Registering for VAT? Time to go online
HM Revenue and Customs (HMRC) has revamped its VAT registration process, prioritising digital applications for businesses and agents. Starting from...
Change of heart over new company reporting proposals
The Government has withdrawn draft regulations for company reporting after consultation with businesses raised concerns about imposing additional requirements. Instead,...
Question of the day -Why does tax year start on April 6?
If you have ever stopped to ask yourself, why does the tax year start on April 6, you are definitely...
FSCS provides confidence when headlines are negative
When a bank hits the headlines, it isn’t usually for good reasons. Such is the case for Metro Bank which...
Tougher measures to support small businesses in battle against late payments
Tougher measures to address late payments to small businesses have been announced by the Government. In 2022, SMEs were owed,...
Major increase to National Living Wage and its impacts
Two million people will receive a pay rise next year when the National Living Wage increases to at least £11...
Almost 430k young adults urged to claim their cash
Hundreds of thousands of young adults have an average of £2,000 sitting unclaimed in Child Trust Funds. The long-term, tax-free...
Winter Fuel and Cost of Living payments
A raft of money changes comes into play this month which could affect your finances, and as we are approaching...
Tax Diary October/November 2023
1 October 2023 – Due date for Corporation Tax due for the year ended 31 December 2022. 19 October 2023...
Change to Company Accounts filing
The Economic Crime and Corporate Transparency Bill has completed its initial journey through the House of Commons and the House...