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 Business Advice
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).
Tips and tricks for maintaining your cash flow
Reviewing and maintaining your cash flow is essential for business growth.
How can you prepare for the basis period reform?
We are currently in the transition period for the basis period reform, which is set to come into full effect from the 2024/25 tax year.
What salary should I take as a director of a limited company?
Being a director of a limited company means having the ability to pay yourself in a different manner to being a typical PAYE employee.
Avoid stress and prepare for payroll year-end
It is that stressful time of year again with the payroll year-end fast approaching.
Fuel rate boost for electric car drivers, but other advisory fuel rates cut
Company car drivers will see changes to the amount they can claim back for fuel costs from their employer from 1 March.
How you can improve your business performance
You are an established business and doing well, but you are still ambitious and looking to improve and expand.
What you should include in a business plan
Business plans provide goals to work towards, help identify potential problems, give insight into competitors, and highlight potential opportunities.
How to navigate your first year as a business
Starting your own business is a major achievement and you will have spent a lot of time planning this venture and hoping for success. But navigating through the first year of this new business will be essential to achieve your…