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 »
Businesses in the UK are facing increasing financial strain, with new data from HM Revenue & Customs (HMRC) showing that tax arrears have hit £28
Are rising tax arrears putting your business at risk? Read More »
Many businesses routinely offer financial support to their directors or employees in the form of loans.
Do you need to report that loan? The £10,000 rule and P11D implications Read More »
With less than a year to go before Making Tax Digital for Income Tax (MTD for IT) becomes mandatory for sole traders and landlords earning
The countdown to Making Tax Digital for Income Tax – Who is affected first? Read More »