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 | Aug 20, 2024 | Blog, HMRC
It is the time of year when the job market is populated with new graduates, fresh from receiving their university results, and a great time for your business to pick out a talented new hire. Hiring recent graduates is a great way to inject new ideas and energy into...
by Gary Woosey | Jul 23, 2024 | Blog, HMRC
HM Revenue & Customs (HMRC) has recently issued a warning to employers regarding the proper use of workplace nursery schemes. Business owners must have a thorough understanding of the rules surrounding workplace nursery schemes to remain compliant and avoid...
by Gary Woosey | May 7, 2024 | Blog, HMRC, Scams, SMEs, VAT
HM Revenue & Customs (HMRC) has issued a warning to businesses over fraudulent attempts to access VAT repayments via postal form VAT484. What’s happening? The form, used by business owners to change VAT registration details with HMRC if unable to do so online, has...
by Gary Woosey | Apr 30, 2024 | Blog, HMRC, SME, SMEs, Tax
If your business has a turnover of £90,000 or more and sells products or services subject to VAT, then you must register to pay it and file a return to HM Revenue & Customs (HMRC) – at least once every three months. Your VAT return is a critical component of...
by Gary Woosey | Apr 23, 2024 | Blog, Finance, HMRC, SME, SMEs
If you choose to offer certain benefits to your employees, then you may incur additional Class 1 National Insurance (NI) liabilities which must be reported to HM Revenue & Customs (HMRC). This applies to benefits known as ‘benefits in kind’ (BIKs), as they are...
