Financial advice for owners and managers of small and medium sized business SMEs in the UK All your tax, borrowing and administration advice
HMRC identifies £13.7 million in National Minimum Wage arrears and issues penalties to employers, urging businesses to ensure compliance amidst rising enforcement activity.
A rise in voluntary liquidations is prompting concerns over potential misuse, with experts calling for stricter regulation and reintroduction of percentage fees to ensure proper scrutiny…
HMRC has reported a significant 21% drop in research and development (R&D) tax credit claims for the 2022/23 tax year, with the number of claims falling…
Labour’s proposed expat exit tax has come under fire from leading audit, tax, and business advisory firm Blick Rothenberg, which warns that the policy could drive…
UK R&D tax relief enables companies undertaking innovative activities and qualifying R&D projects to claim corporation tax relief and/or tax credits on qualifying R&D expenditure.
Apple has suffered a major setback in its long-running tax dispute with the European Union, as the European Court of Justice ruled that Ireland had granted…
Increasing numbers of families are facing inheritance tax on gifts given within seven years of a death, as soaring asset prices push more estates over the…
HMRC's tax crackdown on footballers and agents recovers £70 million in 2023, targeting dual-representation contracts and misuse of image rights. High-profile players like John Barnes and…
HS2's latest accounts disclose a £6.2 million IR35 bill, sparking criticism over the effectiveness and financial impact of Off-Payroll reforms in the public sector.
The British Business Bank reports a £122 million loss amid a market downturn. CEO Louis Taylor remains optimistic, highlighting long-term growth and new investment plans despite…
HMRC reports a £4.1 billion loss due to R&D tax fraud since 2020. The issue fuels a financial clash between the current and previous UK governments.
The Bank of England has cut interest rates to 5% for the first time in over four years, offering relief to homeowners and families amid high…
Businesses of every size have been unable to escape the incredible impact that AI has had on the ways in which we do business of late.
Wealthy savers have been increasingly purchasing gold and silver coins, spurred by concerns over a potential capital gains tax increase by the incoming Labour government.
Over half a million taxpayers, including pensioners, are set to receive HMRC’s simple tax assessments. Ignoring these could lead to penalties and missed tax deductions, warns…