LATEST NEWS

Fraudsters impersonating Insolvency Service staff
The Insolvency Service is a government agency that provides services to those affected by financial distress or failure by seeking
Don’t miss out on Home Responsibilities Protection
HMRC together with the Department for Work and Pensions (DWP) have issued a press release urging tens of thousands of
What is a PSC?
PSC stands for Person with Significant Control. It is a legal term used primarily in the United Kingdom under company
Trade Mark protection
To apply for trademark protection in the UK, you will need to follow these steps: Check if Your Trademark is
Higher rates of SDLT on residential property
The higher rates of Stamp Duty Land Tax (SDLT) were introduced on 1 April 2016 and apply to purchases of
When dividends cannot be paid
There is a basic principle that dividends or other distributions must not be paid out of capital even if the
Employing an apprentice
There are special rules to observe when employing an apprentice in the UK. Basically, an apprentice takes part in a
MTD for Income Tax draws closer
The mandatory rollout of Making Tax Digital for Income Tax (MTD for ITSA) is scheduled to begin in April 2026.
Myths about self-assessment
In a recent press release, HMRC addressed some common misconceptions about who needs to file a self-assessment return before the
Claims to reduce payments on account
Self-assessment taxpayers are usually required to pay their Income Tax liabilities in three instalments each year. The first two payments
Ask for advice
Asking your accountant for advice offers a range of benefits, particularly in guiding both business and personal financial decisions. Here
Beware overtrading
Overtrading occurs when a business expands its operations at a pace that exceeds its available working capital and financial resources.