Blog
Here’s a little perk that employers should be aware of – Trivial Benefits.
For employers, navigating the world of employee benefits can be tricky. You want to keep your team happy and motivated, but tax implications can make things confusing. Thankfully, HMRC offers a little perk called "trivial benefits", these can be Vouchers There’s in no...
Tax and your work Christmas party
How to reward your team in a tax-efficient way. As 2023 draws to a close, many employers will be looking for ways to reward their teams’ hard work. But how can you do that in a tax-efficient way that benefits both you and your employees? Thankfully, showing your...
SELF ASSESSMENT
Self-assessment What to watch out for when navigating this important financial obligation. The UK self-assessment system has its quirks and nuances, and understanding how to stay compliant is crucial to a smooth and stress-free income tax process. From early paper...
Accountants call for drastic improvements to HMRC service
Accountants are struggling to work with HMRC at even the most basic level and are calling for urgent improvement. The overwhelming majority (93%) of respondents to an ACCA survey said that HMRC needed to make drastic improvements across at least three key areas...
Why you should get a start on your self-assessment
But by getting ahead and maintaining your records all year round, you’ll make the submission of your tax return as stress-free as possible.
Setting up a new business in the UK: a guide for expats
If you’re an expat planning to set up a business in the UK, this guide can help you understand the essentials.
HMRC to cut access to phone lines by 30%
The tax authority plans to cut the use of phone-based tax advisers by 30% within two years as it struggles to cope with increasing demand and cuts to staffing budgets HMRC chief executive Jim Harra said: ‘We want to reduce the volume of contact through phone and post...
Company vs individual: What’s best for my new landlord business?
As a landlord, you can choose to incorporate your business or run things as an individual. Each has its pros and cons. Here are some things to consider.
Tax Returns for 2022-23 – FILE NOW!
Now that we’re well into the new tax year (and approaching the 31 July payment on account), tax returns for 2022-23 can be submitted any time now, up until the deadline. We’re strongly encouraging our clients to submit their tax returns well before the January...
I haven’t declared my income for the last few years – what do I do?
If you haven’t declared previous income for a few years, you must get the ball rolling immediately. Here’s how.