admin | SA Ledgers Ltd

What is a demerger?

by admin | Nov 20, 2025 | Capital Gains Tax

A demerger involves splitting the trading activities of a single company or group into two or more independent entities. This can be facilitated by distributing the assets of a holding company to its shareholders. There are special statutory demerger provisions...

Christmas crafters and tax

by admin | Nov 20, 2025 | Income Tax

If you earn fees or sell goods as a side hustle, you may need to pay tax on your profits. HMRC has launched a new press release encouraging Christmas crafters and anyone with a fee earning hobby to check their tax reporting obligations as part of its Help for...

MTD – qualifying income

by admin | Nov 20, 2025 | Income Tax

Making Tax Digital for Income Tax (MTD for IT) will become mandatory in phases from April 2026. If you are self-employed or a landlord and have over £50,000 in qualifying income you need to start preparing to submit quarterly updates, keeping digital records and cope...

Early termination of probation can constitute wrongful dismissal

by admin | Nov 19, 2025 | Employment Law

The claimant began employment as a Contracts Coordinator on 23 January 2023, subject to a contractual 6-month probationary period, one which required 5 weeks’ notice for termination. The contract included a garden leave clause, but no clause permitting Payment...

Preparing for tighter credit conditions in 2026

by admin | Nov 17, 2025 | Business Support

Many small businesses rely on a mix of overdrafts, card facilities and short term loans to maintain day to day cash flow. During the past year banks and alternative lenders have become more cautious, and several indicators suggest that credit conditions will tighten...