A guide to VAT for businesses: What you need to know
Running a business provides plenty of challenges, including knowing your tax obligations and when you need to file your tax returns.
What Sole Traders need to know about tax
If you are about to start your business or are currently running a small business, it is important that you understand your tax obligations and when you need to pay them.
Should businesses prepare for AI to inspect their finances?
AI is rapidly becoming a part of every aspect of life and business and you may have been implementing your own AI services to make life easier.
Understanding your Corporation Tax obligations
If you manage or run an incorporated business such as a limited company, you are required to register for Corporation Tax which means you need to know your obligations and ensure you are paying your bill on time.
Inflation stays at 3.8 per cent: Is this good or bad for businesses?
For the second consecutive month, inflation in the UK has stayed at 3.8 per cent which effectively means general costs have stayed at the same price.
Fewer workers but higher wages – Is this what the UK job market looks like now?
There’s plenty of pessimism about the UK jobs market at the moment, but not every change is a bad omen.
The Chancellor confirms the Government will review the Small Business Rates Relief
A recently released report from HM Treasury has confirmed that the Chancellor Rachel Reeves is reviewing the Small Business Rates Relief (SBRR), as she attempts to kick-start the economy and give businesses a platform to expand and grow.
HMRC confirms new measures for PAYE pension tax relief claims
The way pay-as-you-earn (PAYE) taxpayers can make a pension tax relief claim has changed with HM Revenue and Customs (HMRC) confirming all claims must be made online or by letter and include supporting evidence.
Beware the scourge of social media tax influencers – How to keep your business safe from bad tax advice
Given the major changes to Companies House, Making Tax Digital (MTD), and various other regulations in a short space of time, it is no wonder that business owners can be feeling a bit confused about their current obligations.
£18 billion in savings withdrawn as pensioners prepare for Inheritance Tax changes
During the 2024 Autumn Budget, Chancellor Rachel Reeves announced that from 2027, unused pension pots will be taken into account when working out the total value of an individual’s estate.