12/09/2024 More...

Self-assessment taxpayers are usually required to pay their Income Tax liabilities in three instalme...

12/09/2024 More...

In a recent press release, HMRC addressed some common misconceptions about who needs to file a self-...

12/09/2024 More...

The mandatory rollout of Making Tax Digital for Income Tax (MTD for ITSA) is scheduled to begin in A...

12/09/2024 More...

There are special rules to observe when employing an apprentice in the UK. Basically, an apprentice ...

12/09/2024 More...

There is a basic principle that dividends or other distributions must not be paid out of capital eve...

12/09/2024 More...

The higher rates of Stamp Duty Land Tax (SDLT) were introduced on 1 April 2016 and apply to purchase...

09/09/2024 More...

Overtrading occurs when a business expands its operations at a pace that exceeds its available worki...

09/09/2024 More...

Asking your accountant for advice offers a range of benefits, particularly in guiding both business ...

06/09/2024 More...

1 October 2024 - Due date for Corporation Tax due for the year ended 31 December 2023. 19 October 2...

05/09/2024 More...

There are late filing penalties which are designed to encourage companies to file their accounts and...

05/09/2024 More...

The deadline for submitting paper self-assessment tax returns for the 2023-24 tax year is 31 October...

05/09/2024 More...

When a new employee is added to the payroll it is the employers' responsibility to ensure they meet ...

05/09/2024 More...

Most self-employed people are required to pay Class 4 National Insurance contributions (NICs) if the...

05/09/2024 More...

If you turned 18 on or after 1 September 2020, there may be cash waiting for you in a dormant Child ...

05/09/2024 More...

Business Asset Disposal Relief (BADR) applies to the sale of a business, shares in a trading company...

03/09/2024 More...

The UK's new National Wealth Fund (NWF) represents a significant shift in the government's approach ...

03/09/2024 More...

A 1% reduction in the Bank Rate would reduce the UK government's annual interest charges on the nati...

29/08/2024 More...

There is an online tool available on GOV.UK that allows taxpayers to check if they need to advise HM...

29/08/2024 More...

Employees who are working from home may be eligible to claim a tax deduction on certain work-related...

29/08/2024 More...

Pension Credits can provide extra income to those over State Pension age and on a low income. The cr...

29/08/2024 More...

There are a significant number of reliefs available to businesses that suffer losses. Certain losses...

29/08/2024 More...

There is no requirement for employers to pay tax and National Insurance on certain health benefits c...

29/08/2024 More...

Gift Hold-Over Relief is a tax relief that defers the payment of Capital Gains Tax (CGT). It can be ...

27/08/2024 More...

In the UK, certain business sectors are required to register with a regulatory body, such as HM Reve...

 

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