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
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
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
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
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
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
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
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
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
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,
The rules governing VAT (Value Added Tax) in the UK especially when it comes to online marketplaces have evolved substantially in recent years, and 2025
Individuals who claim higher or additional rate relief for personal pension contributions through their tax code may now need to provide evidence in support of
When you start or manage a company in the UK, one of the key regulators you’ll deal with is Companies House the official registrar of
What is an SA109 Form in the UK? When completing a UK Self Assessment tax return, most individuals are familiar with the standard SA100 form.
The Employment Allowance (EA) is a valuable relief for UK businesses, helping reduce the cost of employer National Insurance (NI) contributions. But not every business
HM Treasury’s recent ‘Policy Costing Document’ published to accompany 2024 Autumn Budget contained two sentences which appear to have gone d by many financial commentators, being
Even the best laid plans are liable to change. The ‘payback and clawback rules’ for VAT reflect this reality. These rules only relate to input
Interest rates are coming down, but HMRC’s official rate of interest (ORI) for employee loans has increased to 3.75% per annum (6 April 2025) and,
The tax code is fundamental to the operation of PAYE. An employee’s tax code provides the employer with the information needed to deduct the correct
There are various ways in which profits can be extracted from a personal or family company. A popular and tax-efficient extraction strategy is to pay
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