For busy small businesses, a PAYE Settlement Agreement (PSA) offers a simpler alternative to pay your employees. It allows you to make one annual payment to cover all the tax and National Insurance due on minor, irregular or impracticable expenses or benefits for … Continue reading →

Campaigners are angry over the fact that more and more people will be drawn into paying Inheritance Tax (IHT), after a big rise in receipts. They are angry that Chancellor Rishi Sunak has frozen the IHT nil rate band and … Continue reading →

Every year many of us decide to set a New Year’s resolution. Perhaps it is losing weight, going vegetarian or putting extra money away in your savings. Of course, inevitably, life can get in the way and it is easy … Continue reading →

The final stage of Making Tax Digital (MTD) for VAT is just a few short months away. From 1 April 2022, even the smallest VAT registered business will need to comply with the quarterly digital recording and reporting of VAT … Continue reading →

For years businesses on the British high street have been calling for reforms to the business rates system. The Chancellor has finally announced new measures in the Autumn Budget that he claims will reduce the burden of business rates in … Continue reading →