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The upcoming rise in the National Minimum Wage to £12.21 per hour from April has prompted fresh challenges for businesses,…

The Autumn Budget brought unwelcome news for investors, with the Government announcing immediate increases to Capital Gains Tax (CGT) rates.

Recent figures show that HM Revenue & Customs (HMRC) recovered £45.7 billion in tax probes in 2024, a £10 billion…

With the rise of electric vehicles (EVs), many company directors and employees charge their cars at home.  

For business owners, sustainability might have been something viewed as a nice-to-have or a PR exercise in the past, but…

For years, double cab pickups have benefited from being classified as goods vehicles for tax purposes, allowing businesses to enjoy…

More than half of UK businesses plan to raise their prices in the next three months, according to the British…

The recent Budget has introduced changes to Capital Gains Tax (CGT) and the taxation of carried interest, aiming to ensure…

The recent Budget has introduced changes to Business Asset Disposal Relief (BADR), a vital tax relief for business owners looking…

Directors’ loan accounts (DLAs) are a common financial tool for owner-managed businesses.

To support the vibrant sector that is the creative industry, the Government offers an array of tax reliefs and expenditure…

Christmas. A time of year for tinsel, turkey, tangerines, and… tax returns?  

As businesses plan their fleet strategies, recent changes announced in the Autumn Budget are set to impact the tax costs…

With the planned abolition of the Furnished Holiday Let (FHL) tax regime in April 2025, owners of FHL properties are…

If you are a sole trader, you must consider the tax implications of owning a van for business use.  For…

We are getting ever closer to 31 January 2025 and the Self-Assessment tax return deadline, so businesses and individuals are…

Congratulations on steering your startup through the challenging early stages!  

Small Business Saturday takes place this week, and this year it comes with exciting news for small business owners.  

With Christmas just around the corner, it is time to embrace the festive season, but as a business, you will…

The HM Revenue & Customs (HMRC) advisory fuel rates, updated quarterly, play an important role in how businesses manage employee…

As the 31 January Self-Assessment tax return deadline approaches, HM Revenue and Customs (HMRC) has issued a stark warning about…

HM Revenue & Customs (HMRC) is introducing real-time reporting for benefits in kind (BiKs) starting in April 2026, meaning businesses…

The Autumn Budget brought clarity to many areas of tax planning, but for family-run businesses, one announcement could prove particularly…

With Christmas just over a month away, many businesses are finalising their plans for seasonal recruitment or are already welcoming…

The Bank of England’s decision to reduce the base rate to 4.75 per cent has triggered changes to HM Revenue…

The Let Property Campaign is an initiative designed by HM Revenue & Customs (HMRC) designed for landlords who may have…

In the recent Budget, Chancellor Rachel Reeves announced that National Minimum Wage (NMW) rates would increase as of April 2025.  

This month is Career Development Month, a perfect opportunity to focus on upskilling your team.  

In a detail that may have been missed underneath the headlines, the recent Budget introduced a change for businesses that…

From higher employer National Insurance (NI) contributions to increases in Capital Gains Tax (CGT) rates, the changes announced in last…

If you want to secure the long-term success of your business, we highly recommend doing some financial forecasting.

Expanding a business is something many entrepreneurs dream of, but it is much easier said than done.

You may already be familiar with Making Tax Digital (MTD), but the extension to Income Tax Self Assessment (ITSA) is…

A recent report from the Financial Times has indicated that Chancellor Rachel Reeves may extend the freeze on Income Tax…

Tax does not have to be the headache that many businesses think it is.

As we approach the Budget, due to be announced on 30 October, one of the key concerns is the potential…

It is the world’s worst-kept secret at this point, but if you have not already heard, the Budget is approaching…

Dividends have long been an important income stream for investors, business owners, and retirees alike.  

The deadline for voluntary National Insurance (NI) contributions is fast approaching, leaving you with little time to fill gaps in…

Lifetime ISAs (LISAs) have become a popular way to save for a first home or retirement, offering a 25 per…

For months, there was speculation that the upcoming Budget could bring major changes to pension tax relief, specifically a move…

PAYE Settlement Agreements (PSAs) are a convenient tool for employers, allowing them to cover the tax and National Insurance contributions…

Optimism is on the rise among small and medium-sized enterprises (SMEs) for the third consecutive year.   According to recent research…

Sustainability has become a core part of how businesses are expected to operate, whether we like it or not.   You…

With tax and National Insurance (NI) receipts making headlines, many people are understandably concerned about what this means for their…

In our latest blog, we continue our look ahead to the 2024 Autumn Budget and how it could affect taxpayers.  

Keeping up with tax payments is something every business owner knows is important.   On that note, HM Revenue & Customs…

The burden on small and medium-sized enterprises (SMEs) is already quite heavy due to the current economic climate, but it…

Effective expense management is key to driving profitability in any business.

If you’re enjoying the freedom and flexibility that comes with freelancing, you might be wondering if it’s time to take…

Making financial gifts during your lifetime is a thoughtful way to provide for your loved ones while also reducing your…

In our previous blog, we explored the initial two stages of a business cycle: the launch and growth stages.

If your business reimburses employees for business travel in their company cars or if employees are required to repay fuel…

With this week being National Payroll Week, it’s a great time to explore how businesses manage their payroll and if…

As we approach the Autumn Budget on 30 October, speculation is rife about potential changes that could impact taxpayers across…

Any forward-thinking entrepreneur will have a strategic and well-thought-out plan for running their business.

We’ve all become increasingly savvy when it comes to identifying scams, yet this hasn’t deterred fraudsters, who are finding new…

As more people turn their passion for breeding and selling animals into a source of income, HM Revenue & Customs…

You may have recently received correspondence from HM Revenue & Customs (HMRC) asking you to check if you need to…

As a business owner, managing your income well is vital for sustaining both your business’s health and your personal finances. 

Economic uncertainty often forces businesses to seek ways to reduce expenses without sacrificing quality or service.  

It is the time of year when the job market is populated with new graduates, fresh from receiving their university…

HM Revenue & Customs (HMRC) is reaching out to around 560,000 individuals over the next few weeks regarding their tax…

Storms, heavy rain, and other severe weather conditions can cause major damage to your business premises, leading to costly repairs,…

With the rapid adoption of Artificial Intelligence (AI) across various industries, businesses are increasingly integrating AI into their operations.  

It goes without saying that submitting tax payments promptly is a necessity for businesses, not only to remain compliant but…

Recent Government data has revealed a drop in Capital Gains Tax (CGT) payments and the number of individuals paying it,…

Directors’ loans are money you borrow from your company, distinct from salary, dividends, or reimbursed expenses.  

Starting next year, non-doms will face a tougher tax climate as Labour takes steps to fix what they see as…

As a UK business owner, you should always be looking for new ways to streamline your operations and enhance the…

There have been a lot of political changes in recent months, but the outlook for small and medium-sized enterprises (SMEs)…

The recent Scottish Widows 2024 retirement report highlights a growing pensions crisis, with the number of people not on track…

HM Revenue & Customs (HMRC) has recently issued a warning to employers regarding the proper use of workplace nursery schemes.  

The recent resignation of Gareth Southgate as England manager, after an impressive eight-year tenure, marks the end of an era.  

The recent announcement by HM Revenue & Customs (HMRC) has introduced a change in the way PAYE refunds are processed.  

The recent announcement by the new Labour Government to introduce a National Wealth Fund has sent ripples of excitement throughout…

In recent reports, former Prime Minister Sir Tony Blair has forecasted potential tax increases that could have an impact on businesses across the UK.

As the opening of Parliament approaches on 17 July, businesses across the country are bracing for the King’s Speech, which…

Even though inflation has dropped a lot from its peak in October 2022 of 11.1 per cent, the highest rate…

Employee share schemes have become increasingly popular over the last few years, particularly with start-ups, scale-ups and tech companies.

Property tax isn’t just a numbers game—it’s a crucial part of owning real estate.

Taking the helm of the family business is an exciting time and an opportunity for you to put your stamp…

We can all agree that with the advancements in Artificial Intelligence (AI) – whether we want it to or not…

Rebranding isn’t just about designing a creative new logo or catchy tagline—it’s about capturing the essence of your company’s identity,…

When you set up your business, it’s important that you recognise the value of data, particularly financial data.

Deepfake technology has made significant advancements thanks to the progress in artificial intelligence (AI), enabling scammers to replicate a person’s…

As an employer, it’s crucial to support your team not only during working hours but also in their personal lives.

The number of electric cars on our roads is rising rapidly. In 2023 alone, the number of new electric vehicles…

It’s Clean Air Day this week, so the focus of the business community is on adopting green practices to become…

In the words of John Kinsella, Director at Watson Buckle: “No business goes global on its own.”

This is a challenging time for ‘non-doms’ in the UK – those individuals which reside in the UK but are…

Setting the optimal price for your products can be difficult to navigate.

The last few years have been challenging for many businesses across the UK. Between the aftereffects of Covid, inflation and…

If you’re preparing to start your new venture, there are steps you need to take to make your launch as…

Facing your first financial audit can be intimidating, yet it is an essential task for many businesses.

Artificial intelligence (AI) is undoubtedly a major trend in accountancy and tax, with many firms, business clients and Government agencies…

Staff costs represent a substantial portion of your expenditure as a business owner, so it’s important that you understand what…

From April 2026, the Government’s Making Tax Digital (MTD) initiative will move to target self-employed individuals and landlords.

If you’re a business owner of a limited company, it’s important that you know how to make the most of…

A director’s loan is a form of profit extraction from your company, often used alongside salaries, dividends and expenses.  

Effectively managing your budget is crucial for business success, especially in challenging economic times.

From a tax planning perspective, incorporation of a business into a limited company has long been considered the gold standard…

When your business takes on a new employee, we know that you’re eager to get them settled into their role…

As a business owner, it is natural to continually seek ways to enhance efficiency and resource allocation within your business.

From company cars to private medical insurance and travel expenses to childcare vouchers, benefits in kind (BIK) serve as a…

Are you considering launching a seasonal business? If so, you are beginning an exciting journey that comes with its own…

If you’re a high earner with between £100,000 and £150,000 in net adjusted income, you’ll soon receive a letter from…

If you’ve invested in a property to let and furnished it, you will be liable to pay tax on the…

The Department for Science, Innovation and Technology (DSIT) has recently introduced a vital initiative targeted at small and medium-sized enterprises…

The start of the 2024/25 financial year saw the Capital Gains Tax (CGT) Annual Exempt Amount fall to a historic…

HM Revenue & Customs (HMRC) has issued a warning to businesses over fraudulent attempts to access VAT repayments via postal…

We can recommend accounting apps to you, but we are fully aware that many of you will have already implemented…

Scaling your start-up is a crucial decision for business owners, as it can directly impact the business’s long-term success.

One of the main ways that the Government encourages the use and commercialisation of innovative intellectual property is through tax…

The 2024/25 fiscal year has just begun, which means your previous allowances and exemptions have reset (as of 6 April).

If your business has a turnover of £90,000 or more and sells products or services subject to VAT, then you…

We entered the 2024/25 fiscal year on 6 April and now is the perfect opportunity to take advantage of the…

Management Accounts consist of regularly updated reports for both internal managers and external stakeholders or investors.

In a recent statement, HM Revenue & Customs (HMRC) has clarified travel from an employee’s home to their base office…

If you choose to offer certain benefits to your employees, then you may incur additional Class 1 National Insurance (NI)…

Many believe that business plans are only necessary for start-ups and new enterprises.

Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) represents a significant shift in how individuals, including landlords, must report…

With the new tax year underway, it’s time to review your payroll to ensure that it reflects the latest changes…

The HM Revenue & Customs (HMRC) app was launched in 2023 and has quickly become a key tool for many,…

In a new initiative designed to reduce paper use and unnecessary confusion, HM Revenue & Customs (HMRC) has announced a…

April marks both the start of the 2024/25 tax year and Stress Awareness Month – a coincidence not lost on…

April Fool’s Day, a time of jokes and jests, may have been and gone… 

Tax efficiency is one of the major deciding factors between different types of companies, particularly for growing businesses which need…

The law surrounding redundancy for new parents is set to change from 6 April.

HM Revenue & Customs (HMRC) has initiated a “call for evidence” as part of its ongoing Tax Administration Framework Review,…

In recent developments, HM Revenue and Customs (HMRC) has seen a notable decrease in the number of civil investigation cases…

The recent Spring Budget introduced significant changes to VAT (Value Added Tax) for businesses – particularly around the registration threshold.…

The Marriage Allowance, a scheme introduced by David Cameron in 2015, serves as a pivotal yet often overlooked tool for…

Understanding and adhering to the Corporate Interest Restriction (CIR) rules are a major challenge for many companies. The CIR legislation,…

Digital currencies are rapidly evolving, and the question of “how to tax cryptoassets” is increasingly being asked by governments across…

Unincorporated businesses like sole traders and partnerships are subject to different taxes than limited companies. 

Writing a business plan should be one of your first steps when starting your business. If you have a business…

Funding for businesses can come in a range of forms depending on your needs, creditworthiness and projected ability to make…

With 5 April fast approaching, the pressure is on to make sure that you’ve used all capital allowances available to…

A very common question you hear is, “Do you need to be good at maths to be an accountant?”

We have come across this common misconception time and time again from business owners who want to embrace the power…

Are you ready for the end of the 2023/24 tax year?

If you are an owner of a small to medium-sized enterprise (SME), it is essential to consider the benefits of…

In a bid to simplify the way in which taxpayers and agents use online services, the Government is rolling out…

Investing in Environmental, Social and Governance objectives (ESG) and sustainability is becoming more popular for business owners at every level.

We often help our clients with business planning strategies and techniques that reduce their tax liabilities and increase their profit…

For both limited companies and unincorporated businesses, managing Value Added Tax (VAT) can be a significant challenge, affecting a broad…

New rules are coming into effect on 4 March 2024 which could impact your business if you are registered in…

For owners of an Airbnb or other short-term let properties, new planning legislation is set to come in by Summer…

Retirement planning is a crucial aspect of your long-term wealth management and is essential if you want to be financially…

The Employment Allowance is a means for SMEs to reduce the tax burden of employing staff at critical points in…

The end of the financial year is coming. 5 April is crunch time for making businesses and individual estates as…

HMRC surprised all taxpayers who own a double cab pickup as a company vehicle on 12 February by announcing that…

Management Buyouts (MBOs) present unique opportunities for business growth and transition.

A dispute between Coca-Cola and HM Revenue & Customs (HMRC) has closed the loophole that previously defined double-cab pickups as…

With the Self-Assessment deadline passing on 31 January, it’s clear that many sole traders and business owners aren’t using allowable…

The UK economy is built on SMEs and innovative entrepreneurs.  

Managing payroll effectively is crucial, especially when it involves apprenticeship wages. Employers must adhere to government regulations to avoid potential…

Making Tax Digital (MTD) is designed to simplify the tax process for business owners.

Alternative routes to employment are in the National Apprenticeship Week spotlight this week. Do you think apprenticeships are right for…

The Chair of the Conservatives, Richard Holden, has said that there could be two more changes to UK tax law…

The 500T tax code in the UK is a temporary, non-cumulative code used by HMRC when they lack information.

Consistent financial reporting needs to be a core part of your financial strategy to ensure sustainable business growth.

Plans to significantly overhaul the current Research & Development (R&D) tax relief system were confirmed by the Government in November’s…

From April 2026, small and medium-sized businesses will be required to report and pay taxes on employee benefits like company…

As the deadline for paying any tax approaches, it is crucial you make your payments accurately and on time before…

Although it can have negative connotations, debt is inevitable for most businesses.

The next Income Tax Self-Assessment (ITSA) deadline is just around the corner, so make sure you start the year off…

Environmental consciousness is becoming more and more aligned with business operations, and electric vehicles (EVs) are becoming a popular choice…

If you’re concerned about how rising costs will impact your SME, you’re not alone.

If you employ one or more people for paid work, it’s essential that you have a properly managed payroll.

Working remotely has increased since the Covid pandemic, with 12.7 per cent of employees now working full-time from home in…

A significant development is on the horizon for the UK’s charitable sector with the slated 2024 launch of UK Grantmaking,…

The end of the year and the beginning of another is often seen as a time for reflection. In a…

Charities in the UK face unprecedented challenges according to the NCVO’s Chief Executive Sarah Vibert, who has launched a campaign…

In the realm of charitable fundraising, a significant shift is underway. According to Smee & Ford, there has been an…

As a business owner, you are probably aware of some of the expenses that you could claim back on in…

In the current climate of rising inflation rates, many savers are seeing significant returns on their savings and investments. However,…

The Bank of England’s decision to raise interest rates in the first half of 2023 might not have been well-received…

Recent developments in the Self-Assessment tax return criteria have brought significant changes that everyone who files an Income Tax Self-Assessment…

Similar to many sectors that value innovation and staying up to date, the landscape of tax compliance has seen a…

With the rapid growth of the cryptocurrency and crypto asset sector, traditional tax reporting and enforcement have been struggling to…

Understanding and managing Value Added Tax (VAT) is crucial for businesses that operate internationally – increasingly common in today’s business…

These are critical questions for business owners and individuals with high-value assets to understand to maximise tax reliefs and avoid…

HM Revenue & Customs (HMRC) have been awarded new powers by the Government in a bid to cut off a…

Recent changes in National Insurance Contributions (NICs) have significant implications for self-employed individuals. Any self-employed person must understand what their…

Individual Savings Accounts (ISAs) are a popular method of personal financial planning, offering a tax-efficient way to save and invest…

Businesses must remain compliant with the requirements for reporting and paying VAT, especially with the regular quarterly for VAT under…

While the end of 2023 saw inflation slow down, experts have warned that the chances of a recession in the…

HM Revenue & Customs (HMRC) is now using new powers granted to them by the Government to target a key…

Now that we have entered 2024, our accounting team has been making their predictions and discussing how best to advise…

With the new year right around the corner, you’re bound to have big plans for your business. 

Hybrid vehicles are becoming an increasingly attractive option for businesses.  

To successfully grow your business, you need to not only know your current business position but also where you want…

Recent statistics reveal a significant increase in the amount of annual pension tax relief, exceeding £50 billion for the first…

HM Revenue & Customs (HMRC) has recently issued letters to restaurant and takeaway businesses across the country, emphasising the importance…

Inheritance Tax (IHT) can be a sensitive and uncertain topic when discussing with loved ones, but it is something that…

Investing in property can be a lucrative venture, but it’s essential to understand the implications of Capital Gains Tax (CGT)…

Accounting standards that impact businesses’ financial reporting are prone to the odd reshuffle every now and then, so it is…

As we approach the 31 January 2024 tax return deadline, it’s crucial for sole traders, to be well-prepared and aware…

Running a small business involves a lot more than juggling logistics. Knowing how to tackle and overcome challenges is an…

Between the 2020/21 and 2022/23 tax years, there was a 21 per cent rise in tax investigations into SMEs, highlighting…

For small businesses navigating the Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) initiative, tax returns can be complex.

With a General Election looming on the horizon, Jeremy Hunt rose to deliver his second Autumn Statement as Chancellor in…

When making the decision to become a freelancer, you have two options. You can either set up as a sole…

The current economic climate is less than favourable for small and medium-sized enterprises (SMEs).

His Majesty the King’s speech, at the state opening of Parliament, is a significant event for businesses and financial professionals…

Starting a freelance career marks a significant transition from traditional employment but it’s a decision that many are nervous to…

The Department for Business and Trade has recently released feedback on two major consultations concerning payroll and holiday entitlements. 

There are many financial and legal benefits to being married or in a civil partnership, but one of the most…

As a business grows, its accounting needs become more complex and time-consuming.

The recent Royal Assent of the Procurement Act marks a significant milestone in the evolution of public procurement.

When it comes to business decisions, taking an objective view is essential. But distinguishing your thoughts from the facts is…

In the unpredictable world of business, it’s not uncommon for companies to experience financial losses.  

When it comes to tax planning, timing is everything.

Most businesses are already using cloud accounting software to manage their finances. However, not all of them are taking full…

We are now only 100 days away from the Self-Assessment tax deadline on 31 January 2024.  

The term “double-entry bookkeeping” is often mentioned as a cornerstone for managing a business’s finances.

Capital Gains Tax (CGT) is one of those terms that often elicits a groan from private clients, but understanding its…

In the latest move in their Making Tax Digital (MTD) campaign, HM Revenue & Customs (HMRC) is removing paper VAT…

Among the long list of financial responsibilities that you must handle as a business owner is ensuring PAYE is made…

In today’s digital age, data protection has become a paramount concern for businesses of all sizes.

Management accounts are vital in keeping on top of your business’s performance. But what are they, and how do they…

Recent data from HM Revenue and Customs (HMRC) reveals a significant trend – an increasing number of UK taxpayers are…

As an owner of a small to medium-sized enterprise (SME), juggling numerous responsibilities comes with the territory. Overseeing operations and…

At the latest Conservative Party conference, it was confirmed that the National Living Wage will be officially rising to £11…

HM Revenue and Customs (HMRC) has always been at the forefront of embracing technological advancements to make tax-related processes more…

Your business could benefit from a new scheme being run by HM Revenue & Customs (HMRC).

HM Revenue and Customs (HMRC) recently reported a record-breaking increase in Corporation Tax receipts for the 2022/23 tax year.

A recently approved Bill proposing an extension to the auto-enrolment (AE) scheme will facilitate “earlier and increased savings” for millions…

In the dynamic world of business, financial foresight is not just a luxury; it’s an essential ingredient for success.

As we approach the end of September, businesses across the UK are gearing up to meet the inaugural deadline for…

Accounting doesn’t have to be a time-consuming and complicated task.

In order for your business to be both financially secure and successful, you need to ensure you choose the right…

The issue of unclaimed pensions is a growing concern, with numerous individuals unaware of the pensions that are rightfully theirs.…

When you’re running a small business, every penny counts, including those you can save through legitimate tax deductions.

In modern businesses, cloud accounting has now become the norm rather than the exception.

While Inheritance Tax (IHT) is a topic that many find uncomfortable to discuss, it is an unavoidable aspect of estate…

A Government scheme could help parents save up to £2,000 on their childcare costs through tax reliefs aimed at working…

Mixing personal and business finances is a common mistake that many entrepreneurs, freelancers, and small business owners make.

As a small business owner, you’ve likely heard the terms “cash flow” and “profits” used interchangeably. However, mixing these financial…

Forecasting is the act of looking at past and present financial data to predict future costs, expenses, and profits. Small…

HM Revenue & Customs (HMRC) recently announced that Inheritance Tax (IHT) receipts were up by £200 million between April to…

As a small business owner, you are probably familiar with the term ‘Self-Assessment’. While many entrepreneurs link Self-Assessment primarily with…

In today’s digital age, the way businesses manage their finances has seen a seismic shift, largely due to the introduction…

Directors might opt to either lend money to or borrow from their own company. This type of transaction is called…

For business owners, understanding depreciation is not just about accounting practices but also about handling their taxes efficiently.  

In December 2022, the plans for Making Tax Digital for Income Tax Self-Assessment changed again, as the Government announced that…

Knowing your charity’s obligations to HM Revenue & Customs (HMRC) is important, as you will have different requirements to standard…

Collections of Capital Gains Tax (CGT) reached a record £16.7 billion in the last tax year, a notable increase from…

Running a successful business in the UK is a challenging yet rewarding endeavour.  

Starting your own business can seem daunting, especially when it comes to finding funding. 

Tax disputes can be a significant drain on resources for any business, and with recent data suggesting that over 60…

Currently, if someone dies before the age of 75, their pension can be drawn out by beneficiaries’ tax-free, as it…

The Government has recently updated some elements of the Research and Development (R&D) tax relief application process.

HM Revenue & Customs (HMRC) has recently stated that they will pledge £5.5 million to organisations who are in the…

The financial landscape in the UK, as well as globally, is in a constant state of change.

With the summer holidays nearly here, small businesses, especially in the hospitality industry, face a distinct set of challenges.

There can be nothing more frustrating for business owners than waiting on payments from clients.

In the ever-changing business landscape that we see today, merely reacting to events as they occur is not enough.

Mergers and acquisitions (M&A) are often completed to gain market share, increase revenue, or expand business amongst many other things.

Whether you are the owner of a limited company or a sole trader, it is important to understand the expenses…

Exiting a business is a significant milestone for any entrepreneur or business owner.

As of February 2023, HM Revenue & Customs (HMRC) estimated that over two million people are unaware of the Marriage…

The Construction Industry Scheme (CIS) is a Government initiative that allows contractors in the construction industry to deduct money from…

As an owner or director, it may be possible for you to pay less tax on your income from your…

Navigating job expenses can seem daunting at first glance. There are a plethora of rules and regulations that can leave…

Are you a company director contemplating a loan from your own business? If yes, it’s crucial to understand the workings…

In the world of entrepreneurship and small businesses, technology continues to revolutionise the way we manage our operations.

HM Revenue & Customs (HMRC) recently announced that it plans to boost its use of Code of Practice 9 (COP9),…

Many businesses across the UK have been financially affected by the cost-of-living crisis and the rise in inflation and have…

The Government has recently announced an extension to the deadline for individuals to pay voluntary National Insurance contributions (NICs), in…

With the sale of new petrol and diesel cars set to cease in 2030 and rising fuel costs, the demand…

HM Revenue & Customs (HMRC) have recently confirmed that businesses that owe less than VAT £20,000 can now set up…

Several significant changes were announced by the Government in the 2023 Spring Budget regarding the annual allowance and the lifetime…

A range of car financing options are available for individual buyers and businesses alike.

Recent changes HM Revenue & Customs (HMRC) made to the rate of Corporation Tax mainly affected larger businesses in the…

HM Revenue & Customs (HMRC) has revealed plans to increase an individual’s income threshold before being required to submit a…

While all businesses are free to manage their payroll in-house, there are many benefits to outsourcing this to an expert…

Understanding the financial health of a business is integral to its success, regardless of the industry or the size of…

Setting up a new business is not merely about innovative ideas or immense passion. It also demands careful planning and…

The UK Government has long encouraged businesses to invest in R&D projects, believing it to be at the forefront of…

The Government is looking to introduce the Renters Reform Bill, which if made law, will be the biggest shake-up to…

Running a start-up can take its toll, with the inevitable early struggle of managing and overseeing every role within the…

The allure of a seasonal business is strong for many entrepreneurs.

As interest rates in the UK rise, small and medium-sized enterprises (SMEs) will undoubtedly feel the pinch.  

If you’re feeling unsure about your Income Tax obligations, it’s important to understand what you are required to pay, how…

Most businesses in the UK will need to submit VAT returns and payments every three months, with strict deadlines for…

HM Revenue & Customs (HMRC) has removed the default surcharge for late payments of VAT and replaced it with what…

Corporation Tax is a critical element that start-ups need to be aware of when starting their new venture.

The actions of organisations and their impact on their community are scrutinised heavily.  A business can often see its reputation…

The UK has long been a hub for budding entrepreneurs and start-ups, with innovative ideas and new businesses emerging every…

Starting a business is an exciting venture for aspiring entrepreneurs, and it is important that you become well-versed in all…

New start-up businesses in the UK are as abundant as ever, but issues within society, climate change, and the cost…

Do not be stung when rewarding employees. Avoid penalties on employee benefits by correctly submitting P11D forms.

If your business engages off-payroll workers, it’s essential to be familiar with IR35 and its potential impact on your operations.

Reviewing and maintaining your cash flow is essential for business growth.

As a small business owner, you will be in charge of many things and must juggle many responsibilities.

We are currently in the transition period for the basis period reform, which is set to come into full effect…

When it comes to creating a new brand, considering your finances is a vital part of the planning stage as…

If you run a business in a tourist hotspot, you need to get prepared for the summer.

Being a director of a limited company means having the ability to pay yourself in a different manner to being…

With the tax 2022/23 tax year soon coming to an end, you need to be prepared to provide your employees…

Managing finances can be a complex and time-consuming task, especially for business owners and professionals.

Getting the tax year off to a good start will help you to optimise your overall financial position. But you…

Capital allowances are a form of tax relief for businesses. They allow you to subtract some or all of the…

The pandemic and lockdowns would have had many businesses considering the future and what may happen if they become ill…

During the 2023 Spring Budget, the Chancellor announced changes to pensions, which may alter the way you save for retirement.

A roof replacement company has been hit with a £2.5 million tax bill after a ruling that the insulated roof…

As the end of the financial year approaches, businesses across the UK are preparing to navigate the intricacies of payroll…

Artificial Intelligence (AI) is becoming increasingly advanced so, as a business owner, you need to get on board or you…

Just a few days short of the third anniversary of the first Covid lockdown, Chancellor Jeremy Hunt rose to the…

Many businesses find that they have gone as far as they can in the domestic market and are looking for…

Digital fraud, also known as cyber fraud or online fraud, refers to any type of fraudulent activity that takes place…

You will now have more time to make any voluntary National Insurance (NI) contributions, as the deadline has been extended.…