by Gary Woosey | Aug 5, 2025 | Blog
Unsuspecting taxes that you often pay without realising, such as VAT (Value Added Tax) and the more recent tax freezes, are commonly referred to as ‘stealth taxation’. These are charges that may not be as clear to you as the Income Tax in your payslip, but they do...
by Gary Woosey | Jul 29, 2025 | Blog
The Government’s Employment Allowance scheme is an opportunity all businesses can explore but it is important to check if your business fits the eligibility criteria. Employment Allowance allows eligible employers and companies to reduce their annual National...
by Gary Woosey | Jul 22, 2025 | Blog
The Public Accounts Committee (PAC) are seeking clarity and understanding after their report revealed HM Revenue and Customs (HMRC) cannot identify how much tax is paid by UK billionaires. This news will concern Chancellor Rachel Reeves, who will be analysing all...
by Gary Woosey | Jul 15, 2025 | Blog
With speculation increasing and showing no signs of slowing down surrounding the potential for Rachel Reeves’ Autumn Budget to increase taxes, one Treasury Minister has spoken today, suggesting the ‘headline’ rate of income tax will not increase later this year. While...
by Gary Woosey | Jul 8, 2025 | Blog
If you have made more than £1,000 from a side hustle last year, you might need to tell HM Revenue & Customs (HMRC), and the earlier you do it, the better. HMRC is now urging people with extra income to check if they need to register for Self-Assessment and file a...
by Gary Woosey | Jul 1, 2025 | Blog
If you run a limited company, it is important to be aware of some major changes coming to the way company accounts are filed. These changes are part of new legislation, the Economic Crime and Corporate Transparency Act (the Act), and they will affect small companies...
