Author Archive Joshua Leigh & Co

Could the new IHT rules damage your business’s value on paper?

June 4, 2025 Comments Off on Could the new IHT rules damage your business’s value on paper? By Joshua Leigh & Co

The Government’s decision to halve Business Property Relief (BPR) and Agricultural Property Relief (APR) from April 2026 is already changing how family businesses and farms operate.

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Class 2 NICs – The hidden issue affecting self-employed taxpayers

June 3, 2025 Comments Off on Class 2 NICs – The hidden issue affecting self-employed taxpayers By Joshua Leigh & Co

Recent changes to Class 2 National Insurance contributions (NICs) were meant to simplify things for self-employed taxpayers.

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Are rising tax arrears putting your business at risk?

May 29, 2025 Comments Off on Are rising tax arrears putting your business at risk? By Joshua Leigh & Co

Businesses in the UK are facing increasing financial strain, with new data from HM Revenue & Customs (HMRC) showing that tax arrears have hit £28 billion per month on average across the first quarter of 2025.

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Do you need to report that loan? The £10,000 rule and P11D implications

May 28, 2025 Comments Off on Do you need to report that loan? The £10,000 rule and P11D implications By Joshua Leigh & Co

Many businesses routinely offer financial support to their directors or employees in the form of loans.

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HMRC or a scam – can you trust the letters you receive?

May 27, 2025 Comments Off on HMRC or a scam – can you trust the letters you receive? By Joshua Leigh & Co

There are always going to be bad actors looking to scam reputable businesses out of money and data.

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The countdown to Making Tax Digital for Income Tax – Who is affected first?

May 22, 2025 Comments Off on The countdown to Making Tax Digital for Income Tax – Who is affected first? By Joshua Leigh & Co

With less than a year to go before Making Tax Digital for Income Tax (MTD for IT) becomes mandatory for sole traders and landlords earning over £50,000, it is important to start preparing.

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Understanding linked periods of sickness and how they affect payroll

May 21, 2025 Comments Off on Understanding linked periods of sickness and how they affect payroll By Joshua Leigh & Co

When it comes to Statutory Sick Pay (SSP), most payroll teams are confident in calculating payments for a single period of absence.

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Investors’ Relief under pressure – Why HMRC is tightening its approach

May 20, 2025 Comments Off on Investors’ Relief under pressure – Why HMRC is tightening its approach By Joshua Leigh & Co

HM Revenue & Customs (HMRC) is writing to taxpayers who claimed Investors’ Relief on their 2023/24 Income Tax Self-Assessment returns but may not meet the strict eligibility criteria.

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Are we underestimating the real impact of workplace pressure?

May 15, 2025 Comments Off on Are we underestimating the real impact of workplace pressure? By Joshua Leigh & Co

This week is Mental Health Awareness Week, and an important opportunity to reflect on how we manage wellbeing in the workplace.

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When silence costs millions – Ignoring HMRC is a risk you cannot afford

May 14, 2025 Comments Off on When silence costs millions – Ignoring HMRC is a risk you cannot afford By Joshua Leigh & Co

Most directors do not expect to face personal tax bills in the millions.

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