by Gary Woosey | Jun 3, 2025 | Blog
Recent changes to Class 2 National Insurance contributions (NICs) were meant to simplify things for self-employed taxpayers. Instead, some are facing confusion, incorrect charges, and silence from HM Revenue & Customs (HMRC). The rule change that caused the...
by Gary Woosey | May 27, 2025 | Blog
There are always going to be bad actors looking to scam reputable businesses out of money and data. The new changes to Companies House and the heightened scrutiny that HM Revenue and Customs (HMRC) are placing on businesses have created a time of confusion for many....
by Gary Woosey | May 20, 2025 | Blog
HM Revenue & Customs (HMRC) is writing to taxpayers who claimed Investors’ Relief on their 2023/24 Income Tax Self-Assessment returns but may not meet the strict eligibility criteria. These letters signal increased enforcement around a lesser-used Capital Gains...
by Gary Woosey | May 13, 2025 | Blog
The Bank of England (BOE) has cut the base interest rate to 4.25 per cent, down from 4.5 per cent. It is the fourth cut in the past 12 months, and Governor Andrew Bailey has hinted there could be more to come. So, what does this mean if you are running a business in...
by Gary Woosey | May 6, 2025 | Blog
HM Revenue & Customs (HMRC) has recently temporarily suspended telephone and webchat services for Self-Assessment repayment requests. This change is a response to a rise in suspected fraudulent activity targeting its systems. While it may cause inconvenience,...
by Gary Woosey | Apr 29, 2025 | Blog
Right to work checks form an important part of business risk management, particularly now that the Government has increased the financial penalties for non-compliance. From 2024, employers who fail to carry out correct checks face fines of up to £45,000 per worker for...
