Simple assessment letters sent to 560,000 taxpayers – What You Need to Know
HM Revenue & Customs (HMRC) is reaching out to around 560,000 individuals over the next few weeks regarding their tax obligations.
Managing the financial health of your business – How building insurance can help
Storms, heavy rain, and other severe weather conditions can cause major damage to your business premises, leading to costly repairs, loss of revenue, and in some cases, even financial ruin.
The benefits of AI for businesses
With the rapid adoption of Artificial Intelligence (AI) across various industries, businesses are increasingly integrating AI into their operations.
Paying tax on time – The importance of timely tax payments
It goes without saying that submitting tax payments promptly is a necessity for businesses, not only to remain compliant but also to avoid unnecessary fines and penalties.
Is Capital Gains Tax due to increase?
Recent Government data has revealed a drop in Capital Gains Tax (CGT) payments and the number of individuals paying it, a trend that might have important implications for the future.
Using directors’ loans to benefit your business
Directors’ loans are money you borrow from your company, distinct from salary, dividends, or reimbursed expenses.
Non-doms set to face new Inheritance Tax hurdles
Starting next year, non-doms will face a tougher tax climate as Labour takes steps to fix what they see as outdated tax perks and overhaul Inheritance Tax (IHT) rules.
The ROI of investing in financial technology – Is it worth it?
As a UK business owner, you should always be looking for new ways to streamline your operations and enhance the efficiency of your business. In 2024, that means investing in financial technology, sometimes referred to as ‘fintech’.
Keeping your SME stable during economic uncertainty
There have been a lot of political changes in recent months, but the outlook for small and medium-sized enterprises (SMEs) remains gloomy.
Pension crisis looms, so how can business owners help their employees?
The recent Scottish Widows 2024 retirement report highlights a growing pensions crisis, with the number of people not on track for even a minimal retirement lifestyle rising from 35 to 38 per cent over the past year.