Shaun explains how using Direct Debit as a payment option for your customers benefits your business in many ways, particularly your cash flow.
Expert Opinion
A surprising number of practices still use outdated, limiting accounting software. This article explains why they need to embrace cloud based software packages approved for Making Tax Digital.
Make sure your payroll software is ready for the change to National Insurance Contributions that takes effect 6 November.
Rob summarises what some are saying is the biggest U turn in British History, following some significant announcements of U turns in policy last week.
Rob provides a summary about today’s announcement concerning support for businesses with rising energy costs and the further forecasted increases.
Effective people constantly grow, evolve and make changes to the way they do things. Your focus should be on working smarter, not harder. Will explains how.
Rob explains more about the Government’s Tax-Free Childcare Accounts which provide a 25% subsidy towards the cost of childcare for which there continues to be a poor take up.
With ever-increasing supplier prices, a rise in interest rates and a looming recession, managing your business’s cash and understanding the flow are now vital tools in maintaining resilience and being able to adopt flexible strategies for success.
If VAT registered businesses do not sign up for MTD and file their VAT returns through MTD-compatible software, they may have to pay a penalty.
Now is the time to invest in new and more strategic approaches to developing an early talent pipeline. One way of bringing in new talent is through traineeships.
According to The Telegraph, HMRC civil servants were put under pressure to bring in as much money as possible, resulting in 90,000 penalties being issued in the 2021/22 tax year.
Solving the recruitment dilemma will always be a challenge in business – turning the problem on its head and doing more with the resources we already have is a great place to start explains Will.
Terry explains how potential pensions annual allowances tax charges can arise, what actions should be taken and alternatives such as scheme pays elections.
Kate explains how a freeze of the IHT nil rate band thresholds for paying the tax until 2026, coupled with soaring house prices, is drawing unsuspecting estates into the realm of Inheritance Tax (IHT).
James outlines the four HMRC ‘tax-advantaged’ schemes that provide employees and employers with income tax and National Insurance Contribution (NIC) advantages
The accounting software will need to record and report income and expenditure in the same categories currently used for self-assessment as outlined by Rachel.
Rachel explains how mortgage lenders are now offering green buy-to-let deals to encourage landlords to invest in energy-efficient properties.
Rob provides an update on MTD for VAT and the upcoming MTD for Income Tax, including the changes and their impact on property landlords in particular.
The Employment Allowance (EA) is a £5,000 allowance set against employer National Insurance Contributions (NICs) and has to be claimed each tax year by qualifying employers.
Kate shares details of a new tax residence indicator tool which HM Revenue & Customs have created to help customers to determine their tax residence status.