Step by Step Guide: How to Pay VAT Online Easily and Avoid Late Payment Penalties

Creating a Budget for Your Business: Tips from an Expert

Get expert advice on how to craft the perfect budget for your business.

P11D – Are you ready to report and pay tax on Benefits in Kind?

Benefits in Kind (BIK) cover a number of different perks or additional payments made by employers to their employees. They can include any of the following...

Changes to the repayment of Student Loans begin in August

The way in which Student Loans are repaid is changing and employers need to be prepared. Currently, graduates and students who have taken out student loans are

Fiscal drag bites on earners

Changes to personal tax allowances and higher interest rates have seen a growing number of people being affected by fiscal drag. Fiscal drag is the phenomenon where

What is the Residence Nil-Band Rate? And why does it matter to you?

The Residence Nil Band Rate (RNRB) was introduced by the Government in 2017 and benefits families passing on their main property to a direct descendent.

Landlords are latest group targeted by HMRC ‘nudge’ letters

Residential landlords are the latest group to have been targeted in receiving ‘nudge’ letters from HM Revenue & Customs (HMRC). The letters are part of a targeted

683,000 higher rate taxpayers opt out of child benefit as thresholds remain frozen

The High Income Child Benefit Charge (HICBC) was introduced in 2013 and was set up to charge tax on individuals claiming child benefits who were earning a yearly

Striking the perfect balance: Director’s salary and dividends for 2023/24

As a business owner, determining the ideal salary for company directors can be tricky. Often, most directors will want to balance their salary and dividend payments to

Businesses must get to grips with a Government crackdown on fraud committed by employees

A new ‘failure to prevent fraud’ offence is being introduced by the Government to encourage businesses to do more to deter offending, which will ultimately protect the