Close company directors face new Self Assessment reporting rules
From the 2025/26 tax year, directors of close companies will need to give HMRC more detail on their Self Assessment tax returns.
From the 2025/26 tax year, directors of close companies will need to give HMRC more detail on their Self Assessment tax returns.
Are you one for New Year resolutions? We kick off 2025 with a look at the most effective financial resolutions you can make and how to make them work for your business all year round.
It was a month ago that Chancellor Rachel Reeves presented her first Budget. Here’s a reflection at the changes and what they might mean for you.
HMRC has been busy recently, briefing MPs on their approach to R&D compliance. The key question they've focused on is this …
As home working becomes more common, many people are considering building a dedicated office space at home. Whether it's converting a spare room, an attic, or even constructing an office in the garden, there are important tax considerations to keep in mind. Understanding these will help you make informed decisions and maximise potential reliefs. This article takes a look at a few of these implications.
There's encouraging news on the way for companies who are currently just over the UK's official company size thresholds. From October 2024, the government plans to raise those thresholds. What does this mean? How will companies be affected?