HMRC prompts parents to re-register 16-year-olds for child benefit.
Did your child collect their GCSE results today? If so, depending on their chosen post-16 route, you must re-register them before 31st August 2023 (next Thursday) to continue recei
Update: Deadline for voluntary National Insurance contributions extended to April 2025
Have you topped up your National Insurance record yet? Until recently, the deadline for making voluntary contributions dating back to April 2006 was 31st July 2023. But don’t wor
Corporate Interest Restriction
The Corporate Interest Restriction (CIR) legislation limits the tax relief a group of companies can claim for deducting net interest and other financing costs to £2m per annum. Wi
Determining the place of supply for VAT purposes on international services
A common misconception post-Brexit is that there have been significant changes to the way that VAT is applied to international services. But to put it briefly, subject to certain e
Tax Simplification: the Government’s ambition to simplify the tax system
Did you know that small businesses account for 61% of private sector employment, and have an estimated turnover of £2.3 trillion? Despite this status in the UK’s business sector
Helping UK businesses with National Minimum Wage compliance
Earlier this month, the UK national minimum wages (NMW) and national living wage (NLW) increased. This came as part of the government’s attempt to accommodate low-paid workers st
How to be financially prepared for the 2023/24 tax year
Now that we’ve reached the end of the 2022/23 tax year, it’s the perfect time to set out your financial plan for the year ahead. In fact, before any more deadlines catch up wit
Upcoming Pension Tax Reform April 2023
From 6th April 2023, new measures will be introduced, allowing individuals to build their retirement savings further than previously allowed, should they continue to work past reti
Paying Capital Gains Tax on Property
If you are looking to sell a property that is not your main home, then it’s important to make sure you’re aware of the capital gains tax (CGT) that you may be required to pay.
Upcoming changes to corporation taxes and capital allowances
A large proportion of last week’s budget was dedicated to business, and as we approach the tax year-end there are a number of imminent changes to corporation tax and capital allo
