GMS

Alert: If you expect your income tax to drop next year, you could reduce your payments on account and ease the strain. Wondering how to claim? Find out why it might be worth checking your payment on account status now.

granitemorgansmith.co.uk

Mileage pay just got a boost! From 6 April, approved mileage rates for cars and vans have risen to 55p per mile for the first 10,000 miles. If you use your own vehicle for work, this could mean more money in your pocket. Curious how this affects you and the rules around mileage allowances? Read on to find out more.

403 Forbidden Please be advised that LiteSpeed Technologies Inc. is not a web hosting company and, as such, has no control over content found on this site.

Alert: Did you know certain business sales or share disposals might trigger a reduced 18% Capital Gains Tax rate? Find out why this could matter for your next move. Read on to see if you're eligible for a valuable tax relief and how it could impact your financial planning.

Can you claim Business Asset Disposal Relief - GMS Business Asset Disposal Relief (BADR) applies to the sale of a business, shares in a trading company, or an individual’s interest in a trading partnership. When this relief is available, a reduced 18%

ID checks at Companies House are rolling out – if you're a company director or have significant control, it's time to get verified. Most can do it online or in person at selected Post Offices. Don't miss out, find out why this matters to you today.

403 Forbidden Please be advised that LiteSpeed Technologies Inc. is not a web hosting company and, as such, has no control over content found on this site.

Alert for landlords: Are you sure about your tax and National Insurance on rental income? Find out what might affect your bottom line and pension rights. Read on to get the details landlords often overlook.

Landlord tax and National Insurance considerations - GMS When renting out property, landlords may have both Income Tax and National Insurance considerations to consider. However, rental income is generally taxable. For individuals, the first £1,000 of

Hidden changes in tax rules may mean many could be paying more tax without noticing. Wage rises might be pushing you into higher tax bands — find out why it matters now.

Fiscal drag explained - GMS The freezing of tax thresholds can result in a phenomenon commonly referred to as 'fiscal drag'. This occurs when tax allowances and rate bands remain unchanged while wages and inflation increase. As

Exciting news from the GMS team—we are relocating to a brand-new office! As our business continues to grow, we’re moving into a space that will help us serve you even better.

Starting from 1 July 2026, you can find us at:
First Floor, 1 The Matchyns, London Road, Rivenhall, Witham, CM8 3HA

Don't worry, our emails and phone numbers are staying exactly the same, so you can still reach us without any disruption.

For all the details, FAQs, and updates regarding the move, please visit our website:
https://granitemorgansmith.co.uk/

403 Forbidden Please be advised that LiteSpeed Technologies Inc. is not a web hosting company and, as such, has no control over content found on this site.

Alert for small businesses: A VAT scheme lets you pay VAT only when your customers pay you. Could this be the cash flow boost you need? Find out why this matters now and if you could qualify.

403 Forbidden Please be advised that LiteSpeed Technologies Inc. is not a web hosting company and, as such, has no control over content found on this site.

Urgent update for self-employed and landlords: Your choice of software for Making Tax Digital matters. Find out what features to look out for and why some can even link spreadsheets directly with HMRC. Ready to make the switch? Read on to see which tools suit you best.

Making Tax Digital – which software to use - GMS Making Tax Digital (MTD) for Income Tax is now in force for many self-employed individuals and landlords. Since 6 April 2026, taxpayers with qualifying business or property income exceeding £50,000

Alert: You might need to register for self-assessment even if you're mostly taxed through PAYE. Got business profits or untaxed income? Find out why this matters now and what you need to do. Read on to check if this applies to you.

403 Forbidden Please be advised that LiteSpeed Technologies Inc. is not a web hosting company and, as such, has no control over content found on this site.