Business News

06 March 2024

Spring Budget 2024

The latest Budget was an important speech for the Chancellor, Jeremy Hunt, and his Government, as he laid out key measures likely to affect his party’s

04 March 2024

Beware of fraudulent tax refund offers following Self-Assessment, warns TWP

With over 11.5 million returns submitted by the 31 January deadline, Self-Assessment season has given rise to bogus rebate offers – with Surrey-based accountancy firm TWP

20 February 2024

Tax basis – Getting ready for the end of the transitional year

Are you a sole trader or a member of a partnership? Here is what you need to know about the upcoming tax basis period reforms. HM

20 February 2024

Putting the brakes on excessive National Insurance payments through car allowances

Businesses may be able to reclaim significant amounts of National Insurance Contributions (NICs) and plan for future savings because of a recent Tribunal ruling on how

20 February 2024

Please leave a message – HMRC dispute resolution hotline restricted to answerphone

HM Revenue & Customs (HMRC) has made a significant change to the way that some taxpayers access its alternative dispute resolution (ADR) scheme. Where applicants for

20 February 2024

National Insurance credit scheme will be introduced to tackle child benefit gaps

The Government plans to introduce new legislation to help parents who earn more money than others with their future pensions. In essence, if you did not

20 February 2024

Employee benefits and mandatory payroll reporting

Starting in April 2026, UK employers will have to include the benefits they give to their employees, like company cars or health insurance, directly in their

20 February 2024

UK company law is changing – Get ready now!

There is a series of impending changes to UK company law as a result of the enactment of the Economic Crime and Corporate Transparency Act last

24 January 2024

Trivial benefits in kind: A quick guide for employers

Making employees feel valued is critical for their morale, engagement, and overall well-being. Often, it's the smaller gestures that have the most significant impact on employees'

24 January 2024

HMRC sets its sights on unpaid crypto tax

As the crypto asset sector grows, with an annual growth rate predicted to reach around 12 per cent, taxpayers with digital assets need to remain tax

24 January 2024

Can you afford to miss your Companies House deadline?

For limited companies registered and operating in the UK, one of the requirements that directors must meet is filing annual accounts with Companies House. Comprising a

24 January 2024

10 steps to prevent insolvency

Despite many owners' fears, insolvency is avoidable through well-thought-out financial strategies and careful planning. There are several practical strategies for averting insolvency that you and your