Don’t forget to pay your Class 1A NIC
Employers must act now to meet the deadline for paying Class 1A NICs for 2024–25 to avoid HMRC penalties. These ...
File and paying CGT after property sales
Capital Gains Tax on certain residential property sales must be reported and paid within 60 days to avoid penalties and ...
Struggling to fund your July tax payment?
The second 2024-25 payment on account for self-assessment taxpayers is due on 31 July 2025. If you are finding it ...
Goodbye remittance basis hello FIG
Since 6 April 2025, the remittance basis of taxation for non-UK domiciled individuals (non-doms) has been replaced by the Foreign ...
The impact of frozen personal allowances
The impact of frozen personal allowances often leads to fiscal drag, a situation where individuals pay more tax as their ...
The Employment Allowance – what you can claim
As of April 2025, more employers can claim the increased £10,500 Employment Allowance thanks to relaxed eligibility rules. This increase ...
Being paid directly is not a confirmation that you are an employee
A Tribunal has provided a landmark ruling over employer-employee status in the context of direct payments made under the Care ...
Tax Diary August/September 2025
1 August 2025 - Due date for corporation tax due for the year ended 31 October 2024. 19 August 2025 ...
Why exit planning matters – even in the early years of your business
Starting and growing a business is an exciting and demanding challenge. It is easy to focus all your energy on ...
Autumn Budget 2025: What Changes Might Be on the Horizon?
As we look ahead to the Autumn Budget 2025, it is clear that the Chancellor, Rachel Reeves, will be under ...
Who is liable to Income Tax at Scottish rates?
Where you live determines if you pay Scottish Income Tax. The rules are not based on where you work, who ...
Pension contributions, net pay or relief at source?
Your pension scheme type affects your tax relief. Workplace pensions offer tax benefits, but the method used, net pay or ...
Tax returns for a deceased taxpayer
You may need to submit tax returns for someone who has died. As the personal representative, you are legally responsible ...
What if you no longer need to submit a tax return
You must tell HMRC if you no longer need to file a tax return. Whether you have stopped trading or ...
Setting up a payroll scheme
Registering for payroll is essential when hiring staff. From HMRC registration to legal compliance, getting payroll processes right ensures your ...
Do you have additional income streams?
Side income over £1,000 may mean filing a tax return. HMRC is urging part-time earners to check their tax position ...
How AI is changing your business
Artificial intelligence (AI) is no longer something for big tech firms alone – it is becoming a practical tool for ...
Are you ready for Companies House ID checks?
From 2025, Companies House is rolling out new identity verification requirements for directors, people with significant control (PSCs), and anyone ...