Total Income Tax and NI income hits new high
HM Treasury has taken £77.2 billion in Income Tax and National Insurance (NI) since April 2024 – signalling the effect […]
Invoice fraud becoming a significant problem
Invoice fraud, affecting one in three companies, involves deceptive practices that trick businesses into making payments to fraudulent accounts. As […]
Taxes on the rise: A certainty, not a possibility
The new UK Government has been formed. Despite the Labour Party’s campaign and pledges around keeping tax rises to a […]
Inside the private equity boom
Private equity investment has been a significant force in the financial world for some time. However, the nature of private […]
Are you ready for changes to LLP salaried member rules?
HM Revenue & Customs (HMRC) has issued its updated guidance on salaried members in limited liability partnerships (LLPs), in relation […]
New accounting practices outlined for LLPs
The Consultative Committee of Accountancy Bodies (CCAB) has released the 2024 edition of its Statement of Recommended Practice Accounting (SORP) […]
Using an iPhone? Keep an eye out for tax refund scammers
HM Revenue & Customs (HMRC) has warned that a new wave of fraudulent text messages is targeting taxpayers using iPhones, […]
The increase to Companies House fees: What you need to know
As of 1st May 2024, Companies House has implemented revised fees, marking a significant change in the cost structure for […]
New advisory fuel rates for electric company cars
HM Revenue & Customs (HMRC) has recently announced new Advisory Fuel Rates (AFRs) that will take effect from 1 June […]
Three great reasons to file your tax return early
We often find that clients begin to show signs of stress when the Self-Assessment tax return deadline approaches. This is […]