by Gary Woosey | Oct 17, 2023 | Blog, Online Payment, PAYE, SME, Tax
Among the long list of financial responsibilities that you must handle as a business owner is ensuring PAYE are made on time. In October 2023, the electronic payment deadline for your PAYE tax bill falls on Sunday, 22 October. To meet this deadline, your cleared funds...
by Gary Woosey | Oct 10, 2023 | Blog, SME, Tax
Recent data from HM Revenue and Customs (HMRC) reveals a significant trend – an increasing number of UK taxpayers are filing their Self-Assessment tax returns within the first week of the new tax year. In fact, the number of early filers has surged by nearly...
by Gary Woosey | Oct 3, 2023 | Blog, SME, Tax
HM Revenue and Customs (HMRC) has always been at the forefront of embracing technological advancements to make tax-related processes more straightforward for businesses and individuals. Recently, HMRC has rolled out a series of new online tools aimed at simplifying...
by Gary Woosey | Sep 19, 2023 | Blog, SME
As we approach the end of September, businesses across the UK are gearing up to meet the inaugural deadline for the Economic Crime Levy (ECL) payment. HM Revenue & Customs (HMRC) has enabled this process by launching an online payment service, a move that signals...
by Gary Woosey | Sep 12, 2023 | Blog, Pension, SME
The issue of unclaimed pensions is a growing concern, with numerous individuals unaware of the pensions that are rightfully theirs. Recent data reveals that unclaimed pensions amount to a staggering £28,000 per person. As an employer, you have a pivotal role to play...
by Gary Woosey | Sep 5, 2023 | Blog, SME, Tax
While Inheritance Tax (IHT) is a topic that many find uncomfortable to discuss, it is an unavoidable aspect of estate planning. With HM Revenue & Customs (HMRC) collecting a significant £2.28 million in IHT penalties in the last tax year, it is evident that the...
