Gifts Gifts are tax free to employees if they are non cash, cost £50 or less and are not part of a contractual entitlement or recognition of performance. Any gifts…
If you’re thinking of putting a vehicle through a limited company there are several key tax considerations around company cars, benefit-in-kind (BIK) tax, allowable expenses, and VAT treatment. 1. Ownership:…
If you're a sole trader and considering buying a vehicle through your business, there are many important tax considerations to be aware of. 1. Business vs Personal Use You can…
What you need to know and how to prepare ahead of the Autumn 2025 changes You may have recently received communication from Companies House outlining upcoming changes to identity verification…
Register as an Employer with HMRC: Before paying employees, you need to register with HMRC to operate PAYE (Pay As You Earn). This should be done at least four weeks…
From April 2026, the way some self-employed individuals and landlords manage their taxes is going digital—and it’s not optional. Here’s what you need to know and how to prepare. Who’s…
In an increasingly digital world, the security of financial data has never been more crucial. As cyber threats continue to evolve in both complexity and frequency, safeguarding sensitive financial information…
As a small business owner, staying on top of tax changes and compliance requirements is crucial to keeping your business running smoothly. With new updates coming into effect, now is…
What does Making Tax Digital mean? Making Tax Digital for Income Tax will require self-employed individuals and landlords to keep digital records and send simple quarterly updates to HMRC. HMRC…
The tax year end of 5 April 2025 is fast approaching and there may be some steps you can take to maximise available allowances and to potentially save yourself some…