From 6 April 2026, people with trading/property income over £50,000 per annum must keep records and report information digitally to HMRC.
It’s vital that you can pay your workers the new minimum wage, without disrupting other aspects of your business.
There is a new scam letter targeting businesses, requesting taxpayers ‘verify’ their financial information via email.
From 6 April 2026, people with yearly trading/property income over £50,000 must move to a digital system to record and declare information.
Read our summary of the Spring Budget 2024, with changes to National Insurance, Child Benefit and second homes…
Conducting year-end work can be difficult to prioritise. Read through our ten strategies that can make your year-end process a more seamless.
Sole traders & partnerships: If your year-end is not 31 March or 5 April, HMRC is changing how it will assess your profits.
As a result of ‘administrative discrepancies’ by the Department of Work and Pensions (DWP), mothers may have been underpaid around £1bn in state pension. This has occurred due to information missing from the national insurance (NI) records.
There are always competing factors to consider when thinking about your March year-end as a company. How prepared do you feel?
For a round-up of what the Spring Budget contained and how this might affect you, please read our summary of some of the major changes.
You may recall that a new Plastic Packaging Tax was announced in the 2020 Budget. The legislation is now before Parliament so we have
The 'badges of trade' tests, whilst not conclusive, are used by HMRC to help determine whether an activity is a proper economic / business activity or merely a money-making side-line to a hobby. Eventually, taxpayers may have to decide if
