Accounting standards that impact businesses’ financial reporting are prone to the odd reshuffle every now and then, so it is important for business owners to stay informed.
As we approach the 31 January 2024 tax return deadline, it’s crucial for sole traders, to be well-prepared and aware of your obligations.
Running a small business involves a lot more than juggling logistics. Knowing how to tackle and overcome challenges is an essential aspect of entrepreneurship.
Between the 2020/21 and 2022/23 tax years, there was a 21 per cent rise in tax investigations into SMEs, highlighting the fact that HM Revenue & Customs (HMRC) has ramped up its interest in this area.
For small businesses navigating the Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) initiative, tax returns can be complex.
When making the decision to become a freelancer, you have two options. You can either set up as a sole trader or start a limited company.
The current economic climate is less than favourable for small and medium-sized enterprises (SMEs).
His Majesty the King’s speech, at the state opening of Parliament, is a significant event for businesses and financial professionals who rely on Government regulation to function effectively and within the law.
The Department for Business and Trade has recently released feedback on two major consultations concerning payroll and holiday entitlements.
There are many financial and legal benefits to being married or in a civil partnership, but one of the most overlooked reasons is the potential for tax relief.