Strategies for SMEs: Surviving the interest rate hike
As interest rates in the UK rise, small and medium-sized enterprises (SMEs) will undoubtedly feel the pinch.
What do you need to know about Income Tax?
If you’re feeling unsure about your Income Tax obligations, it’s important to understand what you are required to pay, how you pay it and what to do if you haven’t paid enough or have paid too much.
VAT penalties for late filing or payments – be aware of the changes
HM Revenue & Customs (HMRC) has removed the default surcharge for late payments of VAT and replaced it with what is a new penalty charge. The way interest is charged has also been amended.
UK Corporation Tax for start-ups: what you need to know
Corporation Tax is a critical element that start-ups need to be aware of when starting their new venture.
Changes to the Seed Enterprise Investment Scheme (SEIS)
The UK has long been a hub for budding entrepreneurs and start-ups, with innovative ideas and new businesses emerging every day.
Employee expenses and benefits: How to submit a P11D form
Do not be stung when rewarding employees. Avoid penalties on employee benefits by correctly submitting P11D forms.
Understanding IR35 and its implications for employers
If your business engages off-payroll workers, it’s essential to be familiar with IR35 and its potential impact on your operations.
How can you prepare for the basis period reform?
We are currently in the transition period for the basis period reform, which is set to come into full effect from the 2024/25 tax year.
Preparing your business for the summer
If you run a business in a tourist hotspot, you need to get prepared for the summer.
What salary should I take as a director of a limited company?
Being a director of a limited company means having the ability to pay yourself in a different manner to being a typical PAYE employee.
