Premier Accounts Blog
Stay up-to-date with Premier Accounts and industry news
Stay up-to-date with Premier Accounts and industry news
by | Jan 2, 2025 | Income Tax
The cash basis is now the default for self-employed income reporting. Learn about the key updates, opt-out options, and how this simplified method can ease your self-assessment obligations with
by | Jan 2, 2025 | Capital Gains Tax
Capital Gains Tax rates have increased for disposals from 30 October 2024, with further changes ahead. Stay informed on the updated rates for assets, property, and reliefs to optimise your tax
by | Jan 2, 2025 | Employee Benefits
Ensure compliance with HMRC rules when providing company cars. From P46(Car) submissions to benefit reporting, learn what steps to take for private use and specific exemptions.
Here are the steps you
by | Jan 2, 2025 | Employee Benefits
Advisory fuel rates for company cars help employers and employees manage fuel costs without triggering tax liabilities. Learn how to use these rates to avoid tax, especially car fuel benefit
by | Jan 2, 2025 | Inheritance Tax
Inheritance Tax nil-rate bands remain frozen until April 2030. Learn how this affects estates, the residence nil-rate band, and planning opportunities to maximise tax-free inheritance for loved
by | Jan 2, 2025 | Income Tax
From April 2026, Making Tax Digital for Income Tax (MTD for ITSA) will transform tax compliance for businesses, self-employed individuals, and landlords, mandating digital record-keeping and online
by | Jan 2, 2025 | General
The UK government has recently addressed the Parliamentary and Health Service Ombudsman’s (PHSO) report concerning the communication of changes to women’s State Pension age. The PHSO identified
by | Jan 2, 2025 | Business
The economic outlook for the UK in 2025 presents a mixed picture, with expectations of modest growth tempered by persistent inflationary pressures.
Growth Projections
The Organisation for Economic
by | Dec 19, 2024 | Income Tax
Can’t pay your tax bill in full by 31 January 2025? HMRC’s online Time to Pay system lets self-assessment taxpayers spread the cost over monthly instalments. With plans available for tax bills up to
by | Dec 19, 2024 | General
Navigating tax obligations can be daunting for small business owners and sole traders. To make life easier, HMRC has introduced new interactive tools, including a Sole Trader Setup Guide and VAT