Latest Blog Posts

In a recent press release, HMRC underlined the benefits to smaller businesses from the increase in the VAT registration threshold and the business rates freeze.

Most readers of our posts will recognise the acronym CGT or IHT -Capital Gains Tax or Inheritance Tax. And the myriad of other taxes that

1 April 2024 – Due date for corporation tax due for the year ended 30 June 2023. 19 April 2024 – PAYE and NIC deductions

There is still time to register for the marriage allowance before the current tax year ends on 5 April 2024. The marriage allowance applies to

There is an online service available on HMRC to check your National Insurance Contributions (NIC) record online. The service is available at https://www.gov.uk/check-national-insurance-record In order

HMRC has been forced into an embarrassing climbdown on plans to close the Self-Assessment, VAT and PAYE helplines from early April until September this year.

If you read our post of last week, Property Tax Changes, you will be aware that the Chancellor recently confirmed – as part of his

Hopefully, this post will be of help to individuals that find themselves in debt and are struggling to keep up with repayments. It’s interesting to

The recent Spring Budget did little to make the life of those letting, buying or selling property any easier. For example: The reduction in the

It’s interesting to consider the challenges that are plaguing small businesses at present. For example: A frustrating inability to reestablish profit levels to fund investment

One of the more impactful changes in the recent budget was the easing of the High Income Child Benefit Charge. Up to 5 April 2024,

HM Revenue and Customs (HMRC) issued a press release recently reminding working families to save money on their childcare costs in time for the school

As we have mentioned in previous posts, Companies House have been tasked with introducing a number of changes introduced by the Economic Crime and Corporate

We all knew that the Chancellor would have restricted options when considering the contents of his recent spring budget announcement on 6 March. But it

1 March 2024 – Due date for Corporation Tax due for the year ended 31 May 2023. 2 March 2024 – Self-Assessment tax for 2022-23

The coding out threshold may entitle you to have tax underpayments collected via your tax code when you are in employment or in receipt of

There are rules that businesses must follow when they are reporting employee changes. These changes must be sent to HMRC using a Full Payment Submission

The VAT Flat Rate scheme is open to VAT registered businesses that expect their taxable turnover in the next 12 months to be no more

HMRC continues to warn of the ever-present problem of fraudulent phishing emails, suspicious phone calls and texts. These unwanted emails, phone calls and texts are

As expected, the Chancellor has found wriggle room in his fiscal rules that have allowed him to please his fellow Conservatives by reducing the impact

Government has announced a new package of measures to help families save on energy costs and access cheaper deals as figures published recently show energy

According to HMRC, couples who are married or in civil partnerships could be due a financial boost by sharing unused tax allowances. HMRC has revealed

This update is only with reference to DCPUs with a payload of one tonne or more. DCPUs with a payload of less than one tonne

Skills Bootcamps help you develop new skills that employers are looking for. They are a great opportunity to train in a new industry or progress

We have just passed the filing deadline for the 2022-23 tax year, and any 2022-23 returns filed after 31 January 2024 will be subject to

In a previous blog post we outlined the importance of reviewing your income before the end of the current tax year. The message was a

More than 38,000 pubs will benefit from the six-month freeze on alcohol duty from 1 February 2024. According to HM Treasury: The great British pub

As you are probably aware the 2023-24 tax year ends on 5 April 2024. After this date, most of the opportunities to arrange your tax

Reforms to simplify and streamline lasting powers of attorney are given Royal Assent. These legal agreements enable a person to grant decision making powers about

You can claim State Pension abroad if you have paid enough UK National Insurance contributions to qualify. To make a claim you must be within

1 February 2024 – Due date for Corporation Tax payable for the year ended 30 April 2023. 19 February 2024 – PAYE and NIC deductions

There are a number of reasons why you might need to complete a self-assessment return. This includes if you are self-employed, a company director, have

It is not that long until the current 2023-24 tax year comes to an end and there are a number of year end payroll chores

If you have reached the State Pension age and continue to work, in most cases, you no longer need to pay National Insurance Contributions (NICs).

The Chancellor of the Exchequer, Jeremy Hunt has confirmed that the next UK Budget will take place on Wednesday, 6 March 2024. This will be

Businesses are set to benefit from savings as import labels are made digital for the first time. New legislation to introduce digital labelling for British

Looks like Companies House is morphing from passive registrar into a monitoring agency for the government. Changes that are likely to impact the business community

The Department for Business and Trade (DTI) has launched the Critical Imports and Supply Chains Strategy to safeguard the UK supplies of critical goods such

None of us has been exempt from the effects of inflation and cost of living issues in the past year. Which is why taxpayers who

With use of crypto assets growing, HM Revenue and Customs (HMRC) is urging people to avoid potential penalties and check if they need to complete

Since the recent ITV airing of the Post Office sub-postmasters confrontation with the Horizon accounting software, a flurry of support for the affected individuals have

The Valuation Office Agency (VOA) is warning business owners to avoid taking advice from agents who approach them to reduce their business rates bills. According

Many of us use online trading platforms to sell unwanted goods or perhaps offer space in our home for rental. If you are creating income

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