Latest Blog Posts

State Pensions are expected to rise by 8.5 per cent in April 2024 in line with rocketing wage growth. The Triple Lock policy means the

Rules on hidden online fees, known as drip pricing, will be tightened to boost transparency for stretched families. The Government is proposing a crackdown on

One in five people have reduced their pension contributions or stopped saving for retirement altogether due to cost-of-living pressures. As household budgets continue to tighten,

Moving from job to job and starting a new pension each time can present a headache when the time arrives to think about retiring. Few

1 September 2023 – Due date for corporation tax due for the year ended 30 November 2022. 19 September 2023 – PAYE and NIC deductions

There are two types of National Insurance contributions (NICs) payable by most self-employed people. These are known as Class 2 NICs and Class 4 NICs.

You can usually claim tax relief for your private pension contributions. There is an annual allowance for tax relief on pensions of £60,000 for the

There are a number of online tools available to help find information about a property in England or Wales, even if you do not own

A Corporation Tax Group Payment Arrangement (GPA) is a special arrangement that allows groups of companies to make joint payments of Corporation Tax. This type

If you have a September deadline for filing your accounts, leaving it until the last minute risks being hit with a fine. All limited companies,

The steady march of Artificial Intelligence (AI) has reshaped the way we work, penetrating almost every aspect of modern business. This seismic shift to AI

Company insolvencies across England and Wales fell in July and are six per cent lower than the same month last year, official figures show. The

A change in a taxpayer’s circumstances could mean they need to complete their first ever self-assessment tax return. Tax is usually deducted automatically from wages

Small and medium-sized businesses can now access support to reduce energy bills and carbon emissions through a new advice site. The UK Business Climate Hub

Accountancy, like many other industries, has long struggled with a dire skills vacuum within the sector. The pool of qualified accountants continues to shrink, with

HMRC interest rates for late payments will increase again this month to their highest level since 2001. Late payment interest is payable on tax bills

The UK’s financial watchdog has warned it will crack down on lenders that fail to justify low savings rates. The Financial Conduct Authority (FCA) said

The pandemic triggered a seismic shift in working practices with remote and hybrid working become the norm at many UK businesses. Even when a return

Voluntary and community organisations will benefit from a £5.5m pot awarded by HM Revenue and Customs (HMRC) to support customers who may need extra help

1 August 2023 – Due date for corporation tax due for the year ended 31 October 2022. 19 August 2023 – PAYE and NIC deductions

It was announced as part of the Spring Budget 2023 measures that the government would establish twelve Investment Zones across the UK, subject to successful

Changes in the way alcohol is taxed will come into effect from 1 August 2023. The new system of calculating alcohol duty for all alcoholic

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

The Construction Industry Scheme (CIS) is a set of special tax and national insurance rules for those working in the construction industry. Businesses in the

The January Self Assessment deadline seems like a long way off, but you don’t have to wait until the last minute to file your return.

Strong doubts have been raised over the current Making Tax Digital (MTD) timetable. HMRC launched its flagship digitisation scheme in 2015-16, intending to move tax

The current high interest environment can pose expensive challenges for businesses using traditional financing methods. Bank loans still make sense for some companies; however, there

Earnings growth hit 7.3 per cent in the three months to May – the joint highest level on record. According to the Office for National

A one-stop information portal has been set up to help directors make crucial business decisions. The director information hub was launched by the Insolvency Service,

Drinkers face paying more for their glass of Chardonnay when a freeze on alcohol duty is lifted at the start of next month. From August

Motorists are being put in the driving seat to find the best fuel prices after a watchdog found many were being overcharged at the pumps.

As the outlook for the UK economy remains uncertain, UK business fears over potential insolvency appear to be easing. While government data shows insolvencies are

1 July 2023 – Due date for corporation tax due for the year ended 30 September 2022. 6 July 2023 – Complete and submit forms

In certain circumstances it can be beneficial to make voluntary National Insurance Contributions (NICs) to increase your entitlement to benefits, including the State or New

The Gift Aid scheme, which was originally introduced in 1990, allows charities to reclaim from HMRC the basic rate of Income Tax deducted from qualifying

Fraudsters often try to take advantage of the 31 July deadline for submitting tax credits renewal information. The fraudulent emails, texts or calls claim to

HMRC has confirmed that plans to extend the Help to Save scheme by 18 months, until April 2025 have been confirmed. The Help to Save

Support measures have been agreed for those struggling with, or anxious about, their mortgage repayments. A new mortgage charter was approved following a meeting of

The Education Secretary has claimed businesses are ‘driving with the handbrake on’ without the right skills. Gillian Keegan, who was speaking last week at the

More than 200 companies – including several household names – have been named and shamed for failing to pay minimum wage to members of staff.

AI – or to give it its full name, artificial intelligence – has been hitting the headlines in recent months, arousing concerns that bots are

As the world becomes increasingly interconnected, businesses are embracing the benefits of hiring talent from overseas. However, if you are considering appointing someone from another

Schemes offering people shares in their employer are set for a shake-up as the Government explores changes to help boost business growth. The Government wants

HMRC has issued an alert to tax credit customers to be on their guard against new tactics being used by unscrupulous fraudsters. The warning contains

Households using prepayment meters have been urged to claim bills support vouchers by the end of the month to avoid missing out. Electricity suppliers, charities

Low-income families will have more money in their pockets from the end of the month as part of the biggest ever expansion of childcare provision.

1 June 2023 – Due date for corporation tax due for the year ended 31 August 2022. 19 June 2023 – PAYE and NIC deductions

The transfer of a business as a going concern (TOGC) rules concern the VAT liability on the sale of a business. Normally the sale of