What do you need to know about Income Tax?
If you’re feeling unsure about your Income Tax obligations, it’s important to understand what you are required to pay, how you pay it and what to do if you haven’t paid enough or have paid too much.
Quarterly VAT return and payment deadline approaching
Most businesses in the UK will need to submit VAT returns and payments every three months, with strict deadlines for these submissions set in place by HM Revenue & Customs (HMRC).
VAT penalties for late filing or payments – be aware of the changes
HM Revenue & Customs (HMRC) has removed the default surcharge for late payments of VAT and replaced it with what is a new penalty charge. The way interest is charged has also been amended.
UK Corporation Tax for start-ups: what you need to know
Corporation Tax is a critical element that start-ups need to be aware of when starting their new venture.
Social value strategies and the benefits for your business
The actions of organisations and their impact on their community are scrutinised heavily. A business can often see its reputation rise or fall depending on the views of the outside world, so it is important that businesses have solid social value strategies in place.
Changes to the Seed Enterprise Investment Scheme (SEIS)
The UK has long been a hub for budding entrepreneurs and start-ups, with innovative ideas and new businesses emerging every day.
Taxes you should know before starting a business
Starting a business is an exciting venture for aspiring entrepreneurs, and it is important that you become well-versed in all things tax.
Better Business Day and what it means for start-ups and SMEs
New start-up businesses in the UK are as abundant as ever, but issues within society, climate change, and the cost of living have proven tricky obstacles to navigate.
Employee expenses and benefits: How to submit a P11D form
Do not be stung when rewarding employees. Avoid penalties on employee benefits by correctly submitting P11D forms.
Understanding IR35 and its implications for employers
If your business engages off-payroll workers, it’s essential to be familiar with IR35 and its potential impact on your operations.