What do you need to know about Income Tax?
If you’re feeling unsure about your Income Tax obligations, it’s important to understand what you are required to pay, how you pay it and what to do if you haven’t paid enough or have paid too much.
Quarterly VAT return and payment deadline approaching
Most businesses in the UK will need to submit VAT returns and payments every three months, with strict deadlines for these submissions set in place by HM Revenue & Customs (HMRC).
Read More »Quarterly VAT return and payment deadline approaching
VAT penalties for late filing or payments – be aware of the changes
HM Revenue & Customs (HMRC) has removed the default surcharge for late payments of VAT and replaced it with what is a new penalty charge. The way interest is charged has also been amended.Read More »VAT penalties for late filing or payments – be aware of the changes
UK Corporation Tax for start-ups: what you need to know
Corporation Tax is a critical element that start-ups need to be aware of when starting their new venture.Read More »UK Corporation Tax for start-ups: what you need to know
Social value strategies and the benefits for your business
The actions of organisations and their impact on their community are scrutinised heavily. A business can often see its reputation rise or fall depending on the views of the outside world, so it is important that businesses have solid social value strategies in place.
Read More »Social value strategies and the benefits for your business
Changes to the Seed Enterprise Investment Scheme (SEIS)
The UK has long been a hub for budding entrepreneurs and start-ups, with innovative ideas and new businesses emerging every day.Read More »Changes to the Seed Enterprise Investment Scheme (SEIS)
Employee expenses and benefits: How to submit a P11D form
Do not be stung when rewarding employees. Avoid penalties on employee benefits by correctly submitting P11D forms.
Read More »Employee expenses and benefits: How to submit a P11D form
Understanding IR35 and its implications for employers
If your business engages off-payroll workers, it’s essential to be familiar with IR35 and its potential impact on your operations.
Read More »Understanding IR35 and its implications for employers
Tips and tricks for maintaining your cash flow
Reviewing and maintaining your cash flow is essential for business growth.
How can you prepare for the basis period reform?
We are currently in the transition period for the basis period reform, which is set to come into full effect from the 2024/25 tax year.
