A selection of business news and articles to help make your business a success
It’s now five years since the UK – and most of the rest of the world – went into Covid lockdown, and various things have changed since that period. One major benefit was a significant acceleration in the advancement of some technologies, such as video conferencing...
If your business has had any kind of errors in Pay As You Earn (PAYE) for your payroll, you could be facing a penalty from HMRC for not operating your PAYE correctly, including anything from not filing something at the right time, or failing to do something...
Many companies offer employee benefits to encourage the best people to join their team, or maximise the chances of encouraging existing employees to stay. But are the benefits you offer as effective as you think they are? Recent research from employee benefit...
From April 6, anyone managing a pension scheme will need to submit their pension scheme return (PSR) on the Managing Pension Schemes service, with the Pension Schemes Online service no longer being used for this. This will apply to the returns for 2024/2025 and you...
Around 1.1m of us missed the January 31 deadline to file our self-assessment tax returns for the 2023/24 tax year. For each person, this means at least a £100 penalty and potentially additional charges if the return continues to not be filed or the tax due paid for a...
Meeting tax obligations is costing UK firms around £15.4 billion a year according to the National Audit Office (NAO), the body responsible for scrutinising public spending, and it appears HMRC is underestimating these costs to taxpayers. This has a major impact on the...
February saw another cut in the Bank of England base rate by another 0.25 percentage points to 4.5%, the third cut since August 2024. But while this should provide some relief for mortgage and credit card borrowers, savers will also see the interest they are paid on...
Now is the time to work towards maximising your end-of-year tax planning, before the new tax year starts on April 6. If you haven’t used all your allowances and reliefs for this tax year, then in the coming month, you should make the time to address this. By using up...
It’s a sad fact that more people choose to divorce in January than any other month. Many families will realise over Christmas, due to the extra time they spend together, that they are no longer the happy family they once were. Plus, many of us have a desire to change...
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