The non-dom tax status regime is set to be abolished by 6 April 2025, surprising many wealthy non-domiciled people with the speedy implementation. More commonly
Contents HM Revenue and Customs implemented the Construction Industry Scheme (CIS) to make paying taxes fair for both employed and self-employed individuals, ensuring that the
Contents The Autumn Statement 2023 announced an increase in the UK minimum wage 2024 for all four wage categories. Changes in minimum pay always begin in April,
Contents Since pension income is considered an ordinary income, it is taxed. The rule of thumb is to withdraw only within the annual income tax
On 22 April, HMRC will initiate the pilot phase of Making Tax Digital (MTD) for income tax self-assessment. Craig Ogilvie, Director of MTD, has reached
Contents The latest HMRC Digital Disclosure Service (DDS) is accessible to everyone who wants to straighten their tax affairs. This is to encourage all taxpayers
Contents Capital allowances on property come in several types, each with dynamic and intricate rules. These allowances are not automatic and must always be claimed
Starting from Spring 2024 in May, taxpayers accessing HMRC’s online services for the first time will need to create a GOV.UK One Login account instead
Contents How much taxes a subcontractor pays depends on whether they are CIS and/or VAT registered. Our CIS calculator for tax deductions and rebates will
Contents HMRC automatically class UK people who lived abroad for more than six months in a year as non-resident landlords, even if they are considered
Our Experts
Fahad is a Chartered Certified Accountant (ACCA), with a motto “When “why” is clear, “how” is easier”. He is proficient in numeracy and impassioned with giving concise advice to a wide range of clients.
Junaid has been instrumental in the achievement of our success across various regions and he specialises in business management, accounting and tax advisory services.
Faizan is good at providing well-thought-out strategies and solutions to complex problems in Business Development which makes him a proficient overseer of our clients.
The quickest way from A to B is usually a conversation. So, if you want to find out more about how Legend Financial can boost your business, get in touch. We’ll give straight answers so you can make a confident decision, fast.
Chancellor Rachel Reeves has confirmed the Autumn Budget will take place on 26 November 2025. As with the Spring Statement earlier this year, this annual
The UK economy may look like it’s picking up speed. In the second quarter, GDP rose by 0.3%, a sign that things are moving in
HMRC recently updated their Transformation Roadmap to making the UK’s entire tax systems entirely digital by 2030. By 2028, HMRC expects 90% of tax interactions
Legend Financial is delighted to announce our new partnership with Portman Finance Group. This collaboration marks an exciting step forward. Access to the right financial
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The quickest way from A to B is usually a conversation. So, if you want to find out more about how Legend Financial can boost your business, get in touch. We’ll give straight answers so you can make a confident decision, fast.
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