What you need to consider when starting up a business
With a new year upon us, you may be considering a new start by setting up your own business.
A new VAT penalty system is now in effect
A major overhaul of VAT penalties came into effect on 1 January 2023. This new approach changes how penalties are applied, as well as how interest is calculated and paid. In this article, we’ll break down what you need to know about the changes.
How to protect your business in the cost-of-living crisis
The cost-of-living crisis can be a challenging time for businesses, with many additional costs being added to business expenses.
Large number of over 65s file Self Assessment tax return
The 2021 to 2022 tax year saw a considerable amount of people aged 65 and over filing a tax return.
What is the reason for changing a business structure?
There are many reasons for changing how a business operates which may include changing relationships between business and customers. As online trading grows exponentially, businesses are also pursuing new economic activities in virtual markets.
Companies House goes fully digital
Companies House has gone fully digital after the announcement of the closure of its office in London and all filing being transferred online.
HMRC penalties alert as 5.7 million still to file tax returns
Taxpayers have been warned that they could face a penalty after HM Revenue and Customs (HMRC) said 5.7 million were still to file their Self-Assessment returns.
How can your businesses cut costs?
As the cost-of-living crisis continues, your business might be looking for ways to cope with soaring energy bills and interest rates.
Thousands file tax returns on Christmas Day
More than 22,000 taxpayers went online over Christmas Eve, Christmas Day and Boxing Day to complete their Self-Assessment tax return.
How to read a set of management accounts
In order to grow and succeed, you need to effectively manage your finances and monitor the health of your business.
