Are you considering launching a seasonal business? If so, you are beginning an exciting journey that comes with its own set of unique challenges and opportunities.
Read More »Starting a seasonal business? Here is what you need to know
If you’re a high earner with between £100,000 and £150,000 in net adjusted income, you’ll soon receive a letter from HM Revenue & Customs (HMRC) regarding whether you need to continue submitting a Self-Assessment tax return.
Read More »Earning between £100,000 and £150,000? Your tax return is changing
The Department for Science, Innovation and Technology (DSIT) has recently introduced a vital initiative targeted at small and medium-sized enterprises (SMEs) in the Professional Business Services sector.
Read More »How SMEs can benefit from £6.4 million AI training fund
The start of the 2024/25 financial year saw the Capital Gains Tax (CGT) Annual Exempt Amount fall to a historic low of £3,000, down from £6,000 the previous year.
Read More »Concerned about Capital Gains Tax changes? Here’s what you need to know.
HM Revenue & Customs (HMRC) has issued a warning to businesses over fraudulent attempts to access VAT repayments via postal form VAT484.
Read More »Changing your VAT details? Remain vigilant over latest fraud activity
Scaling your start-up is a crucial decision for business owners, as it can directly impact the business’s long-term success.
If your business has a turnover of £90,000 or more and sells products or services subject to VAT, then you must register to pay it and file a return to HM Revenue & Customs (HMRC) – at least once every three months. Read More »The most common VAT filing mistakes – and why MTD is the solution!
Management Accounts consist of regularly updated reports for both internal managers and external stakeholders or investors.
Read More »How your business can benefit from using Management Accounts
In a recent statement, HM Revenue & Customs (HMRC) has clarified travel from an employee’s home to their base office under a hybrid working arrangement does not qualify for tax relief.
Read More »HMRC has clarified tax rules on commuting for hybrid and remote workers
If you choose to offer certain benefits to your employees, then you may incur additional Class 1 National Insurance (NI) liabilities which must be reported to HM Revenue & Customs (HMRC).
Read More »Ahead of the 6 July deadline, remember that P11D rules are changing
