The article outlines essential strategies for UK small business owners to manage finances and minimize tax liabilities for the 2024/25 tax year, emphasizing structure, allowable expenses, and tax reliefs.
Charitable giving in the UK offers tax benefits like Gift Aid, Payroll Giving, and potential Inheritance Tax relief, making it a strategic way to support causes while optimizing financial outcomes.
As the UK tax year ends on April 5, taxpayers should review their finances, maximise allowances, and prepare for tax filing to ensure a smooth transition into the new tax year.
ESG investing in the UK is gaining popularity for its alignment with values and potential financial benefits, focusing on environmental, social, and governance criteria to enhance returns and mitigate risks.
Pension scams are increasing in the UK, making it crucial for individuals to recognize red flags and implement protective measures to safeguard their retirement savings.