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Business News
Income tax basis periods – What unincorporated businesses need to know
6 Jan 2022
All unincorporated businesses, including sole traders, the self-employed and trading partnerships, will be taxed on profits generated in the 12 …
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Prepare now for the final stage of MTD for VAT
7 Dec 2021
The final stage of Making Tax Digital (MTD) for VAT is just a few short months away. From 1 April …
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Eight New Year’s resolutions that businesses should follow
7 Dec 2021
Every year many of us decide to set a New Year’s resolution. Perhaps it is losing weight, going vegetarian or …
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Homes price boom sparks a big rise in Inheritance Tax receipts – What can you do to save tax?
7 Dec 2021
Campaigners are angry over the fact that more and more people will be drawn into paying Inheritance Tax (IHT), after …
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PAYE Settlement Agreement can save time and costs
7 Dec 2021
For busy small businesses, a PAYE Settlement Agreement (PSA) offers a simpler alternative to pay your employees. It allows you to …
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Self-Assessment taxpayers warned over fraudsters trying to steal information
7 Dec 2021
Self-Assessment taxpayers have been warned to be on their guard against fraudsters trying to steal their information. Over the last …
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Should payments made by an employee for vehicle and uniform rental be treated as reductions when calculating the National Minimum Wage (NMW)?
7 Dec 2021
Well according to a recent Employment Appeals Tribunal (EAT), yes, they should. In this latest case, a taxi driver in …
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Simple steps you can take to cut business costs and maximise profits
8 Nov 2021
Cost-saving will be key for many businesses struggling to get back up to speed after the pandemic. Many small and …
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Is your business struggling with debt? Regain control today
8 Nov 2021
Many small and medium-sized enterprises (SMEs) were hit hardest at the beginning of the pandemic. They had access to support, …
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Top tips for filing your Self-Assessment tax return
8 Nov 2021
If you have to submit a Self-Assessment tax return to HM Revenue & Customs (HMRC), you only have a few …
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