Promoting and encouraging continual colleague feedback, recognition and kudos are vitally important for job satisfaction – after all, everyone likes to know how they are getting on! Recognising…

Landlords with undisclosed, or under-disclosed, rental income are in HMRC spotlight again, with the threat of demands for back payment of taxes, along with associated interest and penalties.…

Upcoming basis of assessment reforms will alter the way trading income is allocated to tax years for the self-employed. The basis period will be changed from a current…

HMRC’s new penalty system for late VAT returns and payments will be enforced from January 2023. The current system With the current system, HMRC can charge a financial…

The tax incentives offered under the Seed Enterprise Investment Scheme (SEIS) and Enterprise Investment Scheme (EIS) are very attractive but come with some stringent criteria to follow. What…

A series of articles from The Times newspaper has placed a greater level of exposure on businesses illegitimately claiming Research and Development (R&D) tax credits. Over the past…

There are numerous factors that must be considered when choosing your company’s pay frequency. From accounting needs, HMRC deadlines and, most importantly, how it will affect your employees.…

A record £3.5 billion of inheritance tax (IHT) was gathered by the Treasury in the first half of 2022, the highest on record. Released last week, figures from…

Chancellor Jeremy Hunt has announced the government will axe almost all the tax cuts it announced in last month’s mini-budget. In an emergency statement this morning (17 October),…