by Gary Woosey | May 23, 2023 | Tax
The Government is looking to introduce the Renters Reform Bill, which if made law, will be the biggest shake-up to housing laws in forty years. Whilst the Bill will have implications for the 11 million renters in the UK, landlords have been advised to ensure that they...
by Gary Woosey | May 16, 2023 | Tax
As interest rates in the UK rise, small and medium-sized enterprises (SMEs) will undoubtedly feel the pinch. Interest rate changes can be effectively managed by SMEs by reviewing and altering the financial processes within their organisations to ensure outstanding...
by Gary Woosey | May 9, 2023 | Tax
HM Revenue & Customs (HMRC) has removed the default surcharge for late payments of VAT and replaced it with what is a new penalty charge. The way interest is charged has also been amended. Previously, the default surcharge was two per cent of the VAT outstanding...
by Gary Woosey | May 3, 2023 | Welcome
The UK has long been a hub for budding entrepreneurs and startups, with innovative ideas and new businesses emerging every day. The Government recognises the importance of supporting these early-stage businesses to stimulate economic growth and job creation. One such...
by Gary Woosey | Apr 25, 2023 | Tax
Do not be stung when rewarding employees. Avoid penalties on employee benefits by correctly submitting P11D forms. ‘Benefits in kind’ are great perks for employees and a great way for employers to show their appreciation for hard work and valuable contributions. But...