Posts by Paige Collins
Just over 200 businesses, including some of the country’s best-known retailers, have failed to pay the minimum wage. They will have to repay workers and face penalties of up to £7 million. The minimum wage rules can be complex. The fact that some major retailers have been caught out shows...
New PAYE process for HICBC
One of the many criticisms aimed at the High-income Child Benefit Charge (HICBC) is that...Intestacy entitlement increase
If an English or Welsh domiciled person dies without leaving a Will, the amount that...Self-assessment threshold rises from 2023/24
Self-assessment threshold rises from 2023/24 There is a long list of reasons why it is...
Selling power back to the grid With continuing high electricity prices, now could be a very good time to install...
The Ofgem price cap returns From 1 July, the energy price cap set by energy regulator, Ofgem, will fall from...
Self-employed taxed on accounting year profits until 2023/24. Transition to tax year system leads to catch-up tax on over 12 months' profits.
If Jeremy Hunt did produce a ‘rabbit-out-the-hat’ in his Spring Budget, it was the announcement of the effective abolition of...
The government's tax policies are expected to increase the number of higher rate taxpayers and boost corporate tax revenue significantly.
Business owners can earn interest on directors' loans with low tax implications, but only patient and compliant directors will benefit.
