News

Settling energy disputes

Business owners that are in dispute with their energy suppliers will be interested in the free support on offer from ...
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COVID Bounce Back abuse

The Insolvency Service has recently published information confirming that a total of 831 company directors were banned in 2023-24 for ...
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Paying VAT on goods from EU to Northern Ireland

There are special procedures for moving goods in and out of Northern Ireland. Under the Northern Ireland Protocol, all Northern ...
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VAT retail schemes

VAT retail schemes are a special set of schemes used by retail businesses to account for VAT. The schemes are ...
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Termination payment clearance process

The tax treatment of termination payments has changed significantly over recent years. The changes have aligned the rules for tax ...
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HMRC continues to target till fraud

HMRC has, for many years, looked to target businesses that deliberately undertake electronic sales suppression (ESS). ESS happens where a ...
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Using the starter PAYE checklist

Employers that take on a new employee need to work out which tax code and starter declaration to use in ...
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Accessing the HMRC mobile APP

HMRC’s free tax app is available to download from the App Store for iOS and from the Google Play Store ...
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What do we mean by profit?

When most business owners refer to business profits, they are likely to mean the difference between sales and costs, and ...
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New employment protections

New legislation, including three Government backed cross party Acts, came into force from 6 April 2024. Pregnant women and new ...
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Measures to support household budgets from 1 April

In a recent press release the government confirmed the following policies to support household incomes from 1 April 2024. The ...
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To register or not to register

In the recent Spring Budget, the VAT registration threshold was raised to £90,000 (previously £85,000) which means that smaller businesses ...
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Tax-free mileage expenses

If you use your own vehicle for business journeys you may be able to claim a tax-free allowance from your ...
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Online check how to import or export goods

HMRC has a useful online tool to help UK business owners check how to import or export goods. This online ...
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Restarting a dormant or non-trading company

HMRC must be informed when a non-trading or dormant company starts trading and becomes active for Corporation Tax purposes. Companies ...
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Claim tax relief if working from home

If you are an employee who is working from home, you may be able to claim tax relief for part ...
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Claim tax relief on pension contributions

You can usually claim tax relief on private pension contributions worth up to 100% of your annual earnings, subject to ...
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More about emergency tax codes

The letters in an employee’s tax code signify their entitlement (or not) to the annual tax free personal allowance. The ...
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