What Every Business Owner Needs to Know About Crypto and HMRC

Confused about crypto and HMRC? This essential guide breaks down how crypto payments, investments, and trading are taxed in the UK. Perfect for small business owners navigating crypto compliance.

Need tax advice for your UK tech startup? Discover five practical tax tips including R&D relief, IR35, VAT for digital services, and cloud accounting — with expert insights from Collective Concepts.

Discover our top 4 tax tips for property businesses in 2025. Learn how to reduce liabilities, plan CGT, and improve VAT strategy with expert advice.

Essential To-Do Tasks Before the UK Tax Year Ends on 5th April As we approach the end of the UK tax year on 5th April, now is the time to take action and ensure you’ve done everything possible to minimise your tax liabilities and maximise your allowances. Whether you’re a business owner, self-employed, or simply looking to optimise your personal finances, these final weeks are crucial.  Many tax reliefs and allowances operate on a use-it-or-lose-it basis, meaning that once the new tax year begins, any unused benefits will be lost forever. With tax thresholds tightening and changes on the horizon, taking advantage of what’s available now can make a real difference to your finances. In this guide, we’ll walk you through five essential tasks to complete before the tax year ends. These steps will help you keep more of your hard-earned money while staying compliant with HMRC regulations. 1. Use Up Your Tax-Free Allowances The UK tax system provides several annual allowances that can help you reduce your tax bill, but if they aren’t used before 5th April, they reset and are lost. The Personal Allowance for the 2023/24 tax year is £12,570, meaning income up to this amount is tax-free. If you have flexibility over how you receive income - such as salary, dividends, or bonuses - you may want to adjust your payments to ensure you fully utilise this tax-free amount.

Multiple Dwellings Relief for Stamp Duty: Act Now before the 31 May 2025 Deadline

Discover effective strategies to transition from basic bookkeeping to strategic CFO-level management. Learn how automation and outsourcing can drive startup growth. Read now!

Explore key tax reliefs in 2025 with our comprehensive guide on the Annual Investment Allowance, R&D tax credits, and the Employment Allowance. Learn how these tax benefits can drive your business growth and innovation, and why integrating them into your financial strategy is essential. Dive into our blog for expert insights and actionable advice

Discover how to cut costs and maximise tax savings on business vehicles with our comprehensive guide. Learn the differences between buying and leasing, how to claim travel expenses, and the benefits of using vans and trucks in your business. Perfect for UK entrepreneurs!

Essential Budget Updates Every Business Owner Needs to Know