Blog

With the 2024/25 tax year-end fast approaching (5th April) the sands of time are ticking by. Here are Rogers Spencer’s 5 top tips for pre-year-end tax planning. 1. Make Pension Contributions Perhaps the most powerful and easiest way to reduce your tax bill is to pay...

As the minimum wage changes are due to take effect from April, both business owners and employees face important adjustments. With recent legislative changes increasing minimum wage rates in several regions, understanding the impact on your business and workforce is...

It feels as though an age has passed since the UK’s first female Chancellor, Rachel Reeves delivered her inaugural budget back in October and the effects of these have seeped somewhere into the back of our collective subconscious. But thus far many of the changes...

Filing your Self-Assessment can be a daunting task, but with the right guidance, it doesn't have to be. This blog post will provide you with essential tips to help you navigate the process smoothly and ensure you comply with UK tax regulations. 1. Understand Your...

Are you tired of the stress and confusion that comes with managing your finances? A personal accountant can be a game-changer, offering expert guidance and support to help you make the most of your money. Here are five ways a personal accountant can save you money and...

HMRC announced last week an increase in total taxes collected of £5.6 Billion for the period of April to July 2024 as compared with the corresponding 2023 period HMRC tax receipts and National Insurance contributions for the UK (monthly bulletin) - GOV.UK (www.gov.uk)...

IR35 legislation can be a complex area for both contractors and businesses. It’s designed to ensure that individuals working like employees pay the same tax as employees, but determining whether you fall under IR35 rules can be challenging. What is IR35? IR35, or...

Running a successful dental practice requires a focus on patient care, clinical expertise, and building a positive reputation. However, the financial health of your practice is equally important for long-term sustainability and growth. Here at Rogers Spencer, we...

As a specialist in property taxation at Rogers Spencer, I regularly encounter landlords who are unaware of the recent changes surrounding capital gains tax (CGT) reporting for residential property sales. This can lead to them inadvertently missing deadlines and...

As a UK business owner, navigating the intricacies of tax can feel like a daunting task. But fear not! By implementing a few key strategies, you can significantly reduce your tax liability and keep more of your hard-earned profits in your pocket. Let's explore some...

Possibly not… The world of UK business is constantly evolving, and the latest ripple causing a stir is the impending shake-up of audit thresholds. For many businesses, the annual audit is a significant undertaking, bringing with it both compliance burdens and,...

With the 2024/25 tax year-end fast approaching (5th April) the sands of time are ticking by. Here are Rogers Spencer’s 5 top tips for pre-year-end tax planning. 1. Make Pension Contributions Perhaps the most powerful and easiest way to reduce your tax bill is to pay...

As the minimum wage changes are due to take effect from April, both business owners and employees face important adjustments. With recent legislative changes increasing minimum wage rates in several regions, understanding the impact on your business and workforce is...

It feels as though an age has passed since the UK’s first female Chancellor, Rachel Reeves delivered her inaugural budget back in October and the effects of these have seeped somewhere into the back of our collective subconscious. But thus far many of the changes...

Filing your Self-Assessment can be a daunting task, but with the right guidance, it doesn't have to be. This blog post will provide you with essential tips to help you navigate the process smoothly and ensure you comply with UK tax regulations. 1. Understand Your...

Are you tired of the stress and confusion that comes with managing your finances? A personal accountant can be a game-changer, offering expert guidance and support to help you make the most of your money. Here are five ways a personal accountant can save you money and...

HMRC announced last week an increase in total taxes collected of £5.6 Billion for the period of April to July 2024 as compared with the corresponding 2023 period HMRC tax receipts and National Insurance contributions for the UK (monthly bulletin) - GOV.UK (www.gov.uk)...

IR35 legislation can be a complex area for both contractors and businesses. It’s designed to ensure that individuals working like employees pay the same tax as employees, but determining whether you fall under IR35 rules can be challenging. What is IR35? IR35, or...

Running a successful dental practice requires a focus on patient care, clinical expertise, and building a positive reputation. However, the financial health of your practice is equally important for long-term sustainability and growth. Here at Rogers Spencer, we...

As a specialist in property taxation at Rogers Spencer, I regularly encounter landlords who are unaware of the recent changes surrounding capital gains tax (CGT) reporting for residential property sales. This can lead to them inadvertently missing deadlines and...