Tax and Maintenance Payments
Maintenance Payments Relief reduces Income Tax for those making court-ordered payments to an ex-spouse or...
How VAT Payments on Account Work
Businesses owing over £2.3 million in VAT annually must make advance payments on account. These...
Child Benefits for over 16s
From April 2025, Child Benefit increases to £26.05 for the eldest child and £17.25 for...
Government backed Start-Up Loans
The Government-backed Start-Up Loans scheme offers unsecured loans of £500 to £25,000 per person (up...
Beware of rushing to judgement before terminating employment.
A Tribunal has ruled that a deputy security manager was unfairly dismissed, despite performing “no...
Changes to online filing of accounts at Companies House
The Online Accounts and Company Tax Return (CATO) service is scheduled to close on 31...
Why flexible planning is advisable
Flexible planning is essential for adapting to uncertainty, responding to challenges, and seizing new opportunities...
Tax Diary April/May 2025
1 April 2025 - Due date for corporation tax due for the year ended 30...
What is a salary sacrifice?
A salary sacrifice scheme lets employees swap cash salary for non-cash benefits, saving tax and...
VAT and the goods you use in your own business
Using business goods instead of selling them is usually VAT-free, but some cases require VAT...
Inheriting spouse’s State Pension
If your spouse or civil partner has passed away, you may inherit part of their...
Letting out part of your home – claiming lettings relief
Renting out part of your home may affect Capital Gains Tax when you sell. While...
More tax on business disposals from April 25
From April 2025, the Capital Gains Tax rate on Business Asset Disposal Relief rises from...
Making a negligible value claim with HMRC
A negligible value claim lets taxpayers declare an asset worthless for tax purposes, realising a...
Essential Credit Control for SMEs
A well-structured credit control system is crucial for small businesses to maintain cash flow and...