Supreme Court rules roof replacement company must pay £2.5 million VAT bill
A roof replacement company has been hit with a £2.5 million tax bill after a ruling that the insulated roof panels it supplied did not qualify for a VAT-reduced rating.
How to prepare for payroll year-end
As the end of the financial year approaches, businesses across the UK are preparing to navigate the intricacies of payroll year-end.
Embracing the future: AI and automation in cloud accounting
Artificial Intelligence (AI) is becoming increasingly advanced so, as a business owner, you need to get on board or you might get left behind.
How do I grow my business internationally?
Many businesses find that they have gone as far as they can in the domestic market and are looking for new frontiers to explore.
Digital fraud: What do you need to know?
Digital fraud, also known as cyber fraud or online fraud, refers to any type of fraudulent activity that takes place in the digital space.
Have you made your voluntary National Insurance (NI) contributions?
You will now have more time to make any voluntary National Insurance (NI) contributions, as the deadline has been extended. A Written Ministerial Statement on 7 March 2023 announced that the original deadline of 5 April 2023 has been pushed back to 31 July 2023, in response to public concerns about the closure of the voluntary contribution window.
How you can improve your business performance
You are an established business and doing well, but you are still ambitious and looking to improve and expand.
Travel expenses: What do you need to know?
Travel expenses are costs incurred by an employee whilst travelling on behalf of their company, which is away from their usual place of work.
Are you handling your records effectively?
Effective financial record keeping is crucial for any business owner to maintain compliance with tax regulations and gain a clear understanding of their financial status.
Self-Assessment taxpayers warned of next payment deadline
Taxpayers have been reminded that a penalty deadline for unpaid Self-Assessment tax is imminent.
