With the upcoming 7 August deadline, HMRC reports that it is still waiting for over half of those affected by Making Tax Digital (MTD) to register, let alone file their returns by the deadline. Continue reading
Category Archives: Business
National Payroll Week is the perfect time to check that your payroll records are compliant
The first week of September is National Payroll Week, and this year sees the 26th one since its inception. Continue reading
Record numbers face Dividend Tax bills: How does this affect taxpayers and investors?
The UK’s economic picture remains uncertain ahead of the Autumn Budget and with the economy growing at a very slow pace, investors and taxpayers are feeling the pinch with a record number set to face a Dividend Tax bill. Continue reading
Government borrowing at record high – how will your business be affected?
Anyone even tangentially involved in UK economics will have noticed that the future is not looking bright. Continue reading
How Dumbarton FC beat the drop – and what SMEs can learn from their business revival
More often than not, football clubs are seen as a billionaire’s plaything, where lavish amounts of money are spent at the drop of a hat on somebody to kick a ball about. Continue reading
The tax traps of director’s loans – How to avoid unnecessary charges
Director’s loans can be a useful way to access company funds, but if not managed properly, they can lead to unexpected tax liabilities.
I’ve taken over the family business and our accounting needs modernising – how do I achieve this?
Taking the helm of the family business is an exciting time and an opportunity for you to put your stamp on its operations and future direction. Continue reading
AI in tax investigations – What does it mean for you?
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Artificial intelligence (AI) is undoubtedly a major trend in accountancy and tax, with many firms, business clients and Government agencies recognising its benefits and adopting it.
Are you optimising profit extraction from your business?
If you’re a business owner of a limited company, it’s important that you know how to make the most of your after-tax profit to support your personal financial health – known as profit extraction. Continue reading
Is incorporation still the way to go for solid financial planning?
From a tax planning perspective, incorporation of a business into a limited company has long been considered the gold standard in business development and growth – but is this still the right move?