Categories:

If you are self-employed, the new tax year may be longer than you think.

Categories:

With basis period reform now underway, HMRC is looking at further tax simplification for sole traders and partnerships by increasing the cash basis turnover threshold.

Categories:

The government is extending the provision of 30 hours of free childcare for 38 weeks to now include all pre-school children over the age of nine months.

Categories:

More than 12 million taxpayers file self-assessment tax returns, but less than 3% do so using a paper return.

Categories:

The energy support guarantee of £2,500 was extended in the March Budget for a further three months, welcome news for employees and small business owners.

Categories:

Reviewing your business structure and understanding why companies reorganise is important. Undertaking a business reorganisation can be used to split off parts of your business and can help to minimise risk, prepare for sale and create tax saving opportunities.

Categories:

Changes to the pension tax allowances announced in the March Budget could mean your retirement planning strategy needs to be reviewed.

Categories:

The main rate of corporation tax rate increased from 19% to 25% from 1 April 2023.

Categories:

With HMRC under pressure to collect more tax owed, it is moving away from the tolerance shown during the pandemic and back towards a normal level of debt enforcement activity.

Categories:

As the end of the tax year is fast approaching, we outline below key points to consider when reviewing your tax affairs ahead of 5 April 2023

Categories:

Most directors and employees will already have been issued a tax code for the 2023/24 tax year, and it is important to check the figures as a very large proportion of codes will be incorrect.

Categories:

It wasn’t that long ago that HMRC was paying particular attention to businesses understating large cash sales. Now, the decline of cash has led to a proliferation of software used to suppress electronic sales records.