New advisory fuel rates for electric company cars - June 2024

HM Revenue & Customs (HMRC) has recently announced new Advisory Fuel Rates (AFRs) that will take effect from 1 June …

Three great reasons to file your tax return early - June 2024

We often find that clients begin to show signs of stress when the Self-Assessment tax return deadline approaches. This is …

The rise of the higher rate taxpayer - May 2024

The Government continues to freeze both the personal allowance and the higher-rate income tax thresholds – leading to an increase …

High-income earners need to re-register for child benefit - May 2024

Child benefit supports parents or guardians of children under 16, or under 20 if in approved education, by contributing towards …

P11D – Remember to report before the July deadline! - May 2024

With the 6 July deadline nearing, it is essential to understand the updated reporting requirements for Class 1 National Insurance …

SME recovery continues as sustainability and growth take centre stage - May 2024

In its latest research into the UK’s SME economy, NatWest Group has identified an encouraging trend among the country’s independent …

Preparing for the second payment on account – and what happens when you can’t pay? - May 2024

If you are a Self-Assessment taxpayer, it is almost time to make your second ‘payment on account’ – advance payments …

Gratuities and tips – What the delay to the Employment (Allocation of Tips) Act 2023 means for you - May 2024

The Department of Business & Trade (DBT) has released the finalised draft of the Code of Practice on Fair & …