Between the 2020/21 and 2022/23 tax years, there was a 21 per cent rise in tax investigations into SMEs, highlighting the fact that HM Revenue & Customs (HMRC) has ramped up its interest in this area.
Starting a freelance career marks a significant transition from traditional employment but it’s a decision that many are nervous to make.
The recent Royal Assent of the Procurement Act marks a significant milestone in the evolution of public procurement. Read More
When it comes to business decisions, taking an objective view is essential. But distinguishing your thoughts from the facts is easier said than done. Read More
In the unpredictable world of business, it’s not uncommon for companies to experience financial losses.
When it comes to tax planning, timing is everything. Read More
Most businesses are already using cloud accounting software to manage their finances. However, not all of them are taking full advantage of automated processes to streamline their accounting process. Read More
Capital Gains Tax (CGT) is one of those terms that often elicits a groan from private clients, but understanding its intricacies can be incredibly beneficial in the long run. Read More
In the latest move in their Making Tax Digital (MTD) campaign, HM Revenue & Customs (HMRC) is removing paper VAT registration from 13 November 2023. Read More
Among the long list of financial responsibilities that you must handle as a business owner is ensuring PAYE is made on time. In October 2023, the electronic payment deadline for your PAYE tax bill falls on Sunday, 22 October. To meet this deadline, your cleared funds must be in HM Revenue & Custom’s (HMRC’s) account by 20 October 2023, unless you opt for a Faster Payment. Read More