News and information.
From details on the latest government Budget to accountancy information, tax insights, and staff news, we've got you covered.
New tax year planning
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The start of the new tax year warrants as much planning as the end of the old tax year.
CONTINUE READINGSmall employers’ relief
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Statutory payments can be problematic to administer for smaller employers, but in a rare instance of generosity HMRC compensates for this. Also, from 6 April 2025, the rate of compensation will almost triple from the current 3% to 8.5%.
CONTINUE READINGSide hustles and tax obligations
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HMRC has recently launched their Help for Hustles campaign to help people earning extra income to understand their tax obligations.
CONTINUE READINGLate payment interest warning
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A warning for the 1.1 million taxpayers who missed the 31 January filing deadline. It isn’t just penalties you will be incurring for subsequent late payment, but also late payment interest.
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