The latest HMRC performance report shows that 35% of calls to HMRC call centers were not answered compared with 27.8% in January. At the same time, 69% of callers waited more than 10 minutes for the call to be picked up, the worst performance since April 2022, while...
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How Cashflow Projections Can Help Your Business
If you’re unsure what cashflow projections are and how they can benefit your business, this article will explain everything in detail.
What Should I Do During A Furlough Investigation?
Even if you legally claimed furlough support, you might be subject to an HMRC investigation. Here’s what you can do.
Employers: Set up PAYE direct debits nine working days before collection
HMRC has informed ICAEW’s Tax Faculty of a delay to the processing time to set up any new variable direct debits (DDs) to pay employers’ PAYE from 22 March onwards. HMRC has indicated to ICAEW that employers need to allow extra time to set up any new variable DDs to...
Check your national insurance record before 5 April 2023
ICAEW urges those planning to claim the UK state pension to check their national insurance (NI) record before 5 April 2023. Currently, voluntary contributions can be made to plug gaps back to April 2006, but this will be curtailed from April. The Tax Faculty has...
What You Need to Know About Tax Investigations
It’s best to understand why and how tax investigations happen so you’re not completely caught off guard. Here’s what you need to know.
Corporation tax changes: 2023
Corporation tax rates are changing for corporation tax years, starting on 1 April 2023. From this date, there will no longer be a single corporation tax rate for non-ring-fenced company profits. For most companies, the small profits tax rate will be 19% for profits of...
What are the VAT Rules for International Businesses?
Since Brexit, there have been several changes to the tax rates for VAT on products coming into the country and vice versa.
Preparing for 2023: what’s to come for HR and employment law
King’s individual employment law rights, with a number of Bills currently on their way to become law that will change existing, and provide additional, rights to employees that will help them to better balance their work and personal commitments, which is set to make...
Why You Should Submit Your Self-Assessment Now
If you haven’t by now, you’ll need to ensure you file your return before midnight on 31 January. Failure to do so risks fines and even an investigation.
You deserve more
When you start seeing results, you’ll have more time to focus on what matters most. That’s the joy of a great partnership.