How to prepare for an unexpected economic recovery
The International Monetary Fund (IMF) has upgraded the UK’s 2025 GDP growth forecast to 1.2 per cent, citing a strong first-quarter performance …
Category Newswire
Identity crisis – Companies House begins to verify identities
On 8 April 2025, Companies House introduced identity verification for those who make filings on behalf of a business. It is currently a voluntary proc…
Too many sole traders are still missing out on their State Pension
How much State Pension you get depends on your National Insurance (NI) record when you reach the State Pension age. Gaps in your NI record could affec…
Three easy ways to manage your directors’ loan accounts
It is not uncommon for directors of a company to take loans from the business during each financial year, often to cover unexpected bills. However, yo…
How to maximise tax relief on losses to offset higher employment costs
The recent rise in employers’ National Insurance Contributions (NICs) to 15 per cent will lead to a 60 per cent increase in NIC costs for a business…
How HMRC treats cryptoassets disposed of by businesses
Cryptoassets make up a growing portion of the market, and businesses are increasingly looking to take advantage of these digital currencies. If your b…
HMRC is closing its free Company Tax Return service
HM Revenue & Customs (HMRC) will permanently close its free service for submitting Company Tax Returns and annual accounts on 31 March 2026. Built…
Joint owners of Furnished Holiday Lets prepare for increased taxes
With the abolishment of the specific tax considerations for Furnished Holiday Lets (FHL) from the beginning of the current tax year, owners need to pr…
Beware tax avoidance scheme promoters – HMRC cracks down with new powers
Recent Government estimates suggest that as much as £1.8 billion is lost every year due to tax avoidance schemes. That money, designated to fund scho…
Is your remuneration strategy still tax-efficient in 2025/26?
Business owners who pay themselves through a combination of salary and dividends should revisit their remuneration strategy this tax year. With Income…