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HMRC set to modernise direct debit system for employer PAYE - August 2022

HM Revenue & Customs (HMRC) has announced plans to offer a recurring direct debit to employers as part of their …

Calls for Government to tackle late payments to small businesses - August 2022

A new study has revealed the cashflow struggles faced by small businesses across the UK, resulting in calls for Government …

I can’t pay my tax bill – what should I do? - August 2022

With fluctuating incomes and the costs of living hitting businesses and individuals alike, people who have never previously had any …

COVID business loans scheme extended for two years - August 2022

The Recovery Loan Scheme, which helped businesses throughout the pandemic, has been extended for a further two years. Launched on …

Group companies – Considerations ahead of the Corporation Tax rise - August 2022

Corporation Tax (CT) rates are set to rise in the UK from 1 April 2023. From this date, the main …

‘Umbrella’ contracts firm loses £11m tribunal case against HMRC - July 2022

A company has lost an £11 million dispute with the taxman over whether contract construction workers were entitled to claim …

Britons lose millions in penalty charges as they cash in LISAs - July 2022

Thousands of Britons facing a cost-of-living crunch have been withdrawing funds from their Lifetime ISA (LISA) accounts and getting hit …

How to minimise Inheritance Tax bills as house prices surge - July 2022

More and more people are being drawn into paying Inheritance Tax (IHT), as the price of property soars. This is …