For your business, a new government brings about a period of uncertainty. Consider how you can prepare to manage this transition and succeed…
From 6 April 2026, people with yearly trading/property income over £50,000 must move to a digital system to record and declare information.
From April 2026, reporting and paying Income Tax and Class 1A NICs on benefits-in-kind will be mandatory through payroll software.
A director can decide how much and by what means they extract the profit from their business by balancing salary and dividends.
Conducting year-end work can be difficult to prioritise. Read through our ten strategies that can make your year-end process a more seamless.
These are relevant dates and potential penalties for self-assessment returns, alongside possible options if you can’t meet the deadlines.
Sole traders & partnerships: If your year-end is not 31 March or 5 April, HMRC is changing how it will assess your profits.
The new tax year has begun; this means we can now submit your tax return for the year ending 5 April 2023. The final deadline may seem a way off, but submitting as early as possible is always preferable, so you are aware of any tax liabilities in good time. Here’s a checklist of things you may wish to consider.
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.
The government announced back in September that the introduction of Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) is being delayed by one
The rules for deciding whether a gift given in the course of business is deductible are complex. The rules for business gifts generally follow
