Many businesses routinely offer financial support to their directors or employees in the form of loans.
Read More »Do you need to report that loan? The £10,000 rule and P11D implications
There are always going to be bad actors looking to scam reputable businesses out of money and data.
Read More »HMRC or a scam – can you trust the letters you receive?
With less than a year to go before Making Tax Digital for Income Tax (MTD for IT) becomes mandatory for sole traders and landlords earning over £50,000, it is important to start preparing.
Read More »The countdown to Making Tax Digital for Income Tax – Who is affected first?
When it comes to Statutory Sick Pay (SSP), most payroll teams are confident in calculating payments for a single period of absence.
Read More »Understanding linked periods of sickness and how they affect payroll
HM Revenue & Customs (HMRC) is writing to taxpayers who claimed Investors’ Relief on their 2023/24 Income Tax Self-Assessment returns but may not meet the strict eligibility criteria.
Read More »Investors’ Relief under pressure – Why HMRC is tightening its approach
This week is Mental Health Awareness Week, and an important opportunity to reflect on how we manage wellbeing in the workplace.
Read More »Are we underestimating the real impact of workplace pressure?
Most directors do not expect to face personal tax bills in the millions.
Read More »When silence costs millions – Ignoring HMRC is a risk you cannot afford
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?
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
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.
Read More »Mandatory payrolling delayed to 2027 – Time to prepare, not to forget
