Autumn Budget 2024 for Small Business Owners – How bad was it really?
Autumn Budget 2024 for small business owners – Not as bad as it could have been – or was it? Fair play to Rachel Reeves,
Autumn Budget 2024 for small business owners – Not as bad as it could have been – or was it? Fair play to Rachel Reeves,
Why Following Finfluencers for Tax Advice Could Cost You 💸 In today’s digital age, it’s no surprise that platforms like TikTok and Instagram are brimming
Are you planning on selling your business? And let’s face it, if you’ve spent years of your life, and taken risk after risk, to launch
Did you know that many UK based small businesses still aren’t aware of a great little tax free gifts benefit you can offer your employees?
It’s called a ‘Trivial Benefit’…
As a small business owner in the UK, how do you reduce your tax liability to increase your take-home pay? Is a question we are
What’s going to happen in the 2024 budget? While we don’t have a crystal ball, IN Accountancy Tax Director Paul Brown shares his best guess…
Whether you run a limited company or are planning to incorporate, one of the key considerations is how you’ll draw income from your business. Two
Following the Bank of England’s reduction of the base rate of interest to 5% on 1 August, HMRC has finally announced they will follow suit,
It’s all change at HMRC as to how tax refunds will be processed and issued: HMRC has stopped posting out automatic cheques for tax refunds,
Over the last year UK savers have finally been in a position to earn some interest on their savings, but how is interest income taxed, and how can you maximise the tax free element of what you receive? 🤔
If you meet certain criteria or have flexibility in how you structure your income, then you can potentially enjoy up to £18,570 of your income completely tax-free!! 🥳
Are You Struggling to Meet Your Tax Obligations?
More than 30,000 UK businesses were involved in some kind of insolvency action in 2023, which was an increase of more than 50% compared with 2021 according to an article in the Guardian earlier this year.
And the economic outlook would suggest that despite the fact that we are no longer in recession, 2024 and 2025 will be a challenging year for UK small business.
With this in mind we have prepared the following guide and associated video to help you understand what your options are with regards to agreeing what is known as a ‘Time to Pay’ arrangement with HMRC.
💷 So, the FSB are in the process of lobbying HMRC to increase the VAT registration threshold to £100,000 It’s been at its current level
Keep up to date with all the news, events and videos from IN Accountancy
2 Station View,
Rhino Court,
Bramhall Moor Lane,
Hazel Grove,
Stockport,
SK7 5ER
IN-ACCOUNTANCY
This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.
If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.
This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.
Keeping this cookie enabled helps us to improve our website.
Please enable Strictly Necessary Cookies first so that we can save your preferences!