Late tax payments now charged at 8.5 per cent as HMRC hikes interest rate
Following changes to legislation, HM Revenue & Customs (HMRC) has revised the way it calculates interest on late and early payments, linking it more closely…
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Why Trump’s tariffs could have more of an impact on your finances than you realise
As global stock markets reel in response to US President Donald Trump’s sweeping new tariffs, many UK businesses may assume this is a crisis confined…
Will a discretionary trust prevent your home from qualifying for the residence nil rate band?
No one wants to pay more Inheritance Tax (IHT) than they have to.
Are your payroll practices compliant with the new minimum wage rates?
1 April 2025 signalled the first wave of payroll changes for businesses to contend with this year, including the increase to the National Living Wage…
Major changes ahead for directors of close companies – New dividend reporting rules from April 2025
From 6 April 2025, directors of close companies will face a notable change in how they report dividend income on their Self-Assessment tax returns.
Time is running out to make personal pension contributions for the 2024/25 tax year
The end of the tax year is fast approaching, and if you are considering making personal pension contributions, it is important to plan ahead to…