Latest news and updates
Self-employed people can choose to use simplified expenses to calculate certain business costs using flat rates rather than working out their actual...
10/09/2026
Self-employed people can deduct allowable business expenses when calculating their taxable profits. However, where a cost has both a business and...
The Government has named nearly 660 employers for failing to pay workers the National Minimum Wage, highlighting how costly National Minimum Wage...
07/09/2026
The Government has announced plans to consider major changes to the rules governing when companies can make distributions to shareholder. As part of...
The temporary 5% reduced rate of VAT introduced for certain children’s meals, tickets and family attractions ended on 1 September 2026. The relief...
03/09/2026
HMRC is currently carrying out its annual reconciliation of PAYE for the 2025-26 tax year. Between June and November, HMRC calculates the Income Tax...
UK employers with employees who normally work overseas may have PAYE and National Insurance obligations when those employees come to the UK to carry...
Businesses planning major infrastructure and development projects should be aware of a new government consultation on the tax treatment of...
The tax rules concerning what constitutes a distribution for tax purposes have remained largely unchanged since Corporation Tax was introduced in...
A strong VAT control system should clearly identify who is responsible for VAT, document the processes involved and regularly check that controls are...
Where an employee is promised a discretionary bonus as an incentive, an employer may be held liable for the full figure if the preconditions have been...
02/09/2026
The latest figures from the Office for National Statistics suggest that conditions remain challenging for many UK businesses. In July 2026, 15% of...
01/09/2026