by Therap_Admin | May 24, 2025 | Uncategorized
From 1st June 2025, HMRC is updating its Advisory Fuel Rates (AFRs) – the amounts you can claim for business mileage in company vehicles or repay for personal use. While the changes are small, they can affect your practice’s expenses and tax position. Key updates...
by Therap_Admin | Apr 21, 2025 | Uncategorized
From 6 April 2025, HMRC increased its interest rates on late tax payments – a change that could impact the finances of many mental health professionals across the UK. With the late payment rate rising by 1.5 percentage points, there’s never been a better time to...
by Therap_Admin | Mar 28, 2025 | Uncategorized
On 26 March 2025, Chancellor Rachel Reeves outlined economic changes that could impact therapists, especially those who are self-employed. Here’s what you need to know and how we can help you prepare. Key Changes Affecting Therapists 1. Tax Penalties—Avoid Extra Costs...
by Therap_Admin | Feb 22, 2025 | Uncategorized
In today’s dynamic economy, many individuals are exploring side hustles to supplement their primary income. Whether it’s selling handmade crafts online, offering freelance services, or renting out property, these ventures can provide financial flexibility...
by Therap_Admin | Jan 13, 2025 | Uncategorized
The clock is ticking! The self-assessment tax return deadline is fast approaching, and for therapists and mental health professionals, it’s essential to be prepared. Filing your tax return by 31st January 2025 might feel like just another task on your list, but it’s...
