When Rachel Reeves announced a temporary reduction of VAT from 20 per cent to five per cent for family attractions and children’s dining over the school summer holidays, the response from the hospitality and leisure sectors was generally warm.
Read More »Great British Summer Savings Scheme: What the headlines miss
With summer coming soon, many people are looking for ways to earn some extra cash.
Despite becoming mandatory for sole traders, landlords and self-employed individuals with qualifying incomes over £50,000 from 6 April 2026, 65 per cent have still not registered for Making Tax Digital (MTD) for Income Tax.
It is a very strange time for UK businesses at the moment, as the economic forces at play seem to be entirely unpredictable.
Read More »The economy is doing better than expected – How will your business be affected?
There are two things that are certain in this life: death and taxes. So why is it that you hear different tax advice from influencers, accountants and your mates down the pub? That would be because some people give tax advice when they are not actual experts.
Read More »Who can I trust for tax advice? Tax advisers and their new guidelines
Recession is one of those words that tends to stop business owners in their tracks and right now, it is being mentioned more and more in the press and conversations with clients.
Read More »Is the UK heading for a recession and what does it mean for your business?
A new headline finding from YouGov this month has found that 47 per cent of Britons would support a tax on work done by AI – with only 20 per cent opposed to such a tax.
Read More »An AI tax in the UK: Revenue raiser or competition risk?
HMRC has obtained new data from PensionBee and it has revealed a worrying trend about self-employed workers’ tax returns.
Read More »Why are lower-paid self-employed workers twice as likely to file late taxes?
If you provided any taxable benefits to employees or directors during the 2025/26 tax year, such as company cars, private medical insurance, beneficial loans, gym memberships, or living accommodation, the P11D deadline should be in your sights.
Read More »P11D Deadline 2026: What employers need to do now
The Annual Tax on Enveloped Dwellings (ATED) is one of those compliance obligations that can catch property owners off guard.
Read More »Annual Tax on Enveloped Dwellings (ATED): Do you know if you need to file?
