We’ve all become increasingly savvy when it comes to identifying scams, yet this hasn’t deterred fraudsters, who are finding new ways and schemes to trick businesses into parting with their hard-earned profits.
As more people turn their passion for breeding and selling animals into a source of income, HM Revenue & Customs (HMRC) will be writing to people to ensure that those involved in these activities are paying the correct tax.
As a business owner, managing your income well is vital for sustaining both your business’s health and your personal finances.
Economic uncertainty often forces businesses to seek ways to reduce expenses without sacrificing quality or service.
HM Revenue & Customs (HMRC) is reaching out to around 560,000 individuals over the next few weeks regarding their tax obligations.
Storms, heavy rain, and other severe weather conditions can cause major damage to your business premises, leading to costly repairs, loss of revenue, and in some cases, even financial ruin.
It goes without saying that submitting tax payments promptly is a necessity for businesses, not only to remain compliant but also to avoid unnecessary fines and penalties.
Recent Government data has revealed a drop in Capital Gains Tax (CGT) payments and the number of individuals paying it, a trend that might have important implications for the future.
Directors’ loans are money you borrow from your company, distinct from salary, dividends, or reimbursed expenses.
Starting next year, non-doms will face a tougher tax climate as Labour takes steps to fix what they see as outdated tax perks and overhaul Inheritance Tax (IHT) rules.