Author: admin

Grant funding for UK businesses: Unlocking opportunities


In the competitive landscape of the UK economy, it can be tough for small and medium-sized businesses (SMEs) to hold ...

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P11D – Are you ready to report and pay tax on Benefits in Kind?


Benefits in Kind (BIK) cover a number of different perks or additional payments made by employers to their employees. They ...

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Changes to the repayment of Student Loans begin in August


The way in which Student Loans are repaid is changing and employers need to be prepared. Currently, graduates and students ...

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Fiscal drag bites on earners


Changes to personal tax allowances and higher interest rates have seen a growing number of people being affected by fiscal ...

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What is the Residence Nil-Band Rate? And why does it matter to you?


The Residence Nil Band Rate (RNRB) was introduced by the Government in 2017 and benefits families passing on their main ...

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Landlords are latest group targeted by HMRC ‘nudge’ letters


Residential landlords are the latest group to have been targeted in receiving ‘nudge’ letters from HM Revenue & Customs (HMRC). ...

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683,000 higher rate taxpayers opt out of child benefit as thresholds remain frozen


The High Income Child Benefit Charge (HICBC) was introduced in 2013 and was set up to charge tax on individuals ...

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Striking the perfect balance: Director’s salary and dividends for 2023/24


As a business owner, determining the ideal salary for company directors can be tricky. Often, most directors will want to ...

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Businesses must get to grips with a Government crackdown on fraud committed by employees


A new ‘failure to prevent fraud’ offence is being introduced by the Government to encourage businesses to do more to ...

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