Holeys Accountants

More than 1 million UK pensioners now pay tax at 40% or more, more than double the number five years ago.

Frozen thresholds mean more retirees are being caught out. Read our latest blog to find out more: https://ow.ly/QNYF50ZIFE0

HMRC has announced the total amount paid in tax from cryptocurrency gains in the 2024/2025 tax year.

Since the crackdown on crypto tax, it is more important than ever to understand how tax should be paid on crypto gains.

Want to know more? Check out our latest blog: https://ow.ly/WQ8s50ZI9PG

Failing to notify HMRC of a Capital Gains Tax liability can result in a failure to notify penalty.

If you have recently sold shares in a business, it might be worth double-checking if there is tax to pay.

Read more here: https://ow.ly/VtBv50ZFZZy

Got a Pikachu worth thousands? Or maybe you have landed on a stock that can make you a millionaire?

Before you sell them on, you need to be aware of the Capital Gains Tax implications associated with selling for a profit.

Want to know more? Check out our latest blog: https://ow.ly/cCbP50ZFwxW

If your side hustle is picking up momentum and you are set to start paying tax, should you choose a sole trader or limited company structure?

With different tax implications, each structure can benefit different situations.

Read more here: https://ow.ly/9pWn50ZBPoQ

HMRC has announced plans to automatically enroll sole traders and landlords earning over £50,000 into MTD after only around half of eligible taxpayers have completed their first quarterly filing.

The automatic enrolment process is set to begin in September, meaning there is now even more reason to make sure you are registered if you have not already done so.

Want to know more? Read our latest blog: https://ow.ly/BHai50ZBmgZ

The Great British Summer Saving Scheme is ending soon

VAT will return to 20% for affected services on 1 September.

Ensure your business is set for the upcoming changes.

Contact us for advice today.

HMRC is updating the Advisory Fuel Rates for company car users from 1 September - https://ow.ly/fBRe50ZzLpJ

Stay up to date so your employees are reimbursed fairly.

Need advice? Contact us today.

It is normal for some personal and business finances to overlap, but problems can arise if the lines become too blurred.

What are some tax and compliance risks associated with mixing personal and business finance?

Read more here: https://ow.ly/prBr50ZzmhH

Have you considered using AI for your tax advice?

While technology can process numbers, it can't process your goals or give you accurate tax information.

Want to know more? Check out our latest blog: https://ow.ly/Nt4y50ZyQCE