by admin | Jun 26, 2025 | Uncategorized
Starting work this summer? Download the free HMRC app to get your NI number, check your tax code and stay on the right pay. Young people finishing exams and entering the job market this summer are being urged by HMRC to download the HMRC app. The app is a free tool...
by admin | Jun 26, 2025 | Uncategorized
From April 2024, the cash basis is the default method for sole traders and most partnerships when preparing Self-Assessment returns. Designed to simplify tax reporting, the cash basis lets businesses record income and expenses when money actually moves, easing the...
by admin | Jun 26, 2025 | Uncategorized
Struggling with late-paying customers? The VAT Cash Accounting Scheme helps protect cash flow by taxing only what you have received. The VAT Cash Accounting Scheme is designed to support businesses by improving cash flow. Using this scheme means that VAT is only paid...
by admin | Jun 26, 2025 | Uncategorized
Get a clear view of your future pension. Use the enhanced online service to check, boost, or track your State Pension entitlement. The enhanced Check Your State Pension forecast service is available online, offering a faster and more complete way to understand your...
by admin | Jun 26, 2025 | Uncategorized
HMRC missed out on £46.8bn in tax last year. Small businesses and Corporation Tax make up the biggest share of the shortfall. The tax gap for the 2023-24 tax year has been published and is estimated to be 5.3% of total theoretical tax liabilities. The tax gap is...
