Knowledge Hub

All of the latest tax and finance information

Extra steps needed to calculate Capital Gains Tax

Anyone making disposals of assets on or after October 30, 2024, will need to take some extra steps to calculate any Capital Gains Tax (CGT) due. The extra steps, which will affect individuals, trustees and personal representatives, have resulted from the...

Inheritance tax receipts up £800m in a year – how to beat the bill

Inheritance Tax (IHT) receipts from April 2024 to March 2025 have risen by £800m compared to same period the previous year. This is largely a feature of the nil rate band – the amount you can have in your estate before you must pay IHT – and the residence nil rate...

Six Ps Framework for Business Growth: Strategy, Performance & Profitability

The Six Ps for Strategic, Profitable Business Growth A Financially-Savvy Framework Backed by Real Metrics If you aim to grow a resilient and profitable business, The Six Ps Framework offers a structured, financially grounded approach to drive sustainable growth. This...

Companies are being warned to comply with new rules

Companies registered at Companies House are being warned to keep on top of their responsibilities, such as filing their confirmation statements on time, otherwise they could face new penalties. Companies House will still support businesses to help them comply with...

Trump’s tariffs hit the markets – what should you do?

The first 100 days of the Trump administration has certainly created consternation across the world, as Donald Trump’s implementation of tariffs – which have been on again and off again and are currently suspended for most countries at the time of writing – have...

New rules from April for pension scheme returns – are you ready?

From April 6, anyone managing a pension scheme will need to submit their pension scheme return (PSR) on the Managing Pension Schemes service, with the Pension Schemes Online service no longer being used for this. This will apply to the returns for 2024/2025 and you...