New VAT penalty regime – What do you need to know?
4 Nov 2022
HMRC is launching a new penalty regime where VAT returns are submitted late or VAT is not paid on time.
Time to rethink your property portfolio? What you need to consider
2 Nov 2022
Investing in property can still provide a strong return, but it needs careful planning to achieve the best outcomes. Just buying new properties without a clear strategy would be risky. While it is true that rates of interest continue to
When can you take a dividend from your business?
2 Nov 2022
If you are an owner of a limited company, taking money out of your business using dividends is a mainstay of effective tax planning, thanks to an additional £2,000 annual allowance and lower rates than apply when taking money in
New rules to address the soaring cost of card payment fees
2 Nov 2022
Card payments rocketed during the pandemic and that trend has continued since then. According to figures from the British Retail Consortium (BRC), card payments account for four out of every five payments made. But as consumers switch, the soaring cost
IR35 rules – What they are and why they matter
2 Nov 2022
The status of IR35 or off-payroll working has caused some confusion since the repeals to reforms put forward by former Chancellor Kwasi Kwarteng were subsequently scrapped by new Chancellor Jeremy Hunt. IR35 is tax legislation designed to deal with a
How to keep workplace gifts tax-free this Christmas
2 Nov 2022
The season of goodwill is just around the corner as Christmas approaches. It is a time of year when employers look to reward their staff for their efforts throughout the year. But they should be aware that certain tax, National
How to protect your business from inflation
2 Nov 2022
Inflation has been described as paying £15 for the £10 haircut you used to get for £5 when you had hair. It is soaring at the moment and leaves business owners facing real problems. If they increase their prices, they
Supporting staff through the cost-of-living crisis
1 Nov 2022
Many UK employers are topping up pay packets of valued employees with a cost-of-living payment when they are unable to offer a pay rise.
Have you filed your online Self-Assessment form?
28 Oct 2022
The clock is ticking for taxpayers, as the countdown to submit online Self-Assessment tax returns has begun.
How SMEs can avoid becoming victims of fraud
25 Oct 2022
With SMEs throughout the country struggling to grow and maximise profits, given the economic headwinds, fraud could be a major problem.
