Author: admin

Three easy ways to manage your directors’ loan accounts


It is not uncommon for directors of a company to take loans from the business during each financial year, often ...

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Too many sole traders are still missing out on their State Pension


How much State Pension you get depends on your National Insurance (NI) record when you reach the State Pension age. ...

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Identity crisis – Companies House begins to verify identities


On 8 April 2025, Companies House introduced identity verification for those who make filings on behalf of a business. It ...

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How to prepare for an unexpected economic recovery


The International Monetary Fund (IMF) has upgraded the UK's 2025 GDP growth forecast to 1.2 per cent, citing a strong ...

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Increased borrowing could mean increased taxes, experts warn


Public borrowing hit £20.5 billion in April, the highest level for that month since 1993 and nearly £3 billion above ...

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Kittel VAT: How to control the uncontrollable


Receiving a Kittel VAT notice is something that many businesses dread. HM Revenue and Customs (HMRC) can demand the repayment ...

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Mandatory payrolling of Benefits in Kind delayed by HMRC


The delay to payrolling Benefits in Kind (BIK) to 2027 may seem like a cause of relief for many businesses ...

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Deadline reminder: Submit your P11D forms by 6 July


Businesses must get ready for the upcoming deadline to submit your P11D and P11D(b) forms. The deadline to submit these ...

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Businesses should still prepare now for mandatory payrolling of Benefits in Kind


HM Revenue & Customs has pushed back the requirement to payroll Benefits in Kind (BIK) until 2027 – but businesses ...

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