How to use the new HMRC app for your tax returns
For small businesses navigating the Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) initiative, tax returns can be complex.
What business owners need to know about meeting PAYE deadlines
Among the long list of financial responsibilities that you must handle as a business owner is ensuring PAYE is made on time. In October 2023, the electronic payment deadline for your PAYE tax bill falls on Sunday, 22 October. To
How HMRC’s new online tools can help you simplify taxation
HM Revenue and Customs (HMRC) has always been at the forefront of embracing technological advancements to make tax-related processes more straightforward for businesses and individuals.
How could new “open banking enhancements” benefit your business?
Your business could benefit from a new scheme being run by HM Revenue & Customs (HMRC).
Closing on the inaugural Economic Crime Levy payment – What you need to know
As we approach the end of September, businesses across the UK are gearing up to meet the inaugural deadline for the Economic Crime Levy (ECL) payment.
Planning for Inheritance Tax challenges as penalties surge in 2022/23 tax year
While Inheritance Tax (IHT) is a topic that many find uncomfortable to discuss, it is an unavoidable aspect of estate planning.
How businesses can navigate and avoid tax disputes with HMRC
Tax disputes can be a significant drain on resources for any business, and with recent data suggesting that over 60 per cent of businesses are currently embroiled in a tax dispute with HM Revenue & Customs (HMRC) that has lasted
HM Revenue & Customs pledge £5.5 million to support customers
HM Revenue & Customs (HMRC) has recently stated that they will pledge £5.5 million to organisations who are in the voluntary and community sectors to help support customers organise their taxes.
What expenses can limited companies and sole traders claim?
Whether you’re the owner of a limited company or a sole trader, it is important to understand the expenses you can claim and the tax savings that these expenses bring.
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.
