by admin | Jun 3, 2025 | Business Support |
The UK government has officially concluded its involvement with NatWest Group, formerly known as the Royal Bank of Scotland (RBS), by selling its remaining shares. This move ends nearly 17 years of public ownership that began during the 2008 financial crisis. In 2008...
by admin | May 29, 2025 | Employment & Payroll |
Employing family members can work well, but it does not mean you can skip the rules. HMRC expects full compliance on pay, tax, pensions, and working conditions—just as with any other employee. When a new employee is added to the payroll it is the employers'...
by admin | May 29, 2025 | Overseas personal tax issues |
From 6 April 2025, non-doms face a major shift as the remittance basis is replaced by the Foreign Income and Gains (FIG) regime, now determined by UK tax residence, not domicile. Reporting obligations have expanded significantly. Under the new rules, nearly all...
by admin | May 29, 2025 | Capital Gains Tax |
Business Asset Rollover Relief, allows taxpayers to defer Capital Gains Tax (CGT) on gains arising from the sale or disposal of certain business assets, provided the proceeds are reinvested into new business assets. Rather than paying CGT immediately, the gain is...
by admin | May 29, 2025 | National Insurance |
Employers must pay Class 1A NICs for 2024–25 benefits by 19 July (post) or 22 July (electronic). These apply to perks like company cars and private health cover—late payment risks penalties from HMRC. Class 1A NICs are payable by employers on the value of...
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