There have been a lot of concerns around the domestic and global economy in recent times that have led to businesses being more cautious than normal. A side effect of this hesitance may be an accumulation of working capital. While working capital ...
READ MOREHistorically, ISAs have been considered a tax-free investment opportunity, but the latest notes on upcoming changes to this scheme may mean that interest on cash held in a stocks and shares ISA may result in new tax liabilities. Announced at the ...
READ MOREOnce again, Ramadan and Lent are set to take place simultaneously, meaning that approximately half the world’s population will be engaging in spiritual reflection. As many people make sacrifices in order to prepare for a life beyond the one they know, ...
READ MOREFrom October 2026, businesses involved in producing, importing, storing or selling vaping products will face a significant regulatory reform with the introduction of Vaping Products Duty (VPD) and the Vaping Duty Stamps (VDS) Scheme. Recently outlined by HMRC, the new regime ...
READ MOREThis Valentine’s Day, you might be thinking about spoiling your significant other with flowers and chocolates. If you’re a business owner, then your true love is probably the company that you have built up. Your business finances need tender love and care, ...
READ MOREIf you have noticed more TV and online adverts for cloud accounting software lately, that is no accident as the countdown to Making Tax Digital for Income Tax (MTD for IT) ramps up. There is just two months left for taxpayers ...
READ MOREFor business owners already working to prepare for the announcements made in the Autumn Budget, it can feel like there is already a lot to juggle. The Employment Rights Act is also beginning to take effect on a similar timeline, which ...
READ MOREOne of the most common questions business owners ask accountants, “Can I put this through the business as an expense?” The answer depends on one core tax rule. For an expense to be allowable for Income Tax or Corporation Tax, it ...
READ MOREThe first phase for Making Tax Digital (MTD) for Income Tax is nearly upon us, as the new system of digital tax reporting commences from 6 April 2026. However, some landlords, self-employed individuals or sole traders may still wondering whether the ...
READ MOREA new Freedom of Information requested from HMRC, released to the public has found that 5.6 million in the UK paid more tax than they needed to in 2023/24. Whilst headlines often focus on the UK’s tax gap – the amount ...
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