Making Tax Digital for Income Tax Self-Assessment becomes law on 6 April 2023 and aims to make tax accounting easier for businesses and individuals such as sole traders by legislating the digitalisation of tax data and submission.
Businesses and Individuals should always plan ahead to minimise their tax bill – with the end of the 2020/21 tax year fast approaching, this year more than ever (with the Covid19 pandemic impacting on not only our mental health but our financial health too), begs the question, have you thought about what strategies you can implement into your financial plan to ensure it is as tax-efficient as possible?
What are your goals for 2018? How are you going to achieve them? Pomroy Associates Limited give their top tips for goal setting and how to achieve them.
For the vast majority of us, the biggest decision to be made when buying a property (apart from choosing the right one!), is what type of mortgage to get and who to get it from.
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