We are getting ever closer to 31 January 2025 and the Self-Assessment tax return deadline, so businesses and individuals are being urged to stay vigilant against a surge in tax-related scams.
You may have recently received correspondence from HM Revenue & Customs (HMRC) asking you to check if you need to pay the High Income Child Benefit Charge and to double-check the amount if you have already paid.
It is the time of year when the job market is populated with new graduates, fresh from receiving their university results, and a great time for your business to pick out a talented new hire.
HM Revenue & Customs (HMRC) is reaching out to around 560,000 individuals over the next few weeks regarding their tax obligations.
It goes without saying that submitting tax payments promptly is a necessity for businesses, not only to remain compliant but also to avoid unnecessary fines and penalties.
Directors’ loans are money you borrow from your company, distinct from salary, dividends, or reimbursed expenses.
As a UK business owner, you should always be looking for new ways to streamline your operations and enhance the efficiency of your business. In 2024, that means investing in financial technology, sometimes referred to as ‘fintech’.
HM Revenue & Customs (HMRC) has recently issued a warning to employers regarding the proper use of workplace nursery schemes.
Artificial intelligence (AI) is undoubtedly a major trend in accountancy and tax, with many firms, business clients and Government agencies recognising its benefits and adopting it.
If you’re a high earner with between £100,000 and £150,000 in net adjusted income, you’ll soon receive a letter from HM Revenue & Customs (HMRC) regarding whether you need to continue submitting a Self-Assessment tax return.
