Is your business prepared for increased HMRC scrutiny?
Posted on January 15, 2025 Posted in - BlogRecent figures show that HM Revenue & Customs (HMRC) recovered £45.7 billion in tax probes in 2024, a £10 billion increase from the previous year.
Recent figures show that HM Revenue & Customs (HMRC) recovered £45.7 billion in tax probes in 2024, a £10 billion increase from the previous year.
With the rise of electric vehicles (EVs), many company directors and employees charge their cars at home.
For business owners, sustainability might have been something viewed as a nice-to-have or a PR exercise in the past, but because the regulatory landscape is changing fast, businesses that do not get ahead of these changes risk being left behind.
For years, double cab pickups have benefited from being classified as goods vehicles for tax purposes, allowing businesses to enjoy lower benefit-in-kind (BIK) rates.
More than half of UK businesses plan to raise their prices in the next three months, according to the British Chambers of Commerce (BCC).