Families missing out on financial support as children return to school

With the new school year fast approaching, HM Revenue and Customs (HMRC) is prompting families to make use of up to £2,000 a year towards their child’s wraparound care.

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Interest rate hike puts pressure on taxpayers behind on payments

In light of the recent increase in the Bank of England’s base rate, HM Revenue & Customs (HMRC) has announced a rise in interest on both late paid tax and repayments of tax.

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Hard pressed SMEs struggling with cashflow challenges

A huge majority of small businesses are ploughing more money into their business than they are taking out for a least one month of every year.

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Planning is key for owner-managed businesses

Being your own boss is a dream for a lot of individuals, however, the reality of running your own business can be stressful.

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Tax year basis reform: How does this change affect me?

In the second blog of this series on tax year basis reforms, we will examine how these changes could affect unincorporated businesses.

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Firms founded during the pandemic could add £20 billion to economy

British businesses formed during the pandemic could be a significant driving force for the UK economy.

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Help to Grow: Digital Scheme receives a boost

More than a million businesses can now benefit from Help to Grow, as the eligibility criteria expands to cover businesses with at least one employee.

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Tax year basis reform: Should I change my year-end?

In the first blog of this series on tax year basis reforms, we will be discussing the new rules that will affect how unincorporated businesses are taxed from 2023 to 24 and consider whether it is worth changing your accounting period.

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Supply chain issues to drive warehouse construction growth

Construction output is expected to rise by 2.5 per cent this year, according to a trade body survey.

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New VAT Registration Service (VRS) set to launch

HMRC is introducing a new VAT Registration Service (VRS), it has been revealed.Continue reading→

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