Are you ready for changes to LLP salaried member rules?
HM Revenue & Customs (HMRC) has issued its updated guidance on salaried members in limited liability partnerships (LLPs), in relation to capital contributions. Currently, LLPs…
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Gratuities and tips – What the delay to the Employment (Allocation of Tips) Act 2023 means for you
The Department of Business & Trade (DBT) has released the finalised draft of the Code of Practice on Fair & Transparent Distribution of Tips –…
Preparing for the second payment on account – and what happens when you can’t pay?
If you are a Self-Assessment taxpayer, it is almost time to make your second ‘payment on account’ – advance payments towards your tax bill. Those…
SME recovery continues as sustainability and growth take centre stage
In its latest research into the UK’s SME economy, NatWest Group has identified an encouraging trend among the country’s independent operators, as SME growth continues…
P11D – Remember to report before the July deadline!
With the 6 July deadline nearing, it is essential to understand the updated reporting requirements for Class 1 National Insurance Contributions (NICs) on benefits in…
High-income earners need to re-register for child benefit
Child benefit supports parents or guardians of children under 16, or under 20 if in approved education, by contributing towards the costs of raising them….