What are the current Income Tax bands and allowances?
Income Tax applies to earnings, pensions, savings, dividends and more, with different bands across the...
How to gain a competitive advantage
In every market, businesses face competition. Some competitors may be larger, others may have deeper...
Why increasing an overdraft to fund losses is a dangerous game
Many business owners see their bank overdraft as a flexible safety net. When cash runs...
Tax Diary September/October 2025
1 September 2025 - Due date for corporation tax due for the year ended 30...
Applying for Home Responsibilities Protection
Did you know a missing Home Responsibilities Protection (HRP) record could reduce your State Pension...
Using the 159 helpline
If a call from your bank feels suspicious, just hang up and dial 159 to...
When dividends cannot be paid
Under the Companies Act 2006, dividends can only be paid from realised profits, never from...
What is the pension’s Money Purchase Annual Allowance?
The Money Purchase Annual Allowance (MPAA) is a pension rule designed to prevent individuals from...
What happens if you cannot pay your tax bill?
If you cannot pay your tax bill, it’s crucial to contact HMRC as soon as...
Company director disqualification
Company directors have a legal duty to act responsibly and in the best interests of...
Tripartite arrangements don’t necessarily enable an agency to escape accountability
The question was raised as to whether, in a tripartite agency relationship, an employment relationship...
Management buyouts: benefits for owners and teams
A management buyout keeps the business in familiar hands. The team that already understands customers...
Improve cash flow with smarter invoicing habits
Why cash flow matters
Profit is important, but cash pays wages, suppliers and loan repayments. Even...
Definition of a building sub-contractor
Know the rules for contractors & subs under CIS to avoid issues with HMRC.
Under the...
VAT – digital record keeping
HMRC requires businesses to maintain accurate VAT records to ensure correct tax payments. While all...