Streamlining Corporation Tax is about building a reliable, repeatable process that reduces rework and last-minute pressure. By keeping records tax-ready, capturing adjustments throughout the year, and clarifying governance, UK businesses can cut delays, improve accuracy, and submit Corporation Tax returns with confidence.

UK taxpayers can apply hard-earned lessons from previous years to manage Self Assessment and Corporation Tax more effectively in 2024/25. From avoiding late penalties and improving record-keeping to adapting to changing allowances and HMRC compliance trends, proactive planning and early preparation can reduce risk, improve accuracy, and ease the stress of tax compliance.

High earners face extra complexity in UK Self Assessment for 2024/25. Reduced dividend and CGT allowances, basis period reform, and revised Child Benefit thresholds mean more income is taxable and more people must file. This guide explains what’s changed, what hasn’t, and how high earners should plan effectively and confidently.