HMRC’s side hustle tax campaigns
Posted by Karen Jones on February 13, 2025HMRC frequently launches side hustle tax information campaigns. If you have income from a side hustle, do you know whether you should pay tax?
Joint bank account with an elderly parent – the facts
Posted by Jon Pryse-Jones on February 12, 2025If you have a joint bank account with an elderly parent it could end up causing more problems than it solves. We explain why.
Off payroll working thresholds have changed
Posted by Jon Pryse-Jones on February 11, 2025In April 2025, off payroll working thresholds changed. Many companies have been recategorised from ‘medium’ to ‘small’ businesses.
Audit exemption thresholds
Posted by Andy Green on February 6, 2025In most cases smaller companies do not need to have an annual statutory audit but these thresholds are overridden by other considerations in some circumstances.
Report CGT on UK property – using paper forms
Posted by Karen Jones on January 31, 2025If you need to report CGT on UK property, you may need to use a paper form in some circumstances. We explain when the use of the paper form is appropriate.
HMRC has scrapped employee hours reporting from payroll reforms
Posted by Jon Pryse-Jones on January 30, 2025HMRC has scrapped plans to mandate employee hours reporting via payrolls. However, some new information has to be declared on tax returns.
Safety and security declarations needed for EU imports
Posted by Andy Green on January 23, 2025All goods imported from the EU now need a safety and security declaration. We look at how the new system works.
Make sure your business doesn’t fall foul of the Minimum Wage legislation
Posted by Jon Pryse-Jones on January 22, 2025Minimum wage legislation – it’s important to review employees wage rates regularly to make sure you are complying with the law
Reducing inheritance tax – could a deed of variation help?
Posted by Ian Henman on January 20, 2025If you’re the beneficiary of a Will, a deed of variation may be useful in reducing inheritance tax payable on the estate.
Shareholders agreements and partnership agreements – you need them!
Posted by Mark Boulter on January 17, 2025Shareholders agreements and partnership agreements are vital if you are to avoid costly and acrimonious disagreements when things go wrong.
