Date What’s Due 01/08 Corporation tax payment for year to 31/10/23 (unless quarterly instalments apply) 19/08 PAYE & NIC deductions, and CIS return and tax, for month to 5/08/24 (due 22/08/24 if you pay electronically) 01/09 Corporation tax for year to 30/11/23 (unless quarterly instalments apply) 19/09 PAYE & NIC deductions, and CIS return and […]
In the aftermath of the General Election, Chancellor Rachel Reeves has formalised the creation of the National Wealth Fund (NWF) – a crucial pledge in the Labour Party manifesto designed to boost the UK’s infrastructure. Through a combination of public and private funding, the Fund aims to incentivise and facilitate investment by the private sector […]
Surrey-based accountancy firm, TWP, has cautioned workers over the potential tax implications of the rise in flexible working – as almost two-thirds of people now occupy a flexible or partially flexible role. The challenge, said the firm, lies partially in the fact that ‘flexible’ encompasses a wide range of working arrangements which may have vastly […]
Over 200,000 pensioners – mostly women – are expected to receive letters from HM Revenue & Customs (HMRC) informing them that they are entitled to a payment of £5,000. The payments are due following errors made by the Department for Work and Pensions (DWP) resulting in underpayments to state pensions. Those mainly impacted by the […]
Recent surveys indicate a mounting concern among British citizens regarding their retirement savings. As the cost-of-living crisis continues and the economy stays unpredictable, many people are worried they won’t have enough money to retire comfortably. The latest research from Wealth at Work revealed that 39 per cent of employees think they will never be able […]
The Bank of England has once again voted to keep interest rates at 5.25 per cent – a 16-year high. However, the minutes from the Bank’s most recent rate-setting committee suggest that they are looking to cut interest rates this August. If true, this would be the first drop in borrowing costs for more than […]
Private equity investment has been a significant force in the financial world for some time. However, the nature of private equity has changed considerably in the last few years and it’s worth knowing how this may affect your business. Background Traditionally, private equity involved investment firms raising funds from investors to acquire stakes in companies. […]
The new UK Government has been formed. Despite the Labour Party’s campaign and pledges around keeping tax rises to a minimum, expert opinion suggests that future rises are inevitable. The inevitability of higher taxes For the foreseeable future, the freeze on most tax thresholds is likely to remain in place. The thresholds’ freeze means that […]
Invoice fraud, affecting one in three companies, involves deceptive practices that trick businesses into making payments to fraudulent accounts. As fraudsters’ techniques become more sophisticated, businesses must understand their tactics and the potential impact on operations. Here are some common techniques used by fraudsters: Fake invoices: Fraudsters create counterfeit invoices that appear legitimate. They might […]
HM Treasury has taken £77.2 billion in Income Tax and National Insurance (NI) since April 2024 – signalling the effect of the freeze in the Personal Allowance and Income Tax bands and thresholds. Taxpayers have seen two landmark cuts to employee NI payments, falling from 12 per cent to 10 per cent after the 2023 […]
The quality of our advice has seen us accredited with coveted Platinum Partner status by Xero – a leading provider of accounting software.
The quality of our advice has seen us accredited with Gold Partner status by FreeAgent – a leading provider of accounting software.
Request a call back