Recent data from HM Revenue and Customs (HMRC) reveals a significant trend – an increasing number of UK taxpayers are filing their Self-Assessment tax returns within the first week of the new tax year.
Author Archive: John
Outsourcing your accounting: The path to growth
One thing that can significantly limit your business – even from its very inception – is poor accounting practices.Continue reading
The crucial role of sales forecasting
As an owner of a small to medium-sized enterprise (SME), juggling numerous responsibilities comes with the territory. Overseeing operations and growing your client base are vital tasks, but the key role of sales forecasting can sometimes be overlooked.Continue reading
How the National Living Wage increase could affect businesses
At the latest Conservative Party conference, it was confirmed that the National Living Wage will be officially rising to £11 an hour for those over the age of 23, starting from April 2024.
How HMRC’s new online tools can help you simplify taxation
HM Revenue and Customs (HMRC) has always been at the forefront of embracing technological advancements to make tax-related processes more straightforward for businesses and individuals.
How could new “open banking enhancements” benefit your business?
Your business could benefit from a new scheme being run by HM Revenue & Customs (HMRC).Continue reading
Tax reliefs business owners can claim amidst record Corporation Tax payments
HM Revenue and Customs (HMRC) recently reported a record-breaking increase in Corporation Tax receipts for the 2022/23 tax year.
18-year-olds to be included in auto-enrolment expansion
A recently approved Bill proposing an extension to the auto-enrolment (AE) scheme will facilitate “earlier and increased savings” for millions of young people across the UK.
Five strategies for leveraging financial forecasting
In the dynamic world of business, financial foresight is not just a luxury; it’s an essential ingredient for success.
Closing on the inaugural Economic Crime Levy payment – What you need to know
As we approach the end of September, businesses across the UK are gearing up to meet the inaugural deadline for the Economic Crime Levy (ECL) payment.