News

The rules that govern who pays Income Tax in Scotland is determined by whether an individual is considered a Scottish ...

Employees with a second job, third job or more may be able to defer or delay paying Class 1 National ...

VAT road fuel scale charges are fixed, standardised amounts that businesses must use to account for output VAT when they ...

There are now less than 2 months to the self-assessment filing deadline for submissions of the 2024-25 tax returns. We ...

HMRC has published a new Making Tax Digital newsletter. This newsletter is mainly intended for taxpayers and agents who are ...

The Financial Services Compensation Scheme (FSCS) has raised its savings guarantee for bank deposits, increasing the deposit protection limit from ...

Many modern companies insist on the inclusion of restrictive covenants to limit the freedoms of employees upon the termination of ...

As we look ahead to 2026, there is growing speculation about how the Bank of England will manage interest rates ...

Food and energy costs remain central concerns for households and businesses because they influence everything from wages to margins to ...

Starting in 2028-29, the government will introduce a High Value Council Tax Surcharge (HVCTS) for residential properties in England valued ...

In the Autumn Budget, the Chancellor had been expected to increase fuel duty rates. However, she has extended the fuel ...

The Chancellor has confirmed a series of duty increases on tobacco, vaping liquid, and alcohol that will take effect over ...

The Chancellor has kept the main pension allowances unchanged but has confirmed a new cap on salary sacrifice arrangements that ...

The Chancellor of the Exchequer, Rachel Reeves announced increases to the Minimum Wage rates on the eve of the Budget ...

The chancellor Rachel Reeves announced as part of the Autumn Budget measures that the Income Tax thresholds will be maintained ...

The degree of speculation about this year’s Budget announcements was further compounded when the Office of Budgetary Responsibility uploaded their ...

Many business owners focus on sales as the main driver of growth. Sales matter, but they are only part of ...

Most business owners know that progress matters, but many still hesitate when it comes to planning. It can feel like ...

If you use your own money to buy items for work, you may be eligible to claim tax relief as ...

Claiming Child Benefit can provide an important benefit by granting National Insurance credits. If you claim Child Benefit and your ...

While there are many state benefits available, it is not always clear which of these are taxable and which are ...

A demerger involves splitting the trading activities of a single company or group into two or more independent entities. This ...

If you earn fees or sell goods as a side hustle, you may need to pay tax on your profits ...

Making Tax Digital for Income Tax (MTD for IT) will become mandatory in phases from April 2026. If you are ...