by Gary Woosey | Apr 9, 2024 | Blog, Finance, SME, SMEs, Tax
In a new initiative designed to reduce paper use and unnecessary confusion, HM Revenue & Customs (HMRC) has announced a significant change to the way that taxpayers are notified of a repayment. From 8 April 2024, HMRC will no longer send out a letter notifying...
by Gary Woosey | Apr 2, 2024 | Blog, Finance, Scams, Tax
April Fool’s Day, a time of jokes and jests, may have been and gone… But it just so happens that April Fool’s Day falls just before the start of the new tax year (6 April) when numerous businesses will be targeted by tax avoidance scams, phishing attempts and...
by Gary Woosey | Mar 26, 2024 | Blog, Employment, Finance
The law surrounding redundancy for new parents is set to change from 6 April. This will offer enhanced protection from redundancy for those who are pregnant, on shared parental leave, or taking time off for adoption. If you need to make redundancies to cut costs and...
by Gary Woosey | Mar 19, 2024 | Blog, Finance, SMEs, Tax
With 5 April fast approaching, the pressure is on to make sure that you’ve used all capital allowances available to you in this tax year to reduce your tax bill. For business owners, there are a number of tax reliefs you can use to make your capital expenditure as...
by Gary Woosey | Mar 12, 2024 | Blog, Finance, Pension, SMEs, Tax
Are you ready for the end of the 2023/24 tax year? 5 April 2024 marks the end of the current financial year, so the deadline to use several important annual reliefs and allowances is fast approaching. Pension contributions represent a significant tax saving for a...
by Gary Woosey | Mar 5, 2024 | Blog, Finance, SME, SMEs, Tax
Investing in Environmental, Social and Governance objectives (ESG) and sustainability is becoming more popular for business owners at every level. However, overhauling business processes and purchasing new, greener assets can present a significant cost to SMEs and...