You’re probably already aware that from the 1st of January 2023, HMRC introduced a new VAT penalty system for the late filing of VAT returns, as well as for the late payment of VAT bills. The new VAT returns system is points-based, and the penalties for late bill...
The creative industry is arguably one of the most valuable sectors for the enrichment of UK culture. In fact, before the COVID-19 pandemic it was one of the fastest-growing sectors in the UK economy. While the nation attempts to recover economically, we’re beginning...
For many, the beginning of the new year is a time for reflection and planning, an opportunity to set out your goals for the upcoming months. For many businesses, this will probably include strategising for the year ahead, and outlining how you’ll achieve the best...
The festive season is fast approaching, and with that comes the excitement of gift-giving and planning your Christmas party! Although it’s likely that you’re prepared when it comes to employee presents and office celebrations, have you considered whether you need to...
It was hard to miss Chancellor Jeremy Hunt’s Autumn Statement earlier this month, in which he outlined his plan to re-establish the UK’s financial credibility. In the statement, Hunt announced a number of measures which are expected to save billions of pounds for the...
If you’re in the market for a new company car, now’s the time to consider going electric. HMRC are keen on helping taxpayers reduce their “carbon tyre-print” and have introduced a range of tax measures designed to help employers and employees make the switch to...
