Author name: BS Associate Team

Written by the BS Associates Team – UK-based tax and accounting experts helping you save money with smart tips, updates, and financial advice.

Navigating Tax Implications for London Freelancers in 2024

Tax Implications of Remote Working for London Employees in 2024

In today’s digital age, remote working has become the norm for many Londoners. Whether you’re a seasoned freelancer or a small business owner running operations online, understanding the tax implications is crucial for both employers and employees. This guide aims to simplify the complex world of taxes for self-employed individuals, freelancers, and small online businesses […]

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Spring Budget 2024

Spring Budget 2024: Key Changes for Employers and Employees (UK)

The Spring Budget, delivered by Chancellor Jeremy Hunt on March 6, 2024, outlined the government’s plans for tax reform and public spending. This explainer focuses on two key changes relevant to employers and employees: National Insurance contributions (NICs) and the High Income Child Benefit Charge. Lower National Insurance Contributions (NICs) The government announced a reduction

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Tax Benefits of Marriage in the UK: Understanding What Applies to You

Tax Benefits of Marriage in the UK: Understanding What Applies to You

Getting married is a momentous occasion filled with love, commitment, and, believe it or not, potential tax benefits! While financial considerations shouldn’t be the primary driver for marriage, understanding the available tax breaks can be helpful for couples planning their future together. This guide explores the tax benefits associated with marriage in the UK, focusing

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10 Mistakes Londoners Make with Their Property Taxes

10 Mistakes Londoners Make with Their Property Taxes

Property taxes are an inevitable aspect of homeownership in London, and while they may seem straightforward, many Londoners often make mistakes when it comes to managing them. From overlooking exemptions to misunderstanding assessment processes, these errors can lead to unnecessary expenses and headaches. In this guide, we’ll find the ten most common mistakes Londoners make

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Check 5 Signs Your London Business Is on the Right Track

Check 5 Signs Your London Business is on the Right Track

Running a successful business in London requires more than just a goal, it demands a keen eye on financial health and strategic planning. In this article, we will explore the key indicators that suggest your business is on the right track and how partnering with accountants and tax advisors, such as BS Associates, can contribute

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Tax Free Childcare: Save up to £2,000 a year on childcare for UK Families

Tax Free Childcare: Save up to £2,000 a year on childcare for UK Families

Are you a hardworking parent in the UK, striving to make ends meet while juggling the demands of your career and family? Well, we have some exciting news for you! Thanks to the government’s Tax Free Childcare initiative, you can now save up to £2,000 a year on your childcare expenses. In this elaborate guide, we will

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Tax Tips for Maximizing Your Business Profits during Christmas

Tax Tips for Maximizing Your Business Profits during Christmas 2023

The holiday season is not only a time for festive cheer but also a crucial period for businesses to strategize their tax accounting for the holiday season. As a small business owner in the UK, you can capitalize on tax-saving opportunities by implementing smart financial practices. In this guide, we’ll explore key tips to help

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5 Tax Saving Techniques for Londoner with a Household Income of 20,000 GBP

5 Tax Saving Techniques for Londoner with a Household Income of 20,000 GBP

As a Londoner with a household income of 20,000 pounds, you may be wondering if there are ways to save money on your taxes. Fortunately, there are several tax-saving techniques that you can take advantage of to reduce your tax bill and increase your take-home pay. At Brayan and Spencer Associates, we’ve helped countless clients

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Business Tax Advice for Limited Companies and Sole Traders

Business Tax Advice for Limited Companies and Sole Traders in UK

When it comes to taxes, proper planning is crucial for both limited companies and sole traders in the United Kingdom from 2023-2024. By implementing effective tax strategies, businesses can minimize their tax liability, maximize their profits, and ensure compliance with tax regulations. In this blog post, we provided comprehensive and informative tax advice tailored specifically

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How the UK self-employed are reducing their tax bill

How the UK self-employed are reducing their tax bill: Secret Hacks

This article will help you understand how self-employed people in the UK can save money on their taxes. We’ll share practical tips and strategies to get the most from your tax returns, deal with HMRC taxes, and manage different self-employment categories like independent contractors, sole proprietors, and partnerships. Self-employed individuals face unique challenges when it

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