How should multiple self-employed incomes be treated
Running more than one self-employed business? HMRC will not always treat them as separate. Whether they are taxed as one...
Why filing early makes sense
Filing your 2024-25 Self-Assessment return early means faster refunds, better budgeting, and no deadline stress. Do not delay, start gathering...
How to check employment status
HMRC’s CEST tool gets a revamp from 30 April 2025, with clearer questions and updated guidance to help users decide...
Repay private fuel provided for company cars
Employees using company fuel for private journeys can sidestep a hefty benefit charge by repaying the full private fuel cost...
Employers, don’t forget to pay Class 1A NIC
Employers must pay Class 1A NICs for 2024-25 benefits by 19 July (post) or 22 July (electronic). These apply to...
Tax Diary June/July 2025
1 June 2025 – Due date for corporation tax due for the year ended 31 August 2024. 19 June 2025...
How to avoid the car fuel benefit tax charge
If you drive a company car and your employer pays for your fuel, including for personal use, you could be...
Business cost reductions – the low hanging fruit
Every business reaches a point where reducing costs becomes a priority. Whether due to tighter margins, falling demand, or a...
Inflation back up again
Today’s (21st May) inflation figures have certainly stirred the economic waters. The Office for National Statistics (ONS) reported that UK...
Are we heading for quarterly tax payments?
The roll-out of Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA), due from April 2026 for the self-employed and...