Business

Do you need to file a Self-Assessment tax return?
Wednesday, 11 September 2024
Many people are surprised to learn that they need to file a tax return, especially if they pay income tax through PAYE. With the deadline to notify HMRC looming, we explain who needs to file a return.

Keeping track of inventory to avoid overstock or shortages for retail businesses
Friday, 23 August 2024
Retail accounting specialist, Megan Howard, summarises the advantages of stocktaking and how keeping track of your inventory can help save you money.

Furnished Holiday Lets – abolition of special tax rules
Friday, 2 August 2024
As suspected, it appears that the Labour government plans to proceed with the changes outlined in the last Budget (presented by the Conservative government) regarding wide ranging changes to the taxation of Furnished Holiday Lets (FHLs).

First Labour Budget set for October
Tuesday, 30 July 2024
The Chancellor has announced the date of the first Labour Budget. We discuss what tax-raising measures might be included.

What should you do if you’ve miscalculated your tax return?
Tuesday, 30 July 2024
With ever-changing tax rules, it’s easy to get it wrong, miscalculating your tax liabilities or omitting to file a return at all. If you realise you’ve made a mistake, what should you do?
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