Reporting tax fraud nets whistleblowers £509,000
Posted by Jon Pryse-Jones on August 22, 2023Reporting tax fraud netted whistleblowers over £500,000 during the last tax year. But would a more transparent system recoup more?
The power of financial forecasting – and how you can get it right
Posted by Ben Locker on August 14, 2023Are you considering introducing financial forecasting to your business? We look at its benefits and offer tips on getting it right.
Allowable expenses for employees – could you claim back tax?
Posted by Karen Jones on July 31, 2023If you are employed, you may be able claim tax relief on a range of allowable expenses for employees – without having to fill in a tax return
Inherited pensions may become subject to income tax
Posted by Ian Henman on July 24, 2023HMRC has announced new proposals that could remove tax-free benefits on pensions inherited by someone who died before the age of 75.
Simplified expenses for self-employed people – a quick guide
Posted by Jon Pryse-Jones on July 19, 2023What are simplified expenses for self-employed people? And are they worth claiming? We take a look at the pros and cons.
Do you pay tax on state pension? You might have to soon
Posted by Jon Pryse-Jones on July 13, 2023Thanks to the ‘triple lock’ and high inflation, many people face paying tax on state pension payments. We explain why this is happening.
How to protect yourself against pension and tax scams
Posted by Ben Locker on July 11, 2023HMRC recently issued advice on how to avoid pension and tax scams. We show you how to protect yourself from the scammers.
Free business advice for Essex firms
Posted by Mark Ingle on July 6, 2023Is your company based in Essex? If so, you may be able to benefit from 12 hours of free business advice from Backing Essex Business.
Tax gap at £36bn – small businesses to face HMRC scrutiny?
Posted by Ben Locker on June 26, 2023HMRC has released its latest tax gap figures. With small businesses accounting for 56% of unpaid tax, will SMEs be in the taxman’s sights?
Self-assessment threshold change – what you need to know
Posted by Karen Jones on June 19, 2023The self-assessment threshold for PAYE income has changed. This post tells you what you need to know about the new threshold.
