Bank lending to UK businesses has dropped to the lowest level in 30 years

Companies House to scrap paper reminder letters

Companies House has announced that businesses will no longer receive reminder letters, as it seeks to end paper communications.

Company directors and shareholders: Your important action is needed…

We have written to all clients via email in relation to important new identity verification requirements for company directors, which Companies House will implement in

Company directors banned for Bounce Back Loan fraud

Two company directors have been banned for a total of 21 years after they fraudulently claimed £100,000 in bounce back loans.

Company Electric Car – HMRC introduces two separate rates

HM Revenue and Customs (HMRC) has announced its latest updates to the Advisory Electric Rate (AER) that will affect employees using a company car.

Company tax returns and accounts have gone digital

HMRC and Companies House have confirmed that from 1 April, all businesses must use compliant, commercial software to file their company’s tax returns.

Company tax returns must include COVID-19 grants says HMRC

Taxpayers are being reminded that COVID-19 support grants or payments should be declared on company tax returns as they are taxable. HM Revenue & Customs (HMRC) has is

Confusion on savings interest – HMRC weighs in

HM Revenue & Customs (HMRC) has clarified that if your earnings from interest exceed £10,000, tax may apply depending on the account type.

Constantly asked for pay rises? Here is what you need to know about pay in the UK

As an employer, you will likely face the delicate situation of employees asking for pay rises. With the cost-of-living crisis and rise in inflation, these requests

Consultations on future of Companies House could see filing deadlines slashed

A set of consultations on the future of Companies House published in December 2020, include proposals for mandatory digital filing, requirements to tag accountants