Understanding Payroll Numbers: Everything You Need to Know

How To Set Up Your Self-Assessment Details With HMRC

Want to Know how to set up your Self-assessment details with HMRC? Find out by using our comprehensive guide to ensure accurate tax returns and timely compliance.

How Much Can You Earn Before Paying Tax?

Understanding the income thresholds for taxation is essential to navigate the complexities of your financial obligations.

VAT receipts reach record level of £133 billion

Figures published by HM Revenue & Customs (HMRC) have revealed that VAT revenue in 2018/19 rose by £7 billion from the previous year to reach a record £133 billion.

New Advisory Fuel Rates

A new set of Advisory Fuel Rates came into effect from the beginning of December 2019, which apply to employees who use a company car. The rates can be used in...

HMRC launches revamped CEST IR35 off-payroll working tool

With less than three months remaining before the IR35 off-payroll working rules begin to apply in the private sector, HM Revenue & Customs (HMRC) has launched a...

More than 3,000 taxpayers complete self-assessment on Christmas Day

Instead of tucking into turkey or unwrapping their gifts, 3,003 taxpayers completed their self-assessment returns on 25 December 2019, according to HM Revenue & Custom

Annual R&D spend in the UK reaches £25 billion

According to the latest figures from the Office for National Statistics (ONS) businesses in the UK spent £25 billion on research and development (R&D) during 2018.

Keeping workplace gifts tax-free this Christmas

Over the Christmas period, you may wish to treat your employees. This is a tried and trusted approach to building a strong relationship with your team. But are you...

HMRC urges taxpayers to be vigilant ahead of self-assessment deadline

HM Revenue & Customs (HMRC) has urged taxpayers to be vigilant ahead of the self-assessment deadline on 31 January 2020, with a surge in fraudulent activity expected..