What businesses need to know about recent updates to payroll
The Department for Business and Trade has recently released feedback on two major consultations concerning payroll and holiday entitlements.
How will the new Procurement Act benefit SMEs?
The recent Royal Assent of the Procurement Act marks a significant milestone in the evolution of public procurement.
Secure your financial future – Plan ahead and send Self-Assessment returns early
Recent data from HM Revenue and Customs (HMRC) reveals a significant trend – an increasing number of UK taxpayers are filing their Self-Assessment tax returns within the first week of the new tax year.
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.
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.
Understanding Director’s Loan Account (DLA) and the risks involved
Directors might opt to either lend money to or borrow from their own company. This type of transaction is called a director’s loans, and they are recorded in the Director’s Loan Account.
Beneficiaries could see inherited pensions taxed as new proposals by HMRC are published
Currently, if someone dies before the age of 75, their pension can be drawn out by beneficiaries’ tax-free, as it is exempt from Inheritance Tax and Income Tax if it is under the Lifetime Allowance (LTA).
Understanding ESG investments – What should you know?
The financial landscape in the UK, as well as globally, is in a constant state of change.
Ensuring your small business is prepared for the future
In the ever-changing business landscape that we see today, merely reacting to events as they occur is not enough.
Is cloud accounting the future for businesses?
In the world of entrepreneurship and small businesses, technology continues to revolutionise the way we manage our operations.
