Tell HMRC about unpaid tax on cryptoassets

Where cryptoasset tokens (also known as cryptocurrency) are held personally, this investment is usually undertaken...

Tread carefully when using temporary contracts to confer tax breaks

A recent ruling has established that temporary worker arrangements do not constitute a single, continuous...

Understanding the responsibilities of company directors

Taking on the role of a company director is more than holding a title. Directors...

Reviewing insurance cover

Many businesses arrange insurance in the early days and then only look at it again...

Beware of the risks of engaging employees as sham contractors

Recently, a clear legal precedent confirmed that the nature of an individual's work is determined...

Paying Class 4 NICs

If you are self-employed and your profits are above £12,570, you may need to pay...

When you don’t need to make payments on account

If you file a Self-Assessment return you may need to pay your tax in three...

Advantages of VAT Flat Rate Scheme

If your business has relatively low VATable expenses, the VAT Flat Rate Scheme can simplify...

Taxable benefits for use of company car

The tax you pay on the use of a company car depends largely on its...

Business Asset Disposal Relief – the present rates

If you are thinking about selling a business or shares, it is important to understand...

Why ID verification is supposedly good for business

Last week, we covered the new requirement for directors and persons with significant control (PSCs)...

Valuing and pricing goods and services

For any business, knowing how to value and price what it sells is fundamental to...

Facing change with confidence

Change is part of every business journey. Whether it is prompted by new technology, regulation...

Claiming for working at home

Employees who are working at home may be entitled to claim tax relief on certain...

Claiming lettings relief

If you have tenants in your home, it’s essential to understand the Capital Gains Tax...

Reporting foreign income to HMRC

If you are UK resident and receive income from abroad, such as overseas wages, rent...

Reliefs and allowances for Corporation Tax purposes

Companies can reduce their Corporation Tax bill through a range of reliefs, including R&D credits...

Report and pay Capital Gains Tax

If you sell assets such as shares or land, you may need to report your...

Have you verified your ID at Companies House?

From 18 November 2025, all company directors and people with significant control (PSCs) will be...

Don’t be tempted to withhold pay as a form of leverage

Ms Constantine had been a veterinary surgeon since 2017. Initially, she had worked every day...

Why solvency is the true test of business strength

Every successful business, no matter how innovative or fast-growing, ultimately depends on one simple measure:...

UK productivity remains disappointingly weak

The UK continues to struggle with low productivity growth, a long-running challenge that shows little...

CIS – qualifying for gross payment status

The Construction Industry Scheme (CIS) is a set of special rules for tax and National...

Loss of personal allowance – the £100k ceiling

For the current tax year, taxpayers with adjusted net income between £100,000 and £125,140 will...