Kittel VAT: How to control the uncontrollable
Receiving a Kittel VAT notice is something that many businesses dread. HM Revenue and Customs (HMRC) can demand the repayment of tax already reclaimed, and… Read more…
Receiving a Kittel VAT notice is something that many businesses dread. HM Revenue and Customs (HMRC) can demand the repayment of tax already reclaimed, and… Read more…
Public borrowing hit £20.5 billion in April, the highest level for that month since 1993 and nearly £3 billion above forecast. Economists warn the Chancellor
Increased borrowing could mean increased taxes, experts warn Read More »
The International Monetary Fund (IMF) has upgraded the UK’s 2025 GDP growth forecast to 1.2 per cent, citing a strong first-quarter performance and signs of
How to prepare for an unexpected economic recovery Read More »
On 8 April 2025, Companies House introduced identity verification for those who make filings on behalf of a business. It is currently a voluntary process,
Identity crisis – Companies House begins to verify identities Read More »
How much State Pension you get depends on your National Insurance (NI) record when you reach the State Pension age. Gaps in your NI record
Too many sole traders are still missing out on their State Pension Read More »
It is not uncommon for directors of a company to take loans from the business during each financial year, often to cover unexpected bills. However,
Three easy ways to manage your directors’ loan accounts Read More »
The recent rise in employers’ National Insurance Contributions (NICs) to 15 per cent will lead to a 60 per cent increase in NIC costs for
How to maximise tax relief on losses to offset higher employment costs Read More »
Cryptoassets make up a growing portion of the market, and businesses are increasingly looking to take advantage of these digital currencies. If your business carries
How HMRC treats cryptoassets disposed of by businesses Read More »
HM Revenue & Customs (HMRC) will permanently close its free service for submitting Company Tax Returns and annual accounts on 31 March 2026. Built over
HMRC is closing its free Company Tax Return service Read More »