HMRC surprised all taxpayers who own a double cab pickup as a company vehicle on 12 February by announcing that these vehicles would be classified as cars and not vans, which would have led to higher National Insurance Contributions (NICs) for owners.Read More »HMRC U-turns on its double cab pickups tax decision
A dispute between Coca-Cola and HM Revenue & Customs (HMRC) has closed the loophole that previously defined double-cab pickups as vans and now means they will be classed as cars.
Read More »Loophole closed: Pickups are now classed as cars (NOT vans)
With the Self-Assessment deadline passing on 31 January, it’s clear that many sole traders and business owners aren’t using allowable expenses and deductions to their full potential.
Read More »Five Self-Assessment deductions you didn’t know you could claim
The UK economy is built on SMEs and innovative entrepreneurs. Read More »Starting a business: the complete checklist
Managing payroll effectively is crucial, especially when it involves apprenticeship wages. Employers must adhere to government regulations to avoid potential fines, penalties and disputes.
Read More »Understanding payroll responsibilities for apprentice wages
Making Tax Digital (MTD) is designed to simplify the tax process for business owners.
Alternative routes to employment are in the National Apprenticeship Week spotlight this week. Do you think apprenticeships are right for your business? Read More »Investing in skills – Why SMEs should embrace apprenticeships
The Chair of the Conservatives, Richard Holden, has said that there could be two more changes to UK tax law before the election – which is expected to be called in the latter part of this year.
Read More »Government to change tax law twice before election – How to prepare
Consistent financial reporting needs to be a core part of your financial strategy to ensure sustainable business growth.
Read More »Management accounts – Why SMEs should embrace regular reporting
From April 2026, small and medium-sized businesses will be required to report and pay taxes on employee benefits like company cars and accommodation directly through their payroll software.Read More »New payrolling of Benefits-in-Kind (BIK) system: A guide for SMEs
