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Accountants critical to the success of SMEs - January 6, 2022
 | Small and medium-sized enterprises (SMEs) are the lifeblood of the country, accounting for 99.9 per cent of all businesses across the UK. At the start of 2021, there were estimated to be 5.6 million UK… |
How the penalty system for late tax submissions is changing - January 6, 2022
 | Under new rules set by the Government, the system of penalties for VAT and Income Tax Self-Assessment (ITSA) are changing. The new system of fines is aimed at tackling non-compliance by taxpayers who repeatedly… |
Income tax basis periods – What unincorporated businesses need to know - January 6, 2022
 | All unincorporated businesses, including sole traders, the self-employed and trading partnerships, will be taxed on profits generated in the 12 months to 5 April (or 31 March) each year from 2024-25. Here… |
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Spring Statement 2026
Going into the latest Spring Statement, the Chancellor
made it very clear that...
