With just over a year until Making Tax Digital for Income Tax (MTD for IT) comes into effect, now’s the time to check whether your business will need to comply…
Read moreFrom 1 March 2025, HMRC has set new advisory fuel rates for company cars. These rates are used to: Reimburse employees for private mileage in a company car Cover business…
Read moreFrom 2024, digital platforms like Amazon and eBay are required to report seller information to HMRC—unless the seller made fewer than 30 sales and earned less than €2,000 (around £1,700)…
Read moreEmployers’ National Insurance Contributions (NICs) is set to change significantly in April 2025. These changes will impact businesses of all sizes, making it crucial to understand the implications and explore…
Read moreHMRC has updated its rules on how Double-Cab Pickup (DCPU) vehicles are classified for tax purposes, affecting car benefits, capital allowances, and business deductions. What’s changing? Until now, HMRC classified…
Read moreManaging care for yourself or a loved one through Self-Directed Support (SDS) offers flexibility and control, but it also comes with added responsibilities. Particularly if you opt for Option 1,…
Read moreIf you’ve had to pay for work-related expenses that your employer hasn’t reimbursed, you may be able to claim Income Tax relief. How to claim If you file a Self-Assessment…
Read moreNew figures show UK inflation fell slightly in December, down to 2.5% from 2.6% in November. While the drop is small, it has sparked speculation about possible interest rate cuts…
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