Businesses should be planning for the rise in Corporation Tax (CT), which comes into force from 1 April 2023, and sees the top rate of… Read More »Businesses must be prepared for imminent changes to Corporation Tax

Workers across the UK will get a pay rise from April as higher National Minimum Wage (NMW) rates are introduced. According to the Government, around… Read More »Employers brace for uplift to the National Minimum Wage

Company car drivers will see changes to the amount they can claim back for fuel costs from their employer from 1 March. HM Revenue &… Read More »Fuel rate boost for electric car drivers, but other advisory fuel rates cut

Your business may be sailing along quite nicely, or it may be struggling with the effects of shortages, rising prices and an energy crisis. In… Read More »Think about the support you need for your business

With the Spring Budget looming in March, it is easy to be tempted to delay tax planning until afterwards in hopes of favourable tax cuts.… Read More »Taxation planning should be an ongoing process, not just pre-Budget

With the end of the tax year fast approaching on 5 April, it makes sense to assess your tax situation and make use of the… Read More »How can you achieve taxation ‘quick wins’ before the end of the tax year

Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA) will now come into effect in April 2026 for businesses, self-employed individuals, and landlords with gross business and/or… Read More »MTD for ITSA is delayed. Should you still go ahead with cloud accounting?

Business plans provide goals to work towards, help identify potential problems, give insight into competitors, and highlight potential opportunities. A great business plan should include… Read More »What you should include in a business plan

Small business owners need to take measures to avoid costly mistakes when it comes to calculating, reporting and paying Value Added Tax (VAT). The best… Read More »Avoid these costly VAT mistakes