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.
With the rising cost of living in the UK, taking second jobs may be a necessity for some to make ends meet. If you
If your tax affairs become too complex for you to handle, they may be best left to experts. How to find tax advisor may
Under the Pay as You Earn (PAYE) system, employee pay is taxed at source. But what happens when your payslip shows no tax deductions?
If you are new to self-employment, you need to inform HMRC first thing so that you get taxed accordingly. Below, we cover how to
Tax is a major consideration if you want to keep more of your hard-earned wealth. This is efficiently done with tax planning. Tax saving
Even if there is no tax to pay, a filing deadline missed will automatically mean a late tax return penalty. If you are due
Do you pay corporation tax on dividends? Limited companies often wonder if they pay corporation tax on their dividend payouts. How UK dividend taxation
Capital Gains Tax Rules on Overseas Property [Latest Updates] Capital Gains Tax Rules on Overseas Property [Latest Updates] Capital Gains Tax Rules on Overseas Property
Are you struggling with your corporation tax payment? You’re not alone. Many UK businesses face challenges when it comes to managing their tax obligations,
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.
The end of the tax year brings a few certainties. One of them is an important document landing in your inbox or hand. So, what is a P60 exactly? In the UK, it is an official record of the total pay received, and the amount of tax and NICs deducted during that tax year.
The days of crypto anonymity are coming to an end. From January 2026, HMRC will begin receiving automatic data on UK taxpayers’ cryptoasset activities from digital asset platforms around the globe. This is all under a new international agreement known as the Cryptoasset Reporting Framework (CARF).
Almost every employee in the UK is eligible for workplace pensions. It’s mandatory for employers to set their employees for auto enrolment pensions, even if they only have one. This guide is for both, whether looking to strengthen compliance or understand how it affects their paycheck.
The removal of P11D forms, replaced by mandatory payrolling of benefits in kind (BIK) by April 2026, is deferred for 12 months. This was first introduced in January 2024, but with several appeals, HMRC announced on 28 April 2025 that it will delay the implementation in April 2027.
Those who are self-employed or in a partnership need to know about a major tax change: “Basis Period Reform.” This new approach to taxing business profits in the UK aims to simplify things by aligning everyone’s tax calculations to the standard tax year. This guide breaks down everything in simple terms. Understand what is changing, how it impacts you, and what steps you may need to take.
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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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We provide services to our clients based on the principle of honesty, sound knowledge, reliability, and integrity, assuring the best quality and relevant advisory to our clients’ individual and business tax needs.
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246-250 Romford Road,
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Our Locations: Stratford , London, Hounslow, Milton Keynes, Manchester , Glasgow, Bolton
© Legend Financial and Tax Advisers Limited is registered in England and Wales, Registration number: 08103572
