Inspire Financial Management
Best viewed on a device with a bigger screen...
Tel: 0191 487 7074
You recently started a new business which you run through a company. Can reduce your tax and NI bill if you issue your spouse with shares?
Your firm is about to complete on the sale of its premises. Because it's a VAT-exempt transaction will this trigger the tricky partial exemption rules?
Guidance published by HMRC confirms that it will be possible for more than one agent to hold authorisation for Making Tax Digital.
The 2025 Spring Statement included numerous announcements affecting Making Tax Digital for Income Tax Self-Assessment (MTD ITSA). What do you need to know?
A director is retiring soon and the board want to pay him a lump sum to reward his service. Is there a more tax-efficient alternative to a golden handshake?
The new tax year saw a change to the way interest on late paid taxes is calculated. What's changed and what are the new charges?
Due to security concerns, HMRC has warned that it will not process refund claims made by authorised agents. What's going on and what alternatives are available?
The government is planning a change that it says could save thousands of taxpayers from having to file a self-assessment tax return. What's the full story?
You've discovered that you overlooked a claim for tax relief in an earlier tax return. Is there still a way to make a claim?
If you own more than one home, you're only entitled to the capital gains tax private residence relief for one of them. How do I maximise my claim for relief?
You've sold one of your businesses and are looking to invest the proceeds. A friend has suggested buying woodlands as a good opportunity.
Thye Chancellor kept her pledge that there would be no more tax rises at the Spring Statement, but there are some important Making Tax Digital developments.
Making Tax Digital will be mandatory for some traders and landlords next year. Ahead of this, the government is ramping up its guidance to help you get ready.
HMRC has promised a change to the threshold at which self-employed taxpayers need to complete a tax return. What do we know so far?
From April 2026 companies won't be able to file their tax returns and accounts using the HMRC and Companies House free-to-use service.
Use your pension savings to raise tax-efficient cash for your business.
The government has opened a consultation on the application of the £1m allowance for property settled into trust qualifying for 100% property relief.
Tax scams are increasing in number and sophistication, possibly aided by AI. HMRC has updated its guidance on how to spot them. What's the full story?
The government is seeking views on the standardisation of electronic invoicing. Why, and how can you join the consultation?
Higher and additional rate taxpayers can use a new online form to claim additional tax relief on pension contributions. Can you accelerate relief?
inspire financial management, stockton on tees, financial management, accountant, accounting, gateshead