Expansion of the Trust Registration Service – What you need to know
11 May 2022
From 1 September, changes to the rules regarding the Trust Registration Service (TRS) mean that more trusts will need to be registered with HM Revenue & Customs. The TRS was introduced five years ago to make the beneficial ownership of
Revenue updates guidance on tipping apps
11 May 2022
When HM Revenue & Customs’ (HMRC’s) current guidance on the tax treatment of tips and troncs was first published back in 2014, tips and troncs were paid almost exclusively in cash or through card transactions. Of course, in the eight
Our top tips for hiring your first employee
11 May 2022
There has been a surge in new company formations in the last few years, as entrepreneurs develop new and exciting business ideas and bring them to market. On top of this, there are a growing number of workers with ‘side
Working from home tax relief continues, but fewer employees likely to be eligible this year
11 May 2022
HM Revenue & Customs (HMRC) has retained its online portal for claiming working from home tax relief for the 2022/23 tax year. But, while the rules and value of the relief remain unchanged, unless there are any further lockdowns this
Could Government-backed business loans become permanent?
11 May 2022
Throughout the pandemic and into the current recovery period, the Government has offered a number of loans to help businesses survive and invest for their future. However, only the Recovery Loan Scheme remains open, and this is due to end
Make sure you are making the correct PAYE payments to HMRC
11 May 2022
HM Revenue & Customs (HMRC) is issuing fresh warnings to employers to ensure their payment reference numbers are correct so that payments are recognised. Each payment reference number relates to a specific employer and covers a particular accounting period. HMRC
Enterprise investment rebounds strongly after being hit by pandemic
11 May 2022
There has been a fall in investment of around 12 per cent in the Enterprise Investment Scheme (EIS), largely caused by the effects of the pandemic.
Every business has goals, but how can you achieve them?
10 May 2022
Without being motivated by business goals, it could be easy for the business to become stagnant.
Can my business pay for my garden office?
6 May 2022
When it comes to purchasing and expensing a garden office, you may be wondering if your company can cover the costs.
Charging an electric company car: what you need to know
5 May 2022
With the important focus on achieving Net Zero goals and targeting personal emissions, more and more company cars seem to be following the electric car trend.
