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The government has set out the next stages for a number of new Workers' Rights Acts to support UK workers. In a recent press release

1 January 2024 – Due date for Corporation Tax due for the year ended 31 March 2023. 19 January 2024 – PAYE and NIC deductions

The Help to Save scheme is intended to help those on low incomes to boost their savings. Eligible users of the scheme can save between

There are special rules for the provision of living accommodation for employees. In most cases, employees will pay tax on any living accommodation provided by

If you are having trouble paying your tax on time you may be eligible to receive support from HMRC by applying for an instalment payment

HMRC’s free tax app is available to download from the App Store for iOS and from the Google Play Store for Android. The latest version

HM Revenue & Customs (HMRC have one clear objective, to recover past government expenditure and then recycle the cash collected to repay government borrowing and

HMRC have announced that they will be focussing the use of its Self-Assessment helpline on priority queries from 11 December 2023 to 31 January 2024.

From time to time, we may spot issues when preparing accounts or tax returns that indicate problems that we subsequently help you solve. But the

Call queues are becoming a unwelcome feature of communicating with HMRC. In a recent post on the GOV.UK newsfeed a new strategy is emerging. As

The Economic Crime and Corporate Transparency Bill (ECCT) achieved royal assent recently, and as we have reported previously, this will have an impact on the

In a potentially welcome announced for the hospitality industry in England and Wales, the government has set out plans to extend licensing hours for the

Pensioners across the country have started to receive up to £600 to help with energy bills this winter. Winter Fuel Payments – boosted again this

1 December 2023 – Due date for Corporation Tax payable for the year ended 28 February 2023. 19 December 2023 – PAYE and NIC deductions

The second review of the State Pension age has been published by the Department for Work and Pensions. The State Pension age is currently 66.

Student Loans are part of the government's financial support package for students in higher education in the UK. They are available to help students meet

The marriage allowance applies to married couples and those in a civil partnership where a spouse or civil partner does not pay tax or pay

If you have taxable income of less than £17,570 in 2023-24 tax year you will have no tax to pay on interest received. This figure

Unsurprisingly, there were no changes to the rates and allowances for Income Tax purposes, VAT, Corporation Tax, Inheritance Tax and Capital Gains Tax. NIC charges

You can check your National Insurance record online at GOV.UK to see: what you have paid, up to the start of the current tax year

The Chancellor of the Exchequer, Jeremy Hunt, has delivered his Autumn Statement to the House of Commons. The government continues to be faced with challenging

On the 22nd November, the Chancellor delivers his Autumn Statement 2023. Presumably, we should expect some give-aways as 2024 is an election year, although the

British businesses could save up to £1 billion a year as the Government confirms plans to remove unnecessary and outdated bureaucracy following our exit from

The second cost of living support payment of £300 is currently being processed. Most individuals receiving Department for Works & Pensions benefits will receive their

An unlikely organisation is promoting a way for its members to benefit from a claim for the Marriage Tax Allowance. For relevant couples, this can

Whether we like it or not, the countdown to Christmas has officially started. And that means you may be thinking about treating your staff with

Low-income earners are being encouraged to sign up to Help to Save to boost their savings by 50 per cent with government support. Existing customers

1 November 2023 – Due date for Corporation Tax due for the year ended 31 January 2023. 19 November 2023 – PAYE and NIC deductions

The basis of assessment reforms will change the way trading income is allocated to tax years. The changes will affect sole traders and partnerships that

Employers usually have to pay employees through PAYE if they earn £123 or more a week (£533 a month or £6,396 a year). There is

There is a permanent easement in place for employers to report PAYE information in real time over the Christmas period. This can be for a

HMRC has published revised guidance concerning the charging of company cars and vans at residential properties. HMRC had previously maintained that the reimbursement of costs

In the ever-changing economic landscape, business owners are constantly faced with challenges that can impact the financial health of their enterprises. During such trying times,

Navigating the challenges of a high-interest rate environment can be tough for businesses, but it's not impossible. While rising interest rates can pose hurdles to

HM Revenue and Customs (HMRC) has revamped its VAT registration process, prioritising digital applications for businesses and agents. Starting from November 13, this change aims

The Government has withdrawn draft regulations for company reporting after consultation with businesses raised concerns about imposing additional requirements. Instead, the Government will pursue options

If you have ever stopped to ask yourself, why does the tax year start on April 6, you are definitely not alone. The idea that

When a bank hits the headlines, it isn’t usually for good reasons. Such is the case for Metro Bank which has found itself the talk

Tougher measures to address late payments to small businesses have been announced by the Government. In 2022, SMEs were owed, on average, an estimated £22,000

Two million people will receive a pay rise next year when the National Living Wage increases to at least £11 an hour. It means the

Hundreds of thousands of young adults have an average of £2,000 sitting unclaimed in Child Trust Funds. The long-term, tax-free savings accounts were set up

A raft of money changes comes into play this month which could affect your finances, and as we are approaching the winter season – dark

1 October 2023 – Due date for Corporation Tax due for the year ended 31 December 2022. 19 October 2023 – PAYE and NIC deductions

The Economic Crime and Corporate Transparency Bill has completed its initial journey through the House of Commons and the House of Lords and is now

HMRC offers an online service to check your National Insurance Contributions (NIC) record online. In order to use the service, you will need to have

There is a benefit-in-kind (BiK) trivial exemption that applies to small non-cash benefits like a bottle of wine, or a bouquet of flowers given occasionally

The Chancellor, Jeremy Hunt, has announced that he will deliver his Autumn Statement to the House of Commons on Wednesday, 22 November 2023. This move

The UK paid a whopping £788.8 billion in taxes in 2022 to 2023, an increase of 10.2 per cent from the year before. As well