HMRC to close helplines one day a week to clear backlog

VAT and Corporation Tax helplines at HM Revenue & Customs (HMRC) will close for one day a week to help clear the backlog built up during the COVID-19 pandemic.

Read more...


What is ‘greenwashing’ and how can you spot it?

With climate change on most people’s agenda, and an increasing pressure on individuals to operate in an environmentally friendly way, companies may use this to their advantage to secure investment.

Read more...


Marriage Allowance: Can you claim up to £1,220 in tax relief this Valentine’s Day?

HM Revenue & Customs (HMRC) is calling on spouses and civil partners to sign up for the Marriage Allowance this Valentine’s Day.

Read more...


SMEs have mixed views on their prospects for 2022

UK small businesses (SMEs) are both concerned and optimistic at the same time about their prospects in the next 12 months.

Read more...


Hidden charges alert as 2.3 million miss Self-Assessment deadline

To many taxpayers, it must seem like the ongoing effects of the pandemic are an endless nightmare of tax deadlines, after the endless nightmare of lockdowns.

Read more...


Can you avoid the P11D process?

Every year employers across the UK submit an end-of-year report to HM Revenue & Customs (HMRC) outlining the benefits provided to each employee and director, which were not included in their wages.  This report is sent using the P11D form,

Read more...


Most popular options available when setting up a new business

It’s a new year and many people who may have lost their jobs during the pandemic or have decided to take their life in a new direction, will be looking to start up a business. It could be a full-time

Read more...


New tax rules on holiday lets – What does it mean for owners?

It was recently announced that the Government would reform business rates relief for owners of second homes – resulting in some holiday let owners facing additional costs of up to £1,000 a year. The Department for Housing, Communities and Local

Read more...


Nearly half a million SMEs at risk of failing due to late payments crisis

According to a new survey from theFederation of Small Business (FSB), more than 440,000 small businesses could fail because of a new late payment crisis. The national small business organisation has called for the Government to step in and take

Read more...


Fears over move to MTD, as few take part in income tax pilot scheme

A pilot scheme using software in preparation for the next phase of HM Revenue & Customs’ (HMRC) Making Tax Digital (MTD) initiative has seen a slump in users. Self-employed businesses and landlords with annual business or property income above £10,000

Read more...