Young people urged to cash in their government savings pot
More than 670,000 18-22 year olds, yet to claim their Child Trust Fund, are reminded to cash in their stash...
Penalties for late filing of company accounts
There are late filing penalties which are designed to encourage companies to file their accounts and reports on time. All...
How would a Mansion Tax or Wealth Tax work?
There is no present mansion tax or wealth tax in the UK, but there is speculation that the Labour Party...
Business sectors that need to comply with anti-money laundering regulation
Under UK law, the Proceeds of Crime Act 2002 (POCA) sets out the framework for tackling money laundering and the...
Business concerns continue to plague UK SMEs
In the UK, business owners are grappling with inflation, labour shortages, access to finance, and supply chain disruptions, all of...
Financial Services Compensation Scheme
In the UK, bank deposit protections are provided through the Financial Services Compensation Scheme (FSCS). The FSCS offers a safety...
Restricted access to the Winter Fuel Allowance is confirmed
Parliament has agreed that the Winter Fuel Allowance payable 2024 will be limited to pensioners in receipt of Pensions Credits...
What can we expect from the October Budget?
As the October 2024 Budget approaches, several key tax measures are anticipated based on Labour’s manifesto and previous policy announcements....
New regulations for Online Digital Platform Operators
To comply with the new digital platform regulations effective from 1 January 2024, platform operators must register with HMRC. Here...
Tax Diary September/October 2024
1 September 2024 – Due date for corporation tax due for the year ended 30 November 2022. 19 September 2024...