With 2025 just around the corner, you may wish to consider creating some financial New Year’s resolutions to ensure that you remain on course for a profitable and successful year ahead.
It is important to make the most of your personal and business wealth, and ensure you make the most of any allowances and reliefs that may be available to you. Inadequate financial planning may mean that you aren’t able to make use of tax-saving opportunities.
Stay on track to achieve your financial goals by analysing your financial planning strategies thoroughly.
As your accountants, we can assist you in applying strategies to improve your business’s bottom line. We will also recommend a handful of ways to minimise your tax bill.
We understand that organising your finances often poses an unwelcome burden. That is why we are on hand, helping you to manage your personal and business finances and stay on track in 2025.
For more information on how we can assist you during 2025 and beyond, please contact us.
25/12/2024
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27/08/2025
HMRC targets personal expenditure
HMRC will run a digital campaign to ensure that self assessment taxpayers do not claim tax relief for personal expenditure on 2025/25 tax returns, according to the ICAEW.
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HMRC cuts late payment interest
HMRC will reduce late payment and repayment interest rates from 27 August following the 0.25% cut in the base rate earlier in the month.
Child Benefit claims deadline approaching
Parents have less than two weeks to tell HMRC their 16-19-year-old is continuing education or training, or their Child Benefit payments will stop.
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