HMRC sets its sights on side hustlers again
More than £55 billion worth of side hustle sales data is to be handed to HMRC by platforms, as the tax authority ramps up compliance on small online traders and service providers.
More than £55 billion worth of side hustle sales data is to be handed to HMRC by platforms, as the tax authority ramps up compliance on small online traders and service providers.
The deadline for Making Tax Digital (MTD) for Income Tax is now less than three weeks away, yet the majority of affected taxpayers have still not registered.
Read More »Why are taxpayers still ignoring the Making Tax Digital for Income Tax deadline?
Fresh off a wave of regulatory changes designed to improve transparency and efficiency with filings, business owners are having to take stock of new administrative responsibilities.
When a business sells an asset such as property, land or equipment, the resulting gain can trigger a Capital Gains Tax (CGT) liability.
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If your business offers employees perks such as company cars or private health insurance, you need to be aware of the upcoming changes to how these are taxed and reported.
Read More »Voluntary payrolling of Benefits in Kind: How can your business prepare?
On the surface, it might seem odd that there would be an entire week dedicated to tax awareness when so many people seem to live in constant dread, knowing their obligations loom overhead.
Read More »Tax awareness week is a good time to learn which obligations are changing
Many businesses felt as though they had been entirely overlooked by the Autumn Budget, as costs were set to rise without much support.
Read More »How will the say-nothing Spring Statement shape the future of businesses?
With the rising employment costs and business rates set to put further pressure on small businesses, it can be hard to see a way forward.
Read More »Support is here for small businesses: Small Employers’ Relief increases to 9 per cent
With so many changes hitting businesses in April, it is difficult to keep track of them all.
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As Making Tax Digital for Income Tax edges ever closer for many sole traders and landlords.
Read More »MTD is getting closer, but awareness still is not translating into action