When it comes to pensions, it is of paramount importance to Re-DOC on time!

A tribunal recently ruled on the failure of a private limited company, El Recruitment Ltd...

The Likely Effects of Employers’ NIC Increases in 2025

The upcoming increase in Employers’ National Insurance Contributions (NICs) is set to have significant repercussions...

Fuel prices report by Competition and Markets Authority (CMA)

Fuel margins of retailers - the difference between what a retailer pays for its fuel...

How Council Tax is calculated

To calculate your Council Tax, you need to know the following: The valuation band of your...

Changes to CGT Investors’ Relief

The rate of Capital Gains Tax (CGT) for Investors’ Relief will rise from 10% to...

Gifts of land and buildings to charities

There are special rules in place for taxpayers who make gifts of land and buildings...

Seven year rule still applies – IHT PETs

There are specific rules regarding the liability to Inheritance Tax (IHT) on gifts made during...

Landlords with undeclared Income

The Let Property Campaign provides landlords who have undeclared income from residential property lettings in...

Approaching the VAT registration threshold

When approaching the VAT registration threshold there are important matters to consider. The VAT registration...

What are your concerns?

According to the Office for National Statistics as of October 2024, the primary concerns among...

What does EBITDA stand for?

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortisation. It's a widely used financial...

Close company anti-avoidance measure

As part of the Autumn 2024 Budget measures, the government introduced new anti-avoidance provisions to...

Changes to rates of tax on carried interest

The 18% and 28% Capital Gains Tax (CGT) rates currently applied to carried interest gains...

Applying for business start-up loans

Securing funding for a new startup is one of the most critical steps in ensuring...

Making Tax Digital – the next step

The mandatory rollout of Making Tax Digital (MTD) for Income Tax is set to begin...

GMS are pleased to announce the launch of our brand-new website

We wanted to give our clients the opportunity to review our services and freely communicate...

Using overpayment relief to recover overpaid taxes

Overpayment relief allows taxpayers to reclaim overpaid taxes relating to Income Tax, Capital Gains Tax...