Charities must be aware of the relevant legal and tax rules that apply to making payments overseas and supporting causes abroad.
HMRC has launched a quick digital tool, so businesses can estimate how registering for VAT might affect them.
This article covers the important considerations in setting-up and running a trading subsidiary to raise money for your charitable work.
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.
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.