Whether you employ one worker or one thousand, Real Time Information (RTI) for payroll helps businesses stay on top of compliance and ensures employees pay the correct amount of tax.
The Office for Tax Simplification (OTS) will explore whether there is a case for moving the UK’s tax year end date.
The last tax year has not long ended, but now is the time to think about how you report taxable benefits provided to your employees.
Some 2.8 million people took advantage of the Self-Employment Income Support Scheme (SEISS) in the last year, the latest figures have revealed.
Reminder letters are being sent out to tens of thousands of UK companies explaining changes in the Making Tax Digital (MTD) system and how it affects them.
Businesses who are required to use Making Tax Digital (MTD) for VAT but not registered could face fines of up to £400, it has been warned.
The Bounce Back Loan Scheme (BBLs) which has been described as a ‘giant bonfire’ of taxpayers’ money by a senior banker, has seen fraud investigations rise by more than 50 per cent in some areas.
If you manage a business and record its expenses and revenue, you need to find a recording system that suits you. While cash basis accounting has its benefits, accrual accounting can be a more powerful tool for operating your business.
Small and medium-sized firms could get a discount of up to 50 per cent on the costs of business software under the new Help to Grow scheme, it has been revealed.
Sixty per cent of small businesses (SMEs) are planning to recruit more staff over the coming months as we emerge from lockdown.
Almost all workers should now be enrolled into a workplace pension under the Automatic Enrolment scheme. But as the employer, your legal duties do not end there.
New Government advice will help traders submit customs import declarations for non-controlled goods imported from the EU, it has been announced.
It was confirmed this April that employees can continue to claim tax relief on work from home costs not reimbursed by employers, but only if they make a new claim for the 2021/22 tax year.
Major business bodies have this week launched a new supply chain guide in an attempt to address the worsening late payment crisis.
The coronavirus pandemic hit the hospitality industry particularly hard, with no remote or home-working options viable for these employees and many still on furlough.