What tax implications can come with depreciation?
For business owners, understanding depreciation is not just about accounting practices but also about handling their taxes efficiently.
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Capital Gains Tax for SMEs – Recent trends and compliance
Collections of Capital Gains Tax (CGT) reached a record £16.7 billion in the last tax year, a notable increase from…
An overview of the Construction Industry Scheme and what it means for your business
The Construction Industry Scheme (CIS) is a Government initiative that allows contractors in the construction industry to deduct money from…
New HMRC service allows businesses that can’t pay their VAT to set up online payment plans
HM Revenue & Customs (HMRC) have recently confirmed that businesses that owe less than £20,000 in VAT can now set…
Landlords should bring UK tax affairs up to date before Renters Reform Bill is enforced in law
The Government is looking to introduce the Renters Reform Bill, which if made law, will be the biggest shake-up to…
Time is running out to check your National Insurance record
Are you planning on claiming the UK state pension? You must check your National Insurance (NI) record before 5 April…