Latest News

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…

6 May 2025

How to maximise tax relief on losses to offset higher employment costs

The recent rise in employers’ National Insurance Contributions (NICs) to 15 per cent will lead to a 60 per cent…

6 May 2025

How HMRC treats cryptoassets disposed of by businesses

Cryptoassets make up a growing portion of the market, and businesses are increasingly looking to take advantage of these digital…