As an owner or director, it may be possible for you to pay less tax on your income from your company through dividends.
Hybrid company cars: What do you need to know?
With the sale of new petrol and diesel cars set to cease in 2030 and rising fuel costs, the demand for hybrid and electric cars is on the rise.
New HMRC service allows businesses to set up online payment plans for VAT owed
HM Revenue & Customs (HMRC) have recently confirmed that businesses that owe less than VAT £20,000 can now set up a payment plan online.
Self-Assessment tax returns threshold to change for 2023-2024 tax year
HM Revenue & Customs (HMRC) has revealed plans to increase an individual’s income threshold before being required to submit a self-assessment tax return.
Key factors to consider when starting a business
Setting up a new business is not merely about innovative ideas or immense passion. It also demands careful planning and research.
Benefits of hiring an accountant for your start-up
Running a start-up can take its toll, with the inevitable early struggle of managing and overseeing every role within the business.
Strategies for SMEs: Surviving the interest rate hike
As interest rates in the UK rise, small and medium-sized enterprises (SMEs) will undoubtedly feel the pinch. Interest rate changes can be effectively managed by SMEs by reviewing and altering the financial processes within their organisations to ensure outstanding debts are quickly resolved. The Bank of England has recently pushed interest rates up to 4.5 […]
What do you need to know about Income Tax?
If you’re feeling unsure about your Income Tax obligations, it’s important to understand what you are required to pay, how you pay it and what to do if you haven’t paid enough or have paid too much.
Is your business ready for the new tax year?
Getting the tax year off to a good start will help you to optimise your overall financial position. But you need to plan ahead.