Posts by Paige Collins
The private sector off-payroll working rules have been in place since April 2021, but for the first 12 months businesses have benefitted from HMRC’s relaxed stance on penalties. HMRC will now, however, penalise mistakes made in applying the rules. HMRC will charge penalties for any inaccuracies relating to the operation...
Company insolvencies on an upward trend
Although showing a slight improvement from March, the number of company insolvencies in April of...Energy – Easing the Pressure of Rising Cost
In late May, the former Chancellor announced new measures to counter the rising cost of...Charitable giving pitfalls
Many individuals donate to charity simply for altruistic reasons, but this doesn’t mean the tax...
Buy a raffle ticket and stand a chance to win an experience of a lifetime, a track day at the...
A downside to running a limited company is that financial reports are publicly available. However, micro-entities and small companies do...
Small business owners face a double hit when prices rise - on their own spending power, and less revenue from cash-strapped customers.
Making Tax Digital (MTD) will become mandatory for the self-employed and landlords in 2024. Although there is no major news, a recent webinar co-hosted by HMRC has shed more light on the sign-up process, the use of spreadsheets and joining the pilot scheme.
Student loan rule changes for England and Wales starting in 2023 will see many paying more than their predecessors. Read more here.
Making Tax Digital (MTD) for VAT has been in place for three years, and from 1 April, all VAT-registered businesses should have applied MTD.
