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New Employment Rights Kick In
Business owners need to be aware of a batch of new laws that have just taken effect covering employees’ rights. There are new protections for
New Year, New Budget
It might seem like only a few weeks ago that we had the Autumn Statement, but already we’ve had news in the early days of
November Key Dates 2024
1st 1 November onwards – more details of Treasury’s Budget papers expected to be published. 7th Due date for online submission of VAT return and
Obtaining the National Insurance Number
The National Insurance Number (NINO) is, perhaps, the most important number an individual will ever be allocated as it is used by many organisations for
October Key Tax Dates 2025
1st Corporation Tax payments are due for companies with a year-end of 31st December. 19th For employers operating PAYE, this is the deadline to send
Online Live Funerals Receive VAT Exemption
Funerals that are broadcast online for well-wishers unable to attend in person are becoming exempt from VAT. During the COVID pandemic, streaming funerals became commonplace
Online Sellers Watch Out for ‘Side Hustle Tax’
You may have seen one of the early 2024 tax stories popping up in many of the national newspapers relates to a so-called ‘side hustle
Outstanding Post – HMRC Expands its Agent Team
Agents tell us that getting a response from HMRC can be time-consuming. Indeed, this was expressed to the Chancellor of the Exchequer in a letter from several
Outstanding Post – HMRC Extends its Trial
Only last month we reported that HMRC had expanded its Agent Account Manager (AAM) team and remit. From 10 July 2023, providing an agent is registered, the expanded
Plans to Close HMRC Helpline for Half a Year Halted
You may have seen somewhat of a furore breaking out in the media towards the end of the month, as HMRC announced its tax helpline
R&D Tax Relief – Additional Information Required
Research and Development (R&D) is a Corporation Tax relief that is a Government support to some UK companies working on innovative projects in science and
Reeves Under Pressure to Create Wealth Tax
The financial pressures facing Chancellor Rachel Reeves continue to mount, particularly regarding a projected £57 billion shortfall in the country’s finances. Public sentiment is shifting
Reeves Urged to Launch Tax Raid on Landlords
Labour MPs and influential advisers are urging Chancellor Rachel Reeves to “launch a tax raid” on landlords as part of efforts to fill a fiscal
Register for Self-Assessment – The Deadline Approaches
The deadline for registering for Self-Assessment is 05 October 2023 (for 2022/23 tax year with tax returns due by 31 January 2024). Individuals must complete and send
Residence Nil-Rate Band: What is it and Do You have to Claim it?
Q.1 Residence nil-rate band: What is it and do you have to claim it? I have a flat in London worth around £500,000. I moved
Revealed – UK’s Biggest Deliberate Tax Defaulters
HMRC has named over 4,000 deliberate tax defaulters since 2015, collectively owing more than £1.5 billion. These individuals or firms were penalised for deliberate errors
Scotland Creates New Higher Income Tax Band
Scottish taxpayers earning more than £75,000 are set to pay a new higher rate of 45% from 2024-25. The Scottish Government has announced the change
Self-Assessment Scammers Warning as January Deadline Nears
It’s sadly become all too common a trend in recent times, that the Self-Assessment Tax Returns deadline has become a time for criminals to exploit
September Key Tax Dates 2025
1st Corporation Tax payments are due for companies with a year-end of 30th November. 19th For employers operating PAYE, this is the deadline to send
Several Tax-Related Changes to Take Effect
A number of tax changes are set to take effect in April, with National Insurance contributions for employers and a facet of Capital Gains Tax