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HMRC sets its sights on SMEs over UK tax gap
The tax gap in the UK – the difference between the amount of tax owed and the amount that has ...
The hidden economy: What income should you declare?
The number of individuals participating in the UK’s ‘hidden economy’ is increasing according to recent research. A surge in additional ...
Management accounts: The importance of having a clear view of your business during uncertain times
In times of economic uncertainty, businesses should have a clear plan to ensure that they can navigate any potential financial ...
Time to exit: New research shows many business owners are planning ahead
New research from wealth management firm Evelyn Partners has revealed that the majority of business owners with companies that earn ...
Are banks supportive of SMEs and willing to assist their growth?
Small and medium-sized businesses (SMEs) have struggled to access finance from banks for a while, with many having to turn ...
Car vs Van – Tax treatment of electric vehicles
There have been several important tax decisions previously regarding the difference between vans and cars, but how do the different ...
Roadside charging – How to account for credit card payments
With a growing number of company car owners using electric vehicles, many are deciding or being permitted to use company ...
Late interest penalties hit 1.4 million taxpayers – and it could get worse
The 2020/21 tax year saw 1.4 million people charged interest on overdue tax payments – a 15 per cent increase ...
Trivial benefits in kind and the advantages they give to employers
It is important for employees to feel valued in the workplace. A lot of the time, it is the little ...
Changes to free childcare, but higher earners will still miss out
In the Spring 2023 Budget, the Government laid out plans to shake up the current free childcare system – but ...
