HMRC issues extension to deadline for voluntary National Insurance contributions

The Government has recently announced an extension to the deadline for individuals to pay voluntary National Insurance contributions (NICs), in a move that will benefit thousands of people across the country.  

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New HMRC service allows businesses to set up online payment plans for VAT owed

HM Revenue & Customs (HMRC) have recently confirmed that businesses that owe less than VAT £20,000 can now set up a payment plan online. 

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Major pension reforms sparks rethink for UK savers

Several significant changes were announced by the Government in the 2023 Spring Budget regarding the annual allowance and the lifetime allowance.  

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Corporation Tax: Upcoming filing deadlines and reminder about recent amendments

Recent changes HM Revenue & Customs (HMRC) made to the rate of Corporation Tax mainly affected larger businesses in the UK. 

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Self-Assessment tax returns threshold to change for 2023-2024 tax year

HM Revenue & Customs (HMRC) has revealed plans to increase an individual’s income threshold before being required to submit a self-assessment tax return.  

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Essential financial metrics every business owner should track

Understanding the financial health of a business is integral to its success, regardless of the industry or the size of the operation.

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Key factors to consider when starting a business

Setting up a new business is not merely about innovative ideas or immense passion. It also demands careful planning and research.

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R&D tax relief rates – Have your plans adapted to the recent changes?

The UK Government has long encouraged businesses to invest in R&D projects, believing it to be at the forefront of economic growth.  

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Landlords should bring UK tax affairs up to date before Renters Reform Bill is enforced in law

The Government is looking to introduce the Renters Reform Bill, which if made law, will be the biggest shake-up to housing laws in forty years.  

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Benefits of hiring an accountant for your start-up

Running a start-up can take its toll, with the inevitable early struggle of managing and overseeing every role within the business. 

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