
The importance of cash flow for tourism businesses
With the busy Christmas period approaching, businesses operating in the hospitality and tourism sector will be dealing with increased demand.

With the busy Christmas period approaching, businesses operating in the hospitality and tourism sector will be dealing with increased demand.

With current economic difficulties, it is crucial to ensure that you have a detailed business plan. As inflation rises, you should consider how to modify your business.


VAT-registered businesses must let HM Revenue & Customs (HMRC) of any changes to their details.

Accountants are saving businesses time and money as well as easing the pressure of rising inflation, according to a new survey.
Are you aware of the change to filing accounts at Companies House? If not, there are penalties for mistakes, so it is important to ensure that you are up to date with the latest information on these changes.

Letters have been sent out to individuals listed as ‘Persons of Significant Control’ (PSC), urging them to check and, where necessary, correct their tax returns.

HMRC is launching a new penalty regime where VAT returns are submitted late or VAT is not paid on time.

Under the Construction Industry Scheme (CIS), contractors take money from a subcontractor’s payments and send it to HM Revenue and Customs (HMRC).

The clock is ticking for taxpayers, as the countdown to submit online Self-Assessment tax returns has begun.