by admin | Sep 8, 2025 | Uncategorized
1 October 2025 – Due date for Corporation Tax due for the year ended 31 December 2024. 19 October 2025 – PAYE and NIC deductions due for month ended 5 October 2025. (If you pay your tax electronically the due date is 22 October 2025.) 19 October 2025...
by admin | Sep 8, 2025 | Uncategorized
Running a small business comes with plenty to juggle, and while insurance might not be the most thrilling task, it is absolutely essential. There is one policy you are legally required to have: employers' liability insurance (EL). If you employ anyone, EL covers...
by admin | Sep 4, 2025 | Uncategorized
Gifting assets can cut inheritance tax, but traps like “gifts with reservation of benefit” may undo the plan. The majority of gifts made during a person's lifetime are not subject to tax at the time they are made. These lifetime transfers are known as...
by admin | Sep 4, 2025 | Uncategorized
Employers must ensure they are paying staff at least the National Minimum Wage (NMW) or National Living Wage (NLW). The NMW and the NLW are the minimum legal amounts that employers must pay their workers. The latest NMW and NLW rates took effect on 1 April 2025. The...
by admin | Sep 4, 2025 | Uncategorized
The letters in your tax code indicate whether you are entitled to the annual tax-free personal allowance. These codes are updated each year and help employers calculate how much tax should be deducted from your salary. For the current tax year, the basic personal...
