Business News

4 July 2025

Are your systems ready for MTD? Five things to check as the clock ticks down

HM Revenue and Customs (HMRC) is working to enhance compliance and improve efficiency with tax filings by implementing Making Tax…

4 July 2025

Mind the (tax) gap – Why HMRC may have SMEs in its sights

The tax gap, the difference between the amount of tax owed and collected, has long been a thorn in HM…

3 June 2025

Mandatory payrolling of Benefits in Kind delayed by HMRC

The delay to payrolling Benefits in Kind (BIK) to 2027 may seem like a cause of relief for many businesses…

3 June 2025

Kittel VAT: How to control the uncontrollable

Receiving a Kittel VAT notice is something that many businesses dread. HM Revenue and Customs (HMRC) can demand the repayment…

3 June 2025

Increased borrowing could mean increased taxes, experts warn

Public borrowing hit £20.5 billion in April, the highest level for that month since 1993 and nearly £3 billion above…

3 June 2025

How to prepare for an unexpected economic recovery

The International Monetary Fund (IMF) has upgraded the UK’s 2025 GDP growth forecast to 1.2 per cent, citing a strong…

3 June 2025

Identity crisis – Companies House begins to verify identities

On 8 April 2025, Companies House introduced identity verification for those who make filings on behalf of a business. It…

3 June 2025

Too many sole traders are still missing out on their State Pension

How much State Pension you get depends on your National Insurance (NI) record when you reach the State Pension age.…

3 June 2025

Three easy ways to manage your directors’ loan accounts

It is not uncommon for directors of a company to take loans from the business during each financial year, often…