Payroll errors affect a quarter of UK employees
Posted by Jon Pryse-Jones on July 11, 2024New research has found that 25% of employees have experienced payroll errors. Why do these happen, and what can you do about them?
Do you pay tax on tips? A brief guide
Posted by Karen Jones on July 8, 2024“Do you pay tax on tips?” It may be a simple question, but the answer is surprisingly complex. In this article we take a closer look.
Income taxpayers to leap by 4.4 million in 3 years
Posted by Jon Pryse-Jones on July 4, 2024According to recent statistics from HMRC, millions more of us are become income taxpayers. We look at why this is happening.
MTD for VAT penalties and reporting requirements
Posted by Mark Ingle on July 3, 2024Since April 2022, all VAT registered businesses have had to comply with MTD for VAT. We look at the MTD for VAT penalties for non-compliance?
VAT rules on carbon credits have changed
Posted by Mark Ingle on July 1, 2024On 1 September 2024, the VAT rules that apply to voluntary carbon credits changed. We explain what you need to know.
Tapered Annual Allowance, Pensions and Carry Forward..
Posted by Laurence Sanderson on July 1, 2024Understanding what tapered annual allowance is and how carry forward works should help you assess what can be done to minimise the loss of tax relief on your pension.
Charities and VAT: HMRC and definition of ‘business activity’
Posted by Karen Jones on June 28, 2024HMRC changed the way it defines ‘business activities’ sometime ago. This could have implications for organisations, charities and VAT liability.
HMRC enforcing Business Asset Disposal Relief limit
Posted by Karen Jones on June 17, 2024HMRC is telling people who have claimed more than the £1m Business Asset Disposal Relief lifetime limit to amend their tax returns.
Plastic Packaging Tax Returns – what do I need to know?
Posted by Ben Locker on June 14, 2024We tell you all that you will need to know about plastic packaging tax and tax returns.
Check your payslips often
Posted by Ben Locker on June 7, 2024Check your payslips often to ensure that you are getting all you are entitled to is our advice. We take a look at things that could be wrong.
