Tax Tips and News - May 2025

01280 875250

courtsaccountants.co.uk
15/05/2025

 

 

Tax Tips and News - May 2025

Welcome to the Courts Accountancy Services monthly newsletter, bringing you the latest tax tips and news to keep you one step ahead of the taxman.

We’re committed to ensuring none of our clients pay a penny more in tax than is necessary and that they receive useful tax and business advice and support throughout the year.

We wanted to share an insightful article with you written by Terri Hall at Continuum.

Terri Hall – Being Business Cash Smart

If you need further assistance regarding anything in this newsletter, please give us a call or drop us an email and we’ll be happy to discuss with you.

Also, if you require advice on your own specific circumstances, feel free to give us a call, after all we are here to help!
Tax rises inevitable amid tariff trade war?
The dust had barely settled on Rachel Reeves' Spring Statement before shockwaves were sent through financial markets following news of trade tariffs from America. Read More...
 
HMRC could get new powers in tax avoidance clampdown
Tax avoidance - and specifically those who promote it - has once again been pushed into the spotlight. That's because of a new review launched by the Government, as trailed at the Spring Statement. Read More...
 
Financial reporting: major changes for business sizes take effect
Significant changes affecting financial reporting have kicked in, meaning many businesses may be re-classified in terms of their sizes. Read More...
 
Chancellor adds more fuel to ISA reform fire
After much rumour and conjecture, it seems that some potentially significant changes to ISAs (Individual Savings Accounts) are on the way. Read More...
 
May Questions and Answers
Q: My business has always used P11D forms for reporting benefits-in-kind. We don't payroll benefits currently. But I've heard the rules are changing. What does this mean for my business and what do I need to do to prepare? Read More...
 
May Key Dates

19 May - For employers operating PAYE, this is the deadline to send an Employer Payment Summary (EPS) to claim any reduction on what you'll owe HMRC

Read More...
 
About Us

Courts Accountancy Services Accountants are based in Buckingham, offering local business owners and individuals a wide range of services. All clients are entitled to fixed fees, work delivered on time and unlimited phone support. Visit our website courtsaccountants.co.uk for more information.
 
 

Copyright © 2025 Courts Accountancy Services. All rights reserved.

Investment House, 24 Vicarage Road, Winslow, Bucks, MK18 3BE.

Courts Accountancy Services is a trading name of Courts Accountancy Services Limited