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Autumn Budget 2024 (CGT)
Hello, welcome back. Today I am going to explain the changes that have arisen in Capital Gains Tax from the Budget Rachel Reeves announced. Capital Gains Tax (CGT) is a tax that will not affect everyone. However, it will affect you if you sell or give away an asset – which could be a house,…
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To Separate or Not to Separate—That Is the Question!
Introduction In today’s blog, I’m going to dive deep into banking in business and why separating your finances is so incredibly important. This applies to all types of businesses—from sole traders to SMEs to the biggest companies. No one is too big or too small for this rule. When you start a business, no one…
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Tax Codes Explained!
Introduction Hey everyone, welcome back to my accounting knowledge blog. A little introduction into what we’re looking at today, we are delving into the basics of what you tax code means, people see numbers and letters but don’t know what they represent. This is for you if you want to learn more about what your…
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Introduction
Hey everyone, welcome to my accounting knowledge blog, this one is for you if your little side gig is creeping up to being actual income! I believe I could name myself the Queen of Side Hustles, in my time I have been a side cleaner, side crocheter, side reed diffuser maker, and side hair wrap…