What is the Worldwide Disclosure Facility and when should you use it?
If you have undeclared income or assets held overseas, you may owe tax in the UK.
Category Business
The tax traps of director’s loans – How to avoid unnecessary charges
Director’s loans can be a useful way to access company funds, but if not managed properly, they can lead to unexpected tax liabilities.
What are PAYE Settlement Agreements and how can they benefit employers?
PAYE Settlement Agreements (PSAs) are a convenient tool for employers, allowing them to cover the tax and National Insurance contributions (NICs) on specific benefits provided to employees.
I’ve taken over the family business and our accounting needs modernising – how do I achieve this?
Taking the helm of the family business is an exciting time and an opportunity for you to put your stamp on its operations and future direction.
Are you planning a rebrand for your business? Here are some financial factors to consider
Rebranding isn’t just about designing a creative new logo or catchy tagline—it’s about capturing the essence of your company’s identity, core values, and reputation.
Support your team on and off the clock with childcare reforms
As an employer, it’s crucial to support your team not only during working hours but also in their personal lives.
Navigating pricing strategies in a cost-of-living crisis
Setting the optimal price for your products can be difficult to navigate.
Six simple ways to cut your business costs
The last few years have been challenging for many businesses across the UK. Between the aftereffects of Covid, inflation and issues with the supply chain, it has become increasingly difficult to make a profit.
AI in tax investigations – What does it mean for you?
Artificial intelligence (AI) is undoubtedly a major trend in accountancy and tax, with many firms, business clients and Government agencies recognising its benefits and adopting it.
What should you avoid when transitioning to Making Tax Digital for Income Tax Self-Assessment?
From April 2026, the Government’s Making Tax Digital (MTD) initiative will move to target self-employed individuals and landlords.