The long-awaited, much anticipated and dreaded first Budget of the new Labour government was delivered to Parliament on 30 October 2024 – by the Chancellor, Rachel […]
Changing a company’s year-end date (also known as the “accounting reference date”) can offer several potential benefits, such as trading or tax advantages. Changing a company’s […]
Running a small business in Herne Bay presents unique challenges, especially with its tourism-driven economy. From fluctuating income to managing VAT, local businesses must adapt their […]
Starting a new business in Herne Bay is both exciting and challenging. With its coastal charm and growing entrepreneurial scene, Herne Bay offers numerous opportunities for […]
Hiring young workers or employees under the age of 16 requires employers to comply with specific legal obligations, including proper tax deductions and ensuring employee rights. […]
Understanding the New Penalties for Late VAT Returns and Payments The rules governing penalties for late filing and payments of VAT (Value Added Tax) returns have […]
Understanding Tips at Work and Their Tax Implications Tips received at work do not contribute to your earnings for calculating the National Minimum Wage. However, you […]
In a significant move to enhance workers’ financial well-being, the government has revamped the remit of the Low Pay Commission (LPC). This update ensures that, for […]
When considering making significant lifetime gifts, it’s essential to understand the rules surrounding Potentially Exempt Transfers (PETs) and their implications for inheritance tax (IHT). What Are […]