The Bank’s latest rate cut is here, what now for your business?
The Bank of England (BOE) has cut the base interest rate to 4.25 per cent, down from 4.5 per cent.
Read More »The Bank’s latest rate cut is here, what now for your business?
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Charlie Flockhart
Company car VAT – Avoiding mistakes when applying the fuel scale charge
From 1 May 2025, HM Revenue & Customs (HMRC) reduced its road fuel scale charges, reflecting a drop in fuel prices.
Read More »Company car VAT – Avoiding mistakes when applying the fuel scale charge
Mandatory payrolling delayed to 2027 – Time to prepare, not to forget
The Government has confirmed that the mandatory payrolling of benefits in kind (BIK) and taxable employment expenses will now be introduced from April 2027, a year later than initially planned.
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How to maximise tax relief on losses to offset higher employment costs
The recent rise in employers’ National Insurance Contributions (NICs) to 15 per cent will lead to a 60 per cent increase in NIC costs for… Read More »How to maximise tax relief on losses to offset higher employment costs
How HMRC treats cryptoassets disposed of by businesses
Cryptoassets make up a growing portion of the market, and businesses are increasingly looking to take advantage of these digital currencies. If your business carries… Read More »How HMRC treats cryptoassets disposed of by businesses
HMRC is closing its free Company Tax Return service
HM Revenue & Customs (HMRC) will permanently close its free service for submitting Company Tax Returns and annual accounts on 31 March 2026. Built over… Read More »HMRC is closing its free Company Tax Return service
Joint owners of Furnished Holiday Lets prepare for increased taxes
With the abolishment of the specific tax considerations for Furnished Holiday Lets (FHL) from the beginning of the current tax year, owners need to prepare… Read More »Joint owners of Furnished Holiday Lets prepare for increased taxes
Beware tax avoidance scheme promoters – HMRC cracks down with new powers
Recent Government estimates suggest that as much as £1.8 billion is lost every year due to tax avoidance schemes. That money, designated to fund schools,… Read More »Beware tax avoidance scheme promoters – HMRC cracks down with new powers
Is your remuneration strategy still tax-efficient in 2025/26?
Business owners who pay themselves through a combination of salary and dividends should revisit their remuneration strategy this tax year. With Income Tax thresholds frozen… Read More »Is your remuneration strategy still tax-efficient in 2025/26?
Capital allowances: Full Expensing vs AIA vs Writing-Down Allowances
Capital allowances allow businesses to claim tax relief on money invested in assets like machinery, equipment, or certain vehicles used commercially. There are a variety… Read More »Capital allowances: Full Expensing vs AIA vs Writing-Down Allowances
