Side income over £1,000 may mean filing a tax return. HMRC is urging part-time earners to check their tax position for 2024-25, especially if they earn from casual work, renting, or crypto.
If you
You may need to submit tax returns for someone who has died. As the personal representative, you are legally responsible for reporting income earned before and after death.
This person, known as the
From 2025, Companies House is rolling out new identity verification requirements for directors, people with significant control (PSCs), and anyone forming or managing a UK company. These changes form
Artificial intelligence (AI) is no longer something for big tech firms alone - it is becoming a practical tool for small businesses, especially when it comes to financial management and
Get a clear view of your future pension. Use the enhanced online service to check, boost, or track your State Pension entitlement.
The enhanced Check Your State Pension forecast service is available
HMRC missed out on £46.8bn in tax last year. Small businesses and Corporation Tax make up the biggest share of the shortfall.
The tax gap for the 2023-24 tax year has been published and is estimated
Struggling with late-paying customers? The VAT Cash Accounting Scheme helps protect cash flow by taxing only what you have received.
The VAT Cash Accounting Scheme is designed to support businesses
From April 2024, the cash basis is the default method for sole traders and most partnerships when preparing Self-Assessment returns. Designed to simplify tax reporting, the cash basis lets businesses
If you’ve spent your own money on clothing or tools you need for work, you might be able to claim tax relief. In this context, a business expense is a cost that is wholly and exclusively incurred for