Are rising tax arrears putting your business at risk?
Businesses in the UK are facing increasing financial strain, with new data from HM Revenue & Customs (HMRC) showing that tax arrears have hit £28 billion per month on average across the first quarter of 2025.
Do you need to report that loan? The £10,000 rule and P11D implications
Many businesses routinely offer financial support to their directors or employees in the form of loans.
HMRC or a scam – can you trust the letters you receive?
There are always going to be bad actors looking to scam reputable businesses out of money and data.
The countdown to Making Tax Digital for Income Tax – Who is affected first?
With less than a year to go before Making Tax Digital for Income Tax (MTD for IT) becomes mandatory for sole traders and landlords earning over £50,000, it is important to start preparing.
Understanding linked periods of sickness and how they affect payroll
When it comes to Statutory Sick Pay (SSP), most payroll teams are confident in calculating payments for a single period of absence.
Investors’ Relief under pressure – Why HMRC is tightening its approach
HM Revenue & Customs (HMRC) is writing to taxpayers who claimed Investors’ Relief on their 2023/24 Income Tax Self-Assessment returns but may not meet the strict eligibility criteria.
Are we underestimating the real impact of workplace pressure?
This week is Mental Health Awareness Week, and an important opportunity to reflect on how we manage wellbeing in the workplace.
When silence costs millions – Ignoring HMRC is a risk you cannot afford
Most directors do not expect to face personal tax bills in the millions.
The Bank’s latest rate cut is here, what now for your business?
The Bank of England (BOE) has cut the base interest rate to 4.25 per cent, down from 4.5 per cent.
Company car VAT – Avoiding mistakes when applying the fuel scale charge
From 1 May 2025, HM Revenue & Customs (HMRC) reduced its road fuel scale charges, reflecting a drop in fuel prices.