Latest news and updates
The Construction Industry Scheme (CIS) requires contractors to deduct tax from subcontractor payments and file monthly returns with HMRC. Even if no...
13/02/2025
The Employment Appeal Tribunal slashed a £10,000 award for injury to feeling by 80% after an original tribunal ruling was deemed not to be Meek...
11/02/2025
Stopping future payments from being made on your debit or credit card is crucial for avoiding unwanted charges and managing your finances effectively....
Before extending credit to new customers, it’s essential to assess their financial reliability. Checking their creditworthiness helps protect your...
From 1 February 2025, alcohol duty on draught pints has been cut for the first time in a decade, saving drinkers 1p per pint. Small breweries also...
06/02/2025
Not sure if your hobby is actually a taxable trade? HMRC uses ‘badges of trade’ to assess whether an activity is a business. Factors like profit...
Over 11.5 million people met the 31 January 2025 self-assessment deadline, but 1.1 million taxpayers missed it. If you're one of them, expect a £100...
Umbrella companies offer an easy way for freelancers and contractors to get paid without running a limited company. They handle payroll and tax via...
Private pensions can be a great way to pass on wealth, but tax implications depend on the age of the deceased and the type of pension. Some...
When someone dies, their personal representative (executor or administrator) must value their estate to determine if Inheritance Tax (IHT) is due....
1 March 2025 - Due date for Corporation Tax due for the year ended 31 May 2024. 2 March 2025 - Self-Assessment tax for 2023-24 paid after this date...
04/02/2025
Expanding into international markets can be a game-changer for UK small businesses, opening up new revenue streams and increasing business resilience....
03/02/2025
