With significant changes to the Furnished Holiday Let (FHL) regime coming into effect in April 2025, owners of holiday rental properties face crucial decisions about their tax position and business structure.
The latest CIPD survey of over 2,000 UK employers paints a concerning picture.
If breeding and selling animals has turned into a source of income for you, you need to make sure your earnings are declared correctly to HM Revenue & Customs (HMRC). You can earn up to £1,000 annually from casual trading…
Despite repeated calls for reform, the Government has shown little support for tackling chronic late payments, leaving businesses to fend for themselves. One effective solution is to tighten your credit control policies to manage the issue. Strengthening credit control A…
No matter how well-prepared you may think you are, things will not always go to plan. It could be a sudden shift in the market, supply chain disruptions, unexpected repairs to your office or equipment, or even a personal emergency.…
In January, the Government unveiled its Artificial Intelligence (AI) Opportunities Plan, outlining how the UK hopes to shape the AI trajectory by driving economic growth, enhancing public services, and creating new job opportunities while ensuring AI benefits society. While there…
HM Revenue & Customs (HMRC) has recently issued One to Many (OTM) letters to private equity businesses and estate agents. These letters can be sent to any business and usually highlight HMRC’s focus on compliance, urging you to review your…
From 1 April 2025, the National Minimum Wage will rise to £12.21 per hour (an increase of 6.7 per cent), meaning rising employment costs for businesses. For graduates, higher earnings can trigger student loan repayments, a factor you should consider…
From 27 January 2025, Companies House has introduced new measures allowing directors to remove their residential addresses from historical filings if they were previously used as a company’s registered office.
Scammers are increasingly targeting VAT-registered businesses with phishing attacks.
If you are hoping to maximise your State Pension, you only have two months left to take action before a key deadline on 5 April 2025.
The Bronsens Quarterly Newsletter is here, packed with essential insights for business owners, investors, and individuals looking to stay on top of financial and tax planning. Inside this issue: Major capital gains tax changes – what you need to know…
The 31 January Self-Assessment deadline has come and gone, but for 1.1 million taxpayers who missed the cut-off, the consequences are only just beginning.
We are getting ever closer to the 2025/26 tax year, when changes to payroll regulations announced last year will come into effect.
Side hustles are a great way to boost your income, but they can come with tax obligations.