Self-Assessment tax returns threshold to change for 2023-2024 tax year
HM Revenue & Customs (HMRC) has revealed plans to increase an individual’s income threshold before being required to submit a self-assessment tax return.
Category Blog
The benefits of outsourcing payroll in the tourism industry
While all businesses are free to manage their payroll in-house, there are many benefits to outsourcing this to an expert team of payroll professionals.
Key factors to consider when starting a business
Setting up a new business is not merely about innovative ideas or immense passion. It also demands careful planning and research.
R&D tax relief rates – Have your plans adapted to the recent changes?
The UK Government has long encouraged businesses to invest in R&D projects, believing it to be at the forefront of economic growth.
Benefits of hiring an accountant for your start-up
Running a start-up can take its toll, with the inevitable early struggle of managing and overseeing every role within the business.
Tips for launching a seasonal business
The allure of a seasonal business is strong for many entrepreneurs.
What do you need to know about Income Tax?
If you’re feeling unsure about your Income Tax obligations, it’s important to understand what you are required to pay, how you pay it and what to do if you haven’t paid enough or have paid too much.
Quarterly VAT return and payment deadline approaching
Most businesses in the UK will need to submit VAT returns and payments every three months, with strict deadlines for these submissions set in place by HM Revenue & Customs (HMRC).
UK Corporation Tax for start-ups: what you need to know
Corporation Tax is a critical element that start-ups need to be aware of when starting their new venture.
Social value strategies and the benefits for your business
The actions of organisations and their impact on their community are scrutinised heavily. A business can often see its reputation rise or fall depending on the views of the outside world, so it is important that businesses have solid social…