Latest news and updates
Most people are aware that cash donations to a charity can qualify for tax relief. However, it is less well known that gifts of land, property and...
30/07/2026
Receiving money from a family member can be a welcome source of financial support, but many people are unsure whether they need to pay tax on it. In...
Keeping your skills and knowledge up to date is important but the cost of professional training can add up. If you are self-employed some training...
With childcare costs continuing to rise, many working families could be missing out on valuable support through the Tax-Free Childcare scheme. The...
Late payments remains one of the biggest challenges facing small businesses across the UK. Even companies that are profitable on paper can find...
28/07/2026
Employment costs continue to rise, and many small businesses are feeling the impact. Higher wage bills, increased employment related costs and the...
If you are starting to employ staff or engaging subcontractors for construction work, you will generally need to register as an employer with HMRC....
23/07/2026
As a self-employed individual, whether a sole trader or partner, you must keep accurate records of your business income and expenses to back up your...
If your personal details or circumstances change, you may need to tell HMRC as this could affect your tax position or entitlement to certain...
It is important to know if HMRC is holding money that belongs to you. For example, if you have paid too much tax to HMRC, you may be able to claim a...
Small businesses have several VAT schemes available that can simplify VAT administration and may help with cash flow. However, as a business grows or...
If you are self-employed, you may be able to claim tax relief on certain business insurance costs as an allowable expense. This means the cost can be...
