
What to do if you can’t pay your Self-Assessment tax bill on time?
The deadline for your Self-Assessment tax bill is just over a week away and you may find yourself under increasing pressure if you cannot pay it.

The deadline for your Self-Assessment tax bill is just over a week away and you may find yourself under increasing pressure if you cannot pay it.

HMRC has issued a warning to taxpayers completing their Self Assessment tax returns that their online software cannot automatically make calculations to account for the mid-year increase in the rate of Capital Gains Tax (CGT) in 2024.

The revised version of FRS 102 has now come into effect for accounting periods starting on or after 1 January 2026 and it will affect how your business prepares accounts under UK GAAP.

According to the latest statistics from HMRC, more than 4,600 Self Assessment taxpayers completed and filed their tax return on Christmas Day.

Many small business owners and self-employed individuals may consider buying a car through their business.

The Autumn Budget saw many individuals and businesses alike disheartened by measures that seemed to inhibit growth.

HMRC has issued a clear message to businesses that rely on seasonal and short-term staff that payroll compliance is not optional, even for temporary contracts.

Peak trading periods, such as Christmas, can often bring a welcome increase in sales, but they do not always guarantee consistent cash flow.

From April 2026, the cost of providing fuel with company cars and vans is rising again.

Annual reports continue to play a pivotal role in businesses’ governance and financial transparency.