7 March 2023
Fuel rate boost for electric car drivers, but other advisory fuel rates cut
Company car drivers will see changes to the amount they can claim back for fuel costs from their employer from 1 March. HM Revenue & Customs (HMRC) has also confirmed
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2 March 2023
Self-Assessment taxpayers warned of next payment deadline
Taxpayers have been reminded that a penalty deadline for unpaid Self-Assessment tax is imminent. HM Revenue & Customs (HMRC) will automatically add a penalty to your tax bill equal to
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23 February 2023
100% Electric Cars – Why Should I Take Notice?
Overview We get asked a lot whether our clients should have company cars and over recent years you will have heard us say No! Due to how heavily they are
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21 February 2023
Time is running out to check your National Insurance record
Are you planning on claiming the UK state pension? You must check your National Insurance (NI) record before 5 April 2023. Are you eligible for the UK state pension? To
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21 February 2023
What do you need to know about Inheritance Tax?
Are you thinking about the tax implications of your estate and what this could mean for your loved ones after you pass? If you have a high value estate, this
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15 February 2023
How can you deal with VAT return errors?
If you are running a business, handling VAT returns can be complex. You may have submitted returns with errors previously if you were unsure of what to do and could
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14 February 2023
Businesses need to be prepared for changes to business rates from April
The Valuation Office Agency (VOA) has updated the rateable values of all business, and other non-domestic, properties in England and Wales. They will take effect from 1 April 2023. Business
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9 February 2023
Think about the support you need for your business
Your business may be sailing along quite nicely, or it may be struggling with the effects of shortages, rising prices and an energy crisis. In both cases could be time
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9 February 2023
Taxation planning should be an ongoing process, not just pre-Budget
With the Spring Budget looming in March, it is easy to be tempted to delay tax planning until afterwards in hopes of favourable tax cuts. However, the Chancellor has made
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9 February 2023
How can you achieve taxation ‘quick wins’ before the end of the tax year
With the end of the tax year fast approaching on 5 April, it makes sense to assess your tax situation and make use of the reliefs and allowances available to
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9 February 2023
MTD for ITSA is delayed. Should you still go ahead with cloud accounting?
Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA) will now come into effect in April 2026 for businesses, self-employed individuals, and landlords with gross business and/or property income over £50,000. This
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9 February 2023
What you should include in a business plan
Business plans provide goals to work towards, help identify potential problems, give insight into competitors, and highlight potential opportunities. A great business plan should include a concept, strategy, executive summary,
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