by Gary Woosey | Jun 13, 2023 | Tax
HM Revenue & Customs (HMRC) have recently confirmed that businesses that owe less than VAT £20,000 can now set up a payment plan online. The measure, which came into effect on 31 May 2023, is part of a wider project from HMRC to digitise tax reporting and...
by Gary Woosey | Jun 6, 2023 | Tax
Recent changes HM Revenue & Customs (HMRC) made to the rate of Corporation Tax mainly affected larger businesses in the UK. As of April 2023, companies that generate a profit of more than £250,000 during their accounting period will pay a rate of 25 per cent in...
by Gary Woosey | May 30, 2023 | Uncategorized
Understanding the financial health of a business is integral to its success, regardless of the industry or the size of the operation. By keeping an eye on vital financial metrics, business owners can make data-driven strategic decisions that can drive their businesses...
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...