
How the 2025 company car tax update impacts your BIK
From 6 April 2025, changes to company car tax came into effect. These new rates can affect how much Benefit-in-Kind (BIK) tax you pay. These

From 6 April 2025, changes to company car tax came into effect. These new rates can affect how much Benefit-in-Kind (BIK) tax you pay. These

HMRC is currently writing to people that have been impacted by an old administrative error. This error was related to Home Responsibilities Protection (HRP). If

Chancellor Reeves delivered her Spring Statement speech on 26 March 2025, and contrary to the historical two Budgets per year, there will now be one

On 1 April 2013, the Annual Tax on Enveloped Dwellings (ATED) was implemented wherein Non-Natural Persons (NNPs) who have more than £500,000 worth of interest

Chancellor Rachel Reeves has made it clear: tax evasion will be dealt with swiftly and strictly this year. HMRC is teaming up with Companies House

From 1 April, the National Minimum Wage saw another set of increases. These are the changes from the last year

Chancellor Rachel Reeves delivered her first Budget on 30 October 2024 aimed at “national renewal.” The Budget offers some relief to low-income workers, whilst businesses

On 29 July 2024, the UK government announced a draft legislation on removing private school’s VAT exemption status, alongside business rates, effective in January 2025.

The Labour Party officially won in Parliament on the last 4 July 2024 general election. It was a majority win, ending the Conservative Party’s 14-year

The identity verification requirement placed on new and existing directors and people with significant control (PSCs) was introduced under the Economic Crime and Corporate Transparency
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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.
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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.

The Bank of England and HM Treasury began formally considering a national digital currency in 2021, launching a joint taskforce to explore what’s now called

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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