In-Accountancy

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Tax Advice

a present with a monetary voucher attached discussing tax free gifts for staff
Limited Companies

Tax free gifts for your employees?

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’…

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PAYE tax refunds from HMRC
Pensions and Payroll

Tax refunds from HMRC

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,

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tax on interest income
Limited Companies

Maximise Your Tax-Free Savings Interest Income: UK Guide for 2024

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!! 🥳

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time to pay arrangement
Small Business Advice

Time to Pay Arrangements: A Lifeline for Owner-Managed Businesses

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.

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