News

Don’t forget to update your NMW and NLW wage rates

Minimum wage rates rose on 1 April 2025. NLW now £12.21, and big increases for...

Child Benefit increases April 2025

Child Benefit has risen for 2025-26: £26.05 for eldest, £17.25 for others. Claim continues to...

Managing gross profit returns

Gross profit is one of the clearest indicators of how well your business is performing...

Dealing with supply line interruptions

Supply line interruptions can be a nightmare for any business. Whether it’s a delay in...

HMRC time to pay arrangements

If you're facing financial difficulties and owe tax, HMRC’s Time to Pay service may offer...

Business Asset Disposal Relief rates from April 2025

Business Asset Disposal Relief (BADR) provides a reduced Capital Gains Tax (CGT) rate on the...

Verifying identity at Companies House – From April 2025

New rules under the Economic Crime and Corporate Transparency Act mean identity checks will soon...

R & D clearance consultation

Following the Spring Statement, HMRC is inviting feedback on the idea of expanding the use...

Registering informal money transfer businesses

HMRC has launched a campaign targeting informal money transfer networks like Hawala, aiming to combat...

HMRC interest rate increases

HMRC has announced that interest rates for late payments will increase by 1.5% for all...

Pubs and premises insurance

In March 2025, the Pubs Code Adjudicator (PCA) wrote to all pub-owning businesses to reinforce...

Recycling changes

​As of 31 March 2025, new regulations have come into effect in England, requiring workplaces...

CGT holding over gains if you gift business assets

Gift Hold-Over Relief lets you defer Capital Gains Tax when giving away business assets or...

Time off for jury service

If your employee is called for jury service, you must allow them time off—but you're...

LLP salaried members

Not all LLP members are taxed as partners. HMRC may treat them as employees if...