Statutory Redundancy rights
Redundant? You could receive up to £30,000 tax-free, whether it’s statutory pay or a better...
Tax relief for landlords replacing domestic items
Swapped an old fridge or carpet in your rental property? Landlords can claim tax relief...
Tax and employee suggestion schemes
Have you set up a suggestion scheme for ideas that could save or earn you...
Still time to repay private fuel costs and avoid tax charge
Use a company car for personal trips? Avoid a hefty tax charge by reimbursing your...
Understanding VAT Bad Debt Relief
Struggling with unpaid invoices? If you've paid VAT to HMRC but never received payment from...
Higher rate tax relief on pension contributions
Want to make the most of your pension savings? You could claim up to 45%...
£13.9bn of R&D funding
The UK government has announced a record-breaking £13.9 billion in research and development (R&D) funding...
UK Responds to New US Tariffs
The UK’s Business and Trade Secretary, Jonathan Reynolds, has set out the government's position following...
Tax Diary May/June 2025
1 May 2025 - Due date for corporation tax due for the year ended 30...
Employment Restrictions After Termination: Be Cautious
Kau Media Group (KMG) Ltd. sought to enforce two post-termination employment restriction (PTRs) contained in...
Make the most of trivial benefit payments 2025-26
Small gifts can mean big tax savings! Use the trivial benefits exemption in 2025-26 to...
Filing ATED return April 2025
From April 2025, updated ATED rates apply to residential properties held by companies and other...
Checking your tax code for 2025-26
Do you know what your 2025-26 tax code means? It affects how much tax is...
Frozen tax allowances and fiscal drag
Tax thresholds frozen till 2028? That’s fiscal drag in action - more tax paid without...
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...