10 min read Chancellor Rachel Reeves delivered the Autumn Budget 2024, which included tax changes and spending measures to stimulate the economy and support businesses and households. Here’s a breakdown of the critical measures impacting landlords and small businesses in the UK. Tax changes impacting landlords: 1. Stamp Duty Land Tax (SDLT) changes New rates […]
Author Archives: Team Golding
10 min read According to eMarketer, global e-commerce retail sales are expected to surpass $5 trillion for the first time in 2022, representing more than 20% of total retail sales. Despite a slowdown in growth, overall spending is projected to reach $7 trillion by 2025. Is your e-commerce business growing but not seeing the […]
10 min read If you’re a UK landlord, you need to pay rental income tax on all annual gross property income over £1,000 (your property allowance). In case you haven’t been paying the tax you owe, whether because of a lack of knowledge about your liability or other factors, you have the opportunity to rectify […]
10 min read Being an influencer can be exciting and rewarding, but with great media fame comes tax responsibility. The income from brand partnerships, social media platforms, and other ventures makes you liable to complete a Self Assessment tax return. In contrast to conventional salaried jobs where taxes are automatically withheld through PAYE, influencers […]
HMRC nudge letters are a type of “one-to-many” communication, targeting a wider audience of businesses or individuals within similar sectors.
Understanding and navigating the complex ecosystem of the construction industry and the tax landscape is a crucial responsibility for contractors. The Construction Industry Scheme (CIS) tax deductions can be overwhelming, but mastering them is necessary for accurate tax filing and avoiding penalties. This knowledge empowers contractors, giving them control over their financial responsibilities. It’s […]
This buy-to-let tax guide will equip you with a comprehensive understanding of critical buy-to-let taxes in the UK, helping you maximise profits.
With the recent crackdown by HMRC on Airbnb tax evasion, hosts are now legally required to report their rental income. Find out more:
In this blog post, we’ll cover different components to know about filing accounts for a limited company.
If you want to understand how Generative AI in accounting can help your business, you’re in for a treat. We dive deep into this topic in this blog post: