As a professional in the world of business ownership, navigating the intricate realm of taxes is crucial. Maximizing profits and...

Class 2 refunds. HMRC has issued a warning for anyone who paid voluntary Class 2 NI contributions through their 2022/23 self-assessment...

n February 2024 important amendments to the Making Tax Digital for Income Tax Self-Assessment (MTD ITSA) rules became law. How will the chan

The next dividend from your company isn’t due to be paid for another few months. However, arranging for it to be paid earlier, or taking...

Creating a home office tax efficiently You want to erect a cabin in your garden to use as a home office. You and your family will also...

A director wants to give free use of a property, the freehold of which his company owns, to a registered charity. He wants to know if his

Small businesses are owed on average £6,142 mostly by firms not paying for goods and services on time.

HMRC has the power to charge employers a penalty if they fail to notify them of changes that alter their tax position.

It is true that with everything in life, that if you do not pay careful attention, it will get the better of you.

HMRC is delaying the payment of self-assessment tax refunds and threatening to remove individuals from the self-assessment regime if...

HMRC has released the latest information regarding Allowances and Tax Rebates. Making the most of these allowances can give your finances...

𝐓𝐡𝐞 𝟑𝐫𝐝 𝐠𝐫𝐚𝐧𝐭 𝐢𝐬 𝐧𝐨𝐰 𝐨𝐩𝐞𝐧 𝐛𝐮𝐭 𝐡𝐚𝐬 𝐬𝐭𝐫𝐢𝐜𝐭𝐞𝐫 𝐜𝐫𝐢𝐭𝐞𝐫𝐢𝐚 You can get as much as £7,500. This is made...

𝗘𝗺𝗽𝗹𝗼𝘆𝗺𝗲𝗻𝘁 𝗮𝗹𝗹𝗼𝘄𝗮𝗻𝗰𝗲 𝘁𝗿𝗼𝘂𝗯𝗹𝗲 𝗜𝘀 𝘁𝗿𝗼𝘂𝗯𝗹𝗲 𝗹𝘂𝗿𝗸𝗶𝗻𝗴 𝗶𝗻 𝘆𝗼𝘂𝗿 𝗦𝗘𝗜𝗦𝗦 𝗰𝗹𝗮𝗶𝗺? HMRC has...

Coronavirus Self-Employed & Small Limited Company Help At the end of November 2020, HMRC published guidance on who qualifies for the...

𝗖𝗵𝗲𝗰𝗸 𝘆𝗼𝘂𝗿 𝗶𝗻𝗯𝗼𝘅 𝘁𝗼 𝗮𝘃𝗼𝗶𝗱 𝗮 𝗽𝗲𝗻𝗮𝗹𝘁𝘆 HMRC is contacting businesses that claimed a grant under the...

The Coronavirus Job Retention Scheme has now been extended for a month. What are the terms of the extension and where does this leave the...

You must provide new employees and workers with a written statement of employment particulars. This needs to be no later than day one of...