HMRC has clarified the Self Assessment reporting requirements for directors of close companies, and updated its guidance for directors of charities. If you are a…
From October 2026, new trade union rules introduced under the Employment Rights Act will take effect. They place fresh obligations on employers, so it's worth…
Making Tax Digital (MTD) for Income Tax is now underway, with the first quarterly reporting deadline having passed for sole traders and landlords within the…
UK businesses are continuing to face significant increases in the cost of operating, with smaller and mid-sized businesses particularly exposed to rising employment and regulatory…
Energy costs remain an important consideration for UK businesses, with wholesale energy prices continuing to be affected by volatility in global markets.
Ofgem has announced…
The VAT Flat Rate Scheme can make VAT calculations simpler, but simple does not automatically mean cheaper. For some businesses it reduces administration and produces a reasonable result. For others,…
Small Business Britain announced the launch of its new Small & Mighty Enterprise Programme — a six-week online course aimed at supporting sole traders and micro businesses looking to take the next…
Self Assessment for beginners can feel like a collection of unrelated dates, forms and payments. In reality, the process is easier to manage when you separate it into four jobs:…
With the new tax year fast approaching, many businesses are beginning to prepare for the changes introduced by Making Tax Digital (MTD). From April, sole traders and landlords earning more than £50,000 will…
With the Self Assessment deadline of 31 January just around the corner, HMRC is alerting taxpayers to a rise in scams targeting individuals at this time of year.
Since February 2025, HMRC has been…
As we enter into a New Year, it’s a natural time to pause and think about how your business has performed over the past year.
For many, some things will…