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Business owners and advisors often ask whether an appraisal is important Actually necessary, or whether a reasonable estimate would be sufficient. Below, we answer the most common questions we hear. Do I legally need an appraisal for tax purposes? In many situations, Yes. HMRC expects transactions involving shares or businesses to occur in market valueespecially […]

What do you get when you raise Capital Gains Tax and see incomes fall? No, this is not a puzzle, this is a recent change in the UK tax landscape. HMRC recently published tax receipts figures showing that Capital Gains Tax (CGT) receipts in 2025 fell by 8.4%, falling from around £14.9 billion in 2024 […]

Every January it happens: the clock strikes midnight, and suddenly people realize that they have missed the Self-Assessment submission deadline! According to recent reports, around one million taxpayers failed to apply by the January 31 deadline. Missing this deadline will trigger a late application penalty of £100, with additional fees charged if any issues are […]

The Advance Guarantee is available to companies making their first Research and Development (R&D) tax relief claim. This provides written confirmation from HMRC that the planned research and development activities are eligible, giving businesses confidence that their claims will not be subject to investigation during the first three accounting periods, provided the claims are consistent […]

My client is a UK resident. His father, who was an Italian citizen and lived there, had died and left him an inheritance. He has no ties to England and all his assets are in Italy.He asked me if he needed to pay an inheritance in England? If your client’s father has always lived in […]

Many business owners and advisors assume that an appraisal is only necessary when selling a company. HMRC expects strong valuations in more situations, especially when there is a large amount of tax at stake. Professional share valuation for tax purposes helps ensure transactions are reported correctly to HMRC. If a professional assessment has been carried […]

Scenario Mr A, a UK higher rate resident taxpayer, has been actively trading cryptocurrencies for approximately four years (22/2021 to 25/2024) using various online platforms, including Binance, Coinbase and Kraken. Activities include frequent spot trading, occasional use of stablecoins, and participation in token swaps. During that period, his total crypto releases amounted to around £450,000. […]

Business restructuring can create opportunities for growth, asset protection, and succession, but each step has potential tax consequences. Whether you are planning a shareholder exit, incorporating a holding company, or separating assets, it is important to understand UK tax rules before making any changes. This article discusses some of the most common restructuring methods and […]

As an accountant or bookkeeper, you’re often the first person business owners turn to when their numbers aren’t adding up—or when they’re dreaming of growth. You see the story behind the statement. But are you also helping them write their next chapter? One important piece that is often missing from consulting conversations is funding—Whether it’s […]