E-invoicing
What is e-invoicing?
The 2025 Budget on 26 November 2025 is expected to be crucial for the long-term implications for the UK economy – announcements of tax increases
November 17, 2025
corporation tax marginal relief
Calculating corporation tax marginal relief
The rate at which a company pays corporation tax depends on the level of its taxable profits. Where a company’s profits are below the lower
November 16, 2025
Dividend Tax
How to Reduce Dividend Tax Legally in 2025/26
Dividends can be a tax-efficient way to take money out of your company but with the dividend allowance dropping to just £500 in 2025/26, many
November 15, 2025
gift money to family
Can You Gift Money to Family Tax-Free in the UK?
Gifting money (or assets) to your family can be a thoughtful way to support loved ones whether for a child’s house deposit, helping ageing parents,
November 12, 2025
Finance & Accounting>Tax Return
File your tax return by 30 December to pay your tax bill through your tax code
The normal filing deadline for the 2024/25 Self Assessment tax return is 31 January 2026. However, if you have some tax to pay under Self
November 11, 2025
Child Trust Fund
Do you have an unclaimed Child Trust Fund?
A press release recently published by HMRC revealed that 758,000 young people between the ages of 18 and 23 have a Child Trust Fund which
November 10, 2025
Marriage Tax Allowance
Marriage Tax Allowance in the UK How It Works and How to Claim It?
If you’re married or in a civil partnership, the Marriage Tax Allowance could help you save up to £252 on your tax bill each year.
November 9, 2025
Salary vs Dividends
Director Pay Explained Salary vs Dividends in 2025/26
If you’re a company director or small business owner in the UK, one of the biggest financial decisions you’ll make is how to pay yourself
November 8, 2025
Reasonable Excuse
What counts as a ‘reasonable excuse’?
A taxpayer may have grounds for appealing a penalty if they have a reasonable excuse for missing a filing or payment deadline. However, it is
November 7, 2025
Inheritance Tax
Should you withdraw your pension to save IHT?
Legislation has been published in draft for inclusion in the Finance Bill which will bring unused pension pots within the charge to inheritance tax from
November 5, 2025
Self Assessment Tax Returns
92 Days Left to File Your Online Self Assessment Tax Return
With only 92 days left until the 31 January 2026 deadline, now is the time to start preparing your Online Self Assessment tax return. Many
November 1, 2025
hmrc contact number
How to Contact HMRC Self Assessment by Phone in the UK (Updated 2025)
Filing your Self Assessment tax return can be confusing and when questions arise, sometimes you just need to speak to a real person. While HMRC
October 25, 2025
Finance & Accounting>Company
Lending from one company to another can interest be charged?
With relatively low interest rates on cash deposits, some companies are looking to invest their spare cash elsewhere, especially if investing in the company’s own
October 18, 2025
Finance & Accounting>Company Car
Company paying for fuel – A useful benefit?
Having the company pay for all your fuel might seem like a major perk. However, whether it is truly a valuable benefit depends on a
October 17, 2025
Partnership Tax Return
Filing a Partnership Tax Return Online in the UK: A Complete Guide for Partners
If you run a business partnership in the UK, one of your key responsibilities each year is submitting a Partnership Tax Return. It’s not the
October 15, 2025
growth shares benefit
Would growth shares benefit your company?
Today’s business world is increasingly competitive. In order to survive and grow, a business needs to retain talented personnel. While benefits such as medical insurance
October 13, 2025
Umbrella Company
Spotting signs of umbrella company fraud
An umbrella company is a business which may be used by a recruitment agency to pay temporary workers. However, many umbrella companies are not tax
October 9, 2025
Finance & Accounting>Company SIC Code
How to Easily Change Your SIC Code on Companies House
If your business activities have changed since you first registered your company, it’s important to update your SIC code with Companies House. This guide explains
October 8, 2025
HMRC Simple Assessment
Time to Pay for Simple Assessment
A Simple Assessment is used for taxpayers with very straightforward tax affairs. A taxpayer may receive a Simple Assessment letter from HMRC if they owe
October 6, 2025
Finance & Accounting>VAT Registration
Effective date of VAT registration
Businesses must register for VAT when their turnover exceeds the registration threshold (currently £90,000). This must be done if, at the end of any month,
October 5, 2025