News

The importance of discretion – don’t send inappropriate messages during working hours!

An Employment Tribunal confirmed that using an employer's preferred method of communicating with employees to...

When can you deregister for VAT?

Considering VAT deregistration? Whether compulsory or voluntary, knowing the rules, deadlines and risks of delay...

The transition from FHL to Property Rental business

Tax perks for Furnished Holiday Lets have ended. From April 2025, lettings fall under standard...

Deadline for paying Class 1A NIC

Employers must pay Class 1A NICs on 2024-25 benefits by 19 July (22 July if...

HMRC interest rates following Bank of England rate cut

Following a Bank Rate cut to 4.25%, HMRC late payment and repayment interest rates will...

MTD for Income Tax deadline is approaching

MTD for Income Tax starts 6 April 2026 for the self-employed and landlords with £50k+...

Save up to £2,000 a year on childcare costs

Is your child starting school this September? Tax-Free Childcare could save you up to £2,000...

Why filing early makes sense

Filing your 2024-25 Self-Assessment return early means faster refunds, better budgeting, and no deadline stress...

Still recording your accounts on spreadsheets?

For small and medium-sized enterprises (SMEs), adopting accounting software offers a range of practical benefits...

Landmark economic deal with United States

On 8 May 2025, the UK government announced a landmark trade agreement with the United...

Electronic invoicing consultation

The government wants your say on e-invoicing. Quicker payments, fewer errors, and better VAT reporting...

Changes to VAT on donations to charities

The government is consulting on new VAT relief for goods donated to charities for free...

Income reporting threshold increased

The £3,000 reporting threshold for trading, property, and other income will simplify tax returns—300,000 people...

Mandating the Payrolling of benefits in kind update

HMRC has delayed mandatory payrolling of benefits in kind by a year to April 2027...

Reversal of requirement to report more detailed employee hours paid

The government has scrapped plans for detailed PAYE reporting of employee hours from April 2026...