by Gary Woosey | Dec 10, 2024 | Blog, HMRC, Scams, Tax
We are getting ever closer to 31 January 2025 and the Self-Assessment tax return deadline, so businesses and individuals are being urged to stay vigilant against a surge in tax-related scams. HM Revenue and Customs (HMRC) has reported a rise in fraudulent activity...
by Gary Woosey | Dec 3, 2024 | Blog
With Christmas just around the corner, it is time to embrace the festive season, but as a business, you will want to do so without falling foul of tax rules. Whether planning a party, treating your team to gifts, or both, here are some tips to keep your celebrations...
by Gary Woosey | Nov 26, 2024 | Blog
HM Revenue & Customs (HMRC) is introducing real-time reporting for benefits in kind (BiKs) starting in April 2026, meaning businesses must prepare for changes in how they manage payroll. These updates aim to streamline tax reporting but bring new challenges and...
by Gary Woosey | Nov 18, 2024 | Blog
The Bank of England’s decision to reduce the base rate to 4.75 per cent has triggered changes to HM Revenue & Customs’ (HMRC’s) interest rates, with late payment and repayment rates due to adjust on 18 and 26 November 2024. For quarterly instalment payments: ...
by Gary Woosey | Nov 11, 2024 | Blog
This month is Career Development Month, a perfect opportunity to focus on upskilling your team. The good news? Building your team’s skills does not need a big budget. Many of the best ways to support career growth are affordable, effective, and easy to put into...
by Gary Woosey | Nov 5, 2024 | Blog
From higher employer National Insurance (NI) contributions to increases in Capital Gains Tax (CGT) rates, the changes announced in last week’s Budget have obvious implications for owners of small and medium-sized enterprises (SMEs). These changes call for a careful...