Potential tax increases and their impact on businesses

3d,Calculator,Render,Concept,Of,Financial,Management.,3d,Calculating,Financial

Potential tax increases and their impact on businesses

Jul 10, 2024

In recent reports, former Prime Minister Sir Tony Blair has forecasted potential tax increases that could have an impact on businesses across the UK. The Tony Blair Institute's chief economist predicts taxes may need to rise by 1.9 percentage points of ...

Will Labour’s agenda in the King’s Speech signal major tax changes for businesses in 2025?

Jul 09, 2024

Will Labour's agenda in the King's Speech signal major tax changes for businesses in 2025? As the opening of Parliament approaches on 17 July, businesses across the country are bracing for the King's Speech, which is expected to outline the Labour ...

Thinking of investing in electric cars for your business? – Here’s what you need to know

Jun 19, 2024

The number of electric cars on our roads is rising rapidly. In 2023 alone, the number of new electric vehicles rose by 18 per cent and there are now some, 1.1 million fully electric cars on UK roads, according to ...

New,Team,Members,Isolated,Concept,Vector,Illustration.,Adaptation,,Join,Company,

Blog, Business, Finance, Payroll, SMEs, Tax

Streamlining your payroll set-up with employment and tax records

May 21, 2024

When your business takes on a new employee, we know that you’re eager to get them settled into their role – but not before you’ve completed the right checks and set them up in your payroll system! If you ask for ...

Summer,Sea,Beach,With,Beach,Chair,,Umbrella,,Inflatable,Flamingo,,Pile

Blog, Business, Cash Flow, SMEs, Tax

Starting a seasonal business? Here is what you need to know

May 16, 2024

Are you considering launching a seasonal business? If so, you are beginning an exciting journey that comes with its own set of unique challenges and opportunities. Understanding the differences in seasonal commerce is crucial for success. Whether you are opening an ...

3d,Receipt,Bill.,Pay,Money,With,Mobile,Phone,Banking,Online

Blog, Business, Property, Tax

Furnished residential lets vs Furnished Holiday Lets – The tax situation

May 14, 2024

If you’ve invested in a property to let and furnished it, you will be liable to pay tax on the income you receive from letting the property out. However, you may be able to claim some allowable tax reliefs and deductions. The ...

Digital,Invoice,,Online,Bill,Payment,,Internet,Banking,,Tax,Payment,,Digital

Blog, Business, SMEs, Tax, VAT

The most common VAT filing mistakes – and why MTD is the solution!

Apr 30, 2024

If your business has a turnover of £90,000 or more and sells products or services subject to VAT, then you must register to pay it and file a return to HM Revenue & Customs (HMRC) - at least once every ...

Blog, Business, Finance, Payroll, SMEs, Tax

Reviewing your payroll? Check what’s changed

Apr 16, 2024

With the new tax year underway, it’s time to review your payroll to ensure that it reflects the latest changes and updates to legislation around pay, holiday and tax. The new financial year is a busy time for employers and business ...

3d,Credit,Card,Money,Financial,Security,For,Online,Shopping,,Online

Blog, Business, Finance, HMRC, SMEs, Tax

What are the benefits of using the HMRC app?

Apr 11, 2024

The HM Revenue & Customs (HMRC) app was launched in 2023 and has quickly become a key tool for many, with over 80 million interactions. Designed for convenience and efficiency, the app stands as a crucial resource for managing tax affairs. Upon ...

Tax,Refund,Or,Rebate,Credit,Concept,,Businessman,Hand,Came,From

Blog, Business, Business Advice, Finance, HMRC, SMEs, Tax

Due a tax rebate? Keep an eye on your account

Apr 09, 2024

In a new initiative designed to reduce paper use and unnecessary confusion, HM Revenue & Customs (HMRC) has announced a significant change to the way that taxpayers are notified of a repayment. From 8 April 2024, HMRC will no longer send ...

Tax