With less than a year to go before Making Tax Digital for Income Tax (MTD for IT) becomes mandatory for sole traders and landlords earning over £50,000, it is important to start preparing.
When it comes to Statutory Sick Pay (SSP), most payroll teams are confident in calculating payments for a single period of absence.
This week is Mental Health Awareness Week, and an important opportunity to reflect on how we manage wellbeing in the workplace.
Most directors do not expect to face personal tax bills in the millions.
From 1 May 2025, HM Revenue & Customs (HMRC) reduced its road fuel scale charges, reflecting a drop in fuel prices.
The change to Making Tax Digital is fast approaching, and we have been preparing for the big changes coming to self-employed individuals and landlords. This article explains what these changes will mean. Making Tax Digital (MTD) will apply to income…
The Government has confirmed that the mandatory payrolling of benefits in kind (BIK) and taxable employment expenses will now be introduced from April 2027, a year later than initially planned.
The Bronsens Quarterly Newsletter is here, packed with essential insights for business owners, investors, and individuals looking to stay on top of financial and tax planning. Inside this issue: Making Tax Digital expands – what the next phase means for…
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 employing minimum wage staff, according to the Centre for Policy Studies. With no…
Cryptoassets make up a growing portion of the market, and businesses are increasingly looking to take advantage of these digital currencies. If your business carries out activities involving the exchange of cryptoassets, then you are liable to pay tax on…