The Insolvency Service has recently published information confirming that a total of 831 company directors were banned in 2023-24 for Covid support scheme abuse, up more […]
Understanding Tax-Free Mileage Expenses and Mileage Allowance Payments (MAP) If you use your own vehicle for business journeys you may be able to claim a tax-free allowance […]
HMRC has been forced into an embarrassing climbdown on plans to close the Self-Assessment, VAT and PAYE helplines from early April until September this year. HMRC […]
The taxable turnover threshold that determines whether businesses should be registered for VAT will increase from £85,000 to £90,000 from 1 April 2024. The taxable turnover threshold that […]
ECCT Act. Companies House rolls-out new powers. The first measures under the Economic Crime and Corporate Transparency Act 2023 (ECCT Act) came into force on Monday, […]
Class 1A National Insurance Contributions (NICs) represent a specific financial obligation primarily shouldered by employers. These contributions are levied on a wide range of non-cash benefits […]
Understanding Tax relief for working from home Remote working has become increasingly common, and with it, the importance of understanding tax relief for home-based employees has […]