When a discretionary bonus becomes enforceable

Where an employee is promised a discretionary bonus as an incentive, an employer may be...

Company accounts are going fully digital

An important change is coming to the way companies file their annual accounts. From 1 April...

How Is Your Business Performing?

The latest figures from the Office for National Statistics suggest that conditions remain challenging for...

Evidence required to support business expense claims

Self-employed individuals can deduct allowable business expenses from their income when calculating taxable profits. However...

Have you reviewed your workers’ employment status?

Businesses should regularly review whether individuals working for them are correctly classified as employees, workers...

Benefits of claiming the Annual Investment Allowance

Businesses investing in qualifying assets may be able to claim the Annual Investment Allowance (AIA)...

Tax relief for uniforms and protective clothing

Employers providing uniforms or protective clothing to employees need to understand the tax and National...

What is a reasonable excuse for missing a tax deadline?

Missing a tax deadline can result in penalties from HMRC, but a taxpayer may be...

Recovering VAT on pre-registration costs

Businesses that register for VAT may be able to reclaim VAT paid on certain goods...

Are your employment policies ready for workplace reforms?

Employment law continues to evolve, and businesses should keep a close eye on forthcoming changes...

Could your business survive a cyberattack?

Cybercrime is no longer a problem that only affects large organisations. Increasingly, small and medium-sized...

All online harassment is unacceptable, in any context

A recent ruling has determined that targeting individuals online, even on a private group chat...

When to register for Corporation Tax

Companies and other organisations that are liable for Corporation Tax must ensure they register with...

Benefits of SEIS and EIS Advance Assurance

Businesses seeking investment through the Seed Enterprise Investment Scheme (SEIS) or Enterprise Investment Scheme (EIS)...

Official rate of interest for beneficial loans

Employers providing loans to employees or directors need to ensure they correctly calculate any taxable...

Incorporation Relief may reduce your CGT bill

When a sole trader or partnership transfers a business to a limited company, a chargeable...

HMRC penalties for failing to notify a tax liability

If you become liable to pay a tax or register for a tax that HMRC...

Tax relief on pension contributions for employees

Receiving tax relief on pension contributions into a workplace pension is a great way to...

Why successful businesses prepare before conditions improve

Economic uncertainty has affected the confidence of many small business owners. Rising costs, changing customer...

Could better digital skills transform your business?

Technology is changing the way businesses operate, and the pace of change is only increasing...

Tax Diary September/October 2026

1 September 2026 - Due date for corporation tax due for the year ended 30...

Amending a mistake on your tax return

What happens if you discover a mistake on your tax return? The good news is...

Tax breaks for company bikes

Employers can usually provide bicycles and cycling equipment to employees as a tax-free benefit. The...

Making the most of the £1,000 property allowance

The £1,000 property allowance is a helpful for individuals with small amounts of property income...