by Mudassir | Jan 17, 2025 | News
In the October 2024 Budget, the UK government announced significant changes to Employer National Insurance Contributions (NICs) effective from April 6, 2025. These adjustments are designed to bolster public finances and invest in essential services. Here’s a...
by Mudassir | Jan 13, 2025 | News
The UK government’s Making Tax Digital (MTD) initiative is transforming the way small businesses and landlords manage their taxes. From April 6, 2026, MTD for Income Tax Self-Assessment (ITSA) will become mandatory for a wider range of businesses and individuals. What...
by Mudassir | Jan 2, 2025 | News
The UK government continues to support retail, hospitality, and leisure businesses with business rates relief for the 2025/2026 fiscal year. However, there are some key changes that businesses need to be aware of. Key Details by Region England Relief Percentage:...
by Mudassir | Dec 11, 2024 | News
Small businesses across the UK need to be aware of the VAT penalty reforms introduced by HMRC. These changes aim to create a fairer system but could have significant implications for businesses that miss deadlines or fail to comply with VAT requirements. What Are the...