The impact of Capital Gains Tax in estate planning
19 Oct 2023
Capital Gains Tax (CGT) is one of those terms that often elicits a groan from private clients, but understanding its intricacies can be incredibly beneficial in the long run.
What business owners need to know about meeting PAYE deadlines
17 Oct 2023
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
Could you afford a financial data GDPR breach?
12 Oct 2023
In today’s digital age, data protection has become a paramount concern for businesses of all sizes.
Secure your financial future – Plan ahead and send Self-Assessment returns early
10 Oct 2023
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 can SMEs learn to thrive, rather than just survive?
9 Oct 2023
New research from the #SBS State of the Nation Roundtable report has revealed that 72 per cent of small and medium-sized enterprises (SMEs) feel they are surviving, rather than thriving. Fewer than one-third of small businesses have enough cash in
The benefits of HMRC’s salary advance reporting changes
9 Oct 2023
HM Revenue & Customs (HMRC) has recently launched a consultation on new rules aimed at simplifying the reporting of salary advances. This change is expected to have a significant impact on employers, streamlining administrative processes and reducing costs. Under existing
The impact of increased Corporation Tax receipts for business owners
9 Oct 2023
HM Revenue and Customs (HMRC) has recently reported a significant increase in Corporation Tax receipts for 2022/23. The receipts have risen by £17.3 billion, reaching a record £84.7 billion. This represents a 26 per cent increase on the previous tax
HMRC targets overseas taxpayers
9 Oct 2023
HM Revenue & Customs (HMRC) has continued to run campaigns to ensure that overseas workers, registered in the UK, are paying the correct taxation rates. Taxpayers that have overseas assets and income may still be obligated to pay UK tax
What’s on the horizon for taxation?
9 Oct 2023
Businesses are holding their breath as the upcoming Autumn Statement threatens to change the tax landscape of the UK. Chancellor of the Exchequer, Jeremy Hunt, announced that he will present the Statement to Parliament on 22 November 2023. The cost-of-living
Almost 50 per cent of businesses forget vital R&D forms
9 Oct 2023
Research and development (R&D) tax relief claims are a vital way to offset your business costs against profits and promote technological innovation and advances. However, filling in the mountain of paperwork associated with R&D claims can be tedious and time-consuming
