2 March 2023
Small businesses saw a sharp increase in the length of time clients took to pay their invoices last month, according to data from accounting software Xero. The amount of time businesses had to ...
2 March 2023
Taxpayers have been reminded that a penalty deadline for unpaid Self-Assessment tax is imminent. HM Revenue & Customs (HMRC) will automatically add a penalty to your tax bill equal to five per cent ...
28 February 2023
It’s important to stay up to date with the latest regulations and requirements related to taxes, including Value Added Tax (VAT) to avoid penalties. HM Revenue & Customs (HMRC) recently reminded businesses about ...
14 February 2023
The Valuation Office Agency (VOA) has updated the rateable values of all business, and other non-domestic, properties in England and Wales. They will take effect from 1 April 2023. Business rates are a ...
9 February 2023
If you are running a business, handling VAT returns can be complex. You may have submitted returns with errors previously if you were unsure of what to do and could be at risk ...
1 February 2023
As a director, have you ever considered taking a loan from your company? If so, it’s important to be aware of the potential risks associated with an overdrawn director’s loan account (ODLA). What ...
1 February 2023
Selling a business in the UK can be an exciting journey for those looking for opportunities to expand their portfolio. From securing the best deal to navigating complex tax laws and regulations, it's ...
26 January 2023
We are in the early part of a new year and for many, it is a time when you may be considering a change of direction by setting up your own business. There ...
25 January 2023
As a new business owner, you may feel you can manage your workload single-handedly. However, this will not always be the case. As your business grows and evolves, you will eventually need an ...
20 January 2023
The cost-of-living crisis can be a challenging time for businesses, with many additional costs being added to business expenses. As a result of this, many business owners are faced with difficulty including staffing ...
18 January 2023
The 2021 to 2022 tax year saw a considerable amount of people aged 65 and over filing a tax return. A report released by HM Revenue & Customs (HMRC) revealed that 16 per ...
