How to Raise Money via the Enterprise Investment Scheme (EIS)
Enterprise Investment Scheme (EIS) is one of 4 venture capital schemes that can be used to raise money by a company. Click through to learn more!
What Happens If I Don’t Pay My Tax Bill On Time?
If you cannot pay your tax bill on time, HMRC can work with you to find a way for you to pay what you owe. Click through to learn your options.
Making Tax Digital for Income Tax Self Assessment – How Do I Sign up to MTD ITSA?
MTD for ITSA will become mandatory from April 2024 – all businesses with annual income above £10,000 will have to follow Making Tax Digital rules.
Setting Up a Ltd Company to Save Tax – Is it Worth it?
Setting up a Ltd Company to save tax was historically seen as an easy way of saving tax and national insurance (NI). However, a succession of changes since 2016 has largely curbed the tax efficiency. […]
Stamp Duty Refund Claims – Warning from HMRC
The warning comes after a recent spate of Stamp Duty refund claims to HM Revenue and Customs (HMRC) failed to meet very specific criteria.
Mini Umbrella Company Fraud – Warning Signs
HMRC’s Fraud Investigation Service is using both its civil and criminal powers to challenge those involved in mini umbrella company fraud and those facilitating it.
HMRC Compliance Check: What It Is and How We Can Help You
Have you received a letter about the HMRC compliance check? If yes, read on to find out more about the process and the help you can get.
Tax Payable on Tips, Gratuities, Service Charges
Tax payable on tips is a frequently asked question by those responsible for arrangements to share tips, gratuities and service charges amongst employees in the catering and service industries. A customer may make different types […]
Making Tax Digital – MTD for Landlords and Sole Traders from April 2024
MTD for ITSA also referred to as MTD for Landlords and Sole Traders for income tax will be effective from 6 April 2024. Click through to learn more!
How to Make a Voluntary Disclosure to HMRC?
Voluntary Disclosure is the channel by which HMRC can be informed about any non-compliant activities or errors. Click through to learn more!
Check What Financial Help You Can Get From HMRC
HMRC has called on taxpayers to check what financial help they can get from HMRC to make sure they are not missing out on any savings or tax breaks.
2022/2023: New Tax Year Changes – How Do They Affect You?
New tax year changes took effect on 6 April 2022 and here’s a list of the biggest changes that will impact your personal finances.
Making Tax Digital (MTD) for VAT Becomes Mandatory from 1 April 2022
Making Tax Digital (MTD) for VAT has become mandatory for VAT-registered businesses on 1 April 2022.
Spring Statement 2022: Key Points – Winners & Losers
Chancellor Rishi Sunak unveiled the contents of his Spring Statement with some good news for employees who have been hard hit by the rising inflation.
Corporation Tax Rate Increase in 2023 from 19% to 25% – Confirmed after Mini-Budget “U-Turn”
Corporation tax rate increase from April 2023 will result in the return of the small profit rate and main rate of corporation tax. Click through to learn more.