Making Tax Digital for Income Tax will require self-employed individuals and landlords with property rental income to keep digital records and send simple quarterly updates to HMRC using compatible software.

Here is our breakdown of the recent Autumn Budget 2024

Here is our overview of the recent Spring Budget 2024 with changes coming into effect from 1st April 2024.

Commencing a new business venture is an exhilarating endeavour. Nevertheless, there are numerous practical decisions to be made prior to launching your new business. Setting up your business correctly from the outset is imperative, as it can help circumvent many potential pitfalls down the road. Therefore, having a clear and realistic vision of your business’s trajectory is a prudent move.

In recent months, we have seen a big shake up with R&D tax credits in the UK. A number of Landi Accounting clients heavily rely on the cash benefit provided by R&D, enabling further product development and continued operational success within their industry. Within this blog post, we outline some key considerations that will impact your R&D tax credit claim.

As a seed-stage business, angel investors may see you as a high-risk investment – but with the tax relief benefits offered through SEIS they could be ready to take the plunge. If you’re looking to raise under SEIS you will need to apply for SEIS Advance Assurance from HMRC. In this article we explain how your company can qualify for SEIS, enabling you to attract investors with the incentive of SEIS tax relief.

On the 3rd March we received the budget update from the government. We have summarised the following points.

Events are moving very fast and information is constantly being updated in relation to the UK Government’s funding response to Covid 19. Our aim is to summarise the information we are currently aware of and make this available to our clients and contacts.

Explore our insights into what’s next for Making Tax Digital, IR35 and second property ownership.

Read on to get a better understanding of the ever changing tax rules relating to cryptoassets.