Advice

It has been over one year since the off-payroll working rules (IR35) changed in the private and voluntary sectors. Some organisations who engage contractors in those sectors who didn’t need to [...]

Farming is a unique industry. Whether you run a small or large farm that is livestock or crop, farming runs differently from most businesses. Unlike other industries, farming is completely [...]

Despite the fact that audits need to take place from a legal point of view, a business can benefit a lot more from audits than they may initially believe. They can provide valuable information [...]

We are in a period of high inflation of prices for goods and services. The Office for National Statistics (ONS) shows one of the inflation indices has increased by 6.2% in the 12 months to March [...]

HMRC’s guidance on the taxation of tips, gratuities, service charges, and troncs has been updated to include information on how to manage electronic payments. The guidance clarifies that an [...]

With Russia’s invasion of Ukraine creating additional fiscal uncertainty in the UK and around the globe, economic growth slowed in February and, according to the Office for National [...]

Corporation Tax is paid by UK businesses, based on their annual profits. Although at the time of writing, corporation tax is currently 19% across the board, this will increase for some businesses [...]

HMRC has issued clear instructions on when businesses new to Making Tax Digital (MTD) VAT from April 2022 should complete the sign-up process. From the start of their first VAT accounting period [...]

Millions of households are facing a rise in energy costs, alongside increases in the cost of council tax, water bills and other utilities and there is a warning of fresh energy bill price rises [...]

The Spring Statement amendments have no effect on voluntary class 2 national insurance contributions, however class 4 losses may need to be recorded separately. Individuals with adjusted trading [...]