Introduction If you sold — or are planning to sell — a rental property or second home in the UK this tax year, Capital Gains Tax (CGT) is probably your biggest concern. With rates adjusted following the Autumn Budget and HMRC’s 60-day reporting window now firmly embedded in law, getting the details wrong can be […]
READ MOREIntroductionFor decades, pensions were one of the most powerful tools in UK estate planning — largely because unused pension funds sat outside your estate for Inheritance Tax (IHT) purposes. That is about to change.The October 2024 Budget announced that from April 2027, unused pension funds and death benefits will be brought within the scope of […]
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Introduction A few years ago, AI in accounting meant a chatbot that could answer basic questions. Today, AI systems are reconciling bank transactions in seconds, predicting cash flow gaps weeks in advance, automatically categorising thousands of receipts, and flagging VAT anomalies before they reach the tax authority. For business owners in the UK and Nigeria […]
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Montreal, Canada, March 26th, 2026, FinanceWire Gerard McMann, a Montreal-headquartered financial services provider, today announced the expansion of its integrated trading and investment platform, offering enhanced AI-driven tools designed to help both new and experienced investors navigate today’s volatile markets. With headquarters at 150 Sainte-Catherine Street West in Montreal, Gerard McMann has built a reputation […]
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Some contractors who have been caught up in tax avoidance schemes have asked us to share their stories as a warning to others. They were promised higher take-home pay, lower tax bills and less paperwork. Instead, it cost them time, money and stress. These stories are based on real people’s experiences, but personal details have […]
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Digital transformation is changing the way businesses manage their finances. For many UK small and medium-sized enterprises (SMEs), cloud bookkeeping has become a popular alternative to traditional accounting methods. Instead of relying on spreadsheets or desktop software, cloud bookkeeping allows businesses to manage financial records securely online with real-time access from anywhere. At TT Accountancy […]
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You will not be able to sign up for Making Tax Digital for Income Tax until 9am on Monday 9 March, due to planned maintenance. You’re required to use Making Tax Digital for Income Tax from 6 April 2026 if your total annual income from self-employment and property is over £50,000. Before you submit your […]
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New limits on cash ISA allowances will push higher volume savers into putting more cash into investment ISAs. The results might benefit the Chancellor. The debate over the changes to the cash ISA allowance were long-trailed and thoroughly unsurprising when they were announced in November last year. From April, savers will see the amount of […]
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Moving across borders is often romanticized as a journey of discovery, but for most expats, the reality involves a significant amount of paperwork and a lingering fear of HM Revenue & Customs (HMRC). As we move into 2026, the UK tax landscape has undergone its most significant transformation in decades. The abolition of the old […]
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In recent years, many businesses have turned to online-only accounting platforms and automated bookkeeping tools. While these services can be convenient, they often lack the personalized support and strategic insight that businesses need to grow. For companies in London, working with a local accounting firm offers significant advantages — from tailored tax advice to face-to-face […]
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