Is your business eligible for the Employment Allowance scheme?

The Government’s Employment Allowance scheme is an opportunity all businesses can explore but it is important to check if your business fits the eligibility criteria.

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A new online service for over 35 million UK taxpayers to control their tax affairs, but why the change?

HM Revenue and Customs (HMRC) have begun to roll out its ambitious Transformation Roadmap and the first announcement from this, is a brand-new system for workers to take control of their tax affairs.

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Government borrowing at record high – how will your business be affected?

Anyone even tangentially involved in UK economics will have noticed that the future is not looking bright.Continue reading

Lack of data on UK billionaire tax figures is a concern for all

The Public Accounts Committee (PAC) are seeking clarity and understanding after their report revealed HM Revenue and Customs (HMRC) cannot identify how much tax is paid by UK billionaires.

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Why is Wealth Tax a hot topic of discussion?

As the Autumn Budget approaches, there is plenty of noise surrounding Rachel Reeves’ plans for current tax rates, whether there will be increases, freeze extensions and the potential introduction of new tax rates.

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Saving your money and the planet – How businesses can handle environmental taxes

In addition to rising operating costs and economic uncertainty, many businesses are finding themselves at risk of losing out due to environmental taxes.

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Income Tax won’t rise according to Treasury minister – but could a further freeze be on the way?

With speculation increasing and showing no signs of slowing down surrounding the potential for Rachel Reeves’ Autumn Budget to increase taxes, one Treasury Minister has spoken today, suggesting the ‘headline’ rate of income tax will not increase later this year.

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Are you on HMRC’s radar? The rising cost of money laundering compliance breaches

HM Revenue & Customs (HMRC) recently published its latest round of penalties for businesses breaching money laundering regulations, and the numbers should make any business owner sit up and take notice.

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How Dumbarton FC beat the drop – and what SMEs can learn from their business revival

More often than not, football clubs are seen as a billionaire’s plaything, where lavish amounts of money are spent at the drop of a hat on somebody to kick a ball about.Continue reading

Earn extra income? HMRC urges you to file your tax return early

If you have made more than £1,000 from a side hustle last year, you might need to tell HM Revenue & Customs (HMRC), and the earlier you do it, the better.

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If you would like to find out more about how we can help you, please give us a call or send us an email.

Phone us
01642 632032

Email us
info@bainesjewitt.co.uk

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