HM Revenue & Customs (HMRC) has recently announced new Advisory Fuel Rates (AFRs) that will take effect from 1 June 2024. These changes include a… Read More »New advisory fuel rates for electric company cars
We often find that clients begin to show signs of stress when the Self-Assessment tax return deadline approaches. This is just one of the reasons… Read More »Three great reasons to file your tax return early
The Government continues to freeze both the personal allowance and the higher-rate income tax thresholds – leading to an increase in the number of higher-rate… Read More »The rise of the higher rate taxpayer
Child benefit supports parents or guardians of children under 16, or under 20 if in approved education, by contributing towards the costs of raising them.… Read More »High-income earners need to re-register for child benefit
With the 6 July deadline nearing, it is essential to understand the updated reporting requirements for Class 1 National Insurance Contributions (NICs) on benefits in… Read More »P11D – Remember to report before the July deadline!
In its latest research into the UK’s SME economy, NatWest Group has identified an encouraging trend among the country’s independent operators, as SME growth continues… Read More »SME recovery continues as sustainability and growth take centre stage
If you are a Self-Assessment taxpayer, it is almost time to make your second ‘payment on account’ – advance payments towards your tax bill. Those… Read More »Preparing for the second payment on account – and what happens when you can’t pay?
The Department of Business & Trade (DBT) has released the finalised draft of the Code of Practice on Fair & Transparent Distribution of Tips –… Read More »Gratuities and tips – What the delay to the Employment (Allocation of Tips) Act 2023 means for you
There is an inherent degree of risk in any business growth strategy – but keeping this risk to a minimum can help you grow your… Read More »Five steps to growing your business, safely
A survey by the Bank of England (BoE) and the Department of Business and Trade has identified a potentially significant challenge facing SMEs on their… Read More »Are barriers to investment harming your productivity?
