Category Archives: Uncategorized

Small businesses considering taking on an apprentice have a new financial incentive to investigate following the introduction, from 1 October 2026, of a £2,000 hiring payment for eligible employers in England that do not pay the apprenticeship levy and recruit … Continue reading →

When businesses think about recruitment, they can easily concentrate on attracting younger workers. The latest employment figures suggest there may be another group worth considering. Official PAYE statistics for August 2026 show that the number of payrolled employees aged 65 … Continue reading →

Another significant change to payroll is now only six months away. From 6 April 2027, employers will have to report and account for tax on several common benefits in kind through payroll in real time. The first phase covers company … Continue reading →

Most business plans assume that things will broadly go according to plan. Unfortunately, customers, suppliers and the economy do not always cooperate. One useful exercise is therefore to ask what would happen if sales unexpectedly fell by 10%. The answer … Continue reading →

Modern accounting software can give business owners access to financial information almost instantly. That does not necessarily mean they are looking at the right information. A dashboard containing turnover, bank balance and profit can be useful, but these figures may … Continue reading →

Some taxpayers have already started to receive Simple Assessment letters from HMRC for the 2025-26 tax year, with a further tranche due to be sent between October and December 2026. Simple Assessment is used where HMRC cannot collect income tax … Continue reading →

UK employers with employees who normally work overseas may have PAYE and National Insurance obligations when those employees come to the UK to carry out their duties in the UK on a short-term basis. Employers should consider the position whenever … Continue reading →

Making a trading loss whilst not ideal can sometimes generate a tax refund. If you are a self-employed individual or a member of a trading partnerships, a trading loss can potentially be set against other income or capital gains. This … Continue reading →

HMRC has launched an improved online service to make it easier for individuals to register for self-assessment. Anyone who needs to submit a tax return for the first time for the 2025-26 tax year should notify HMRC by 5 October … Continue reading →

1 October 2026 – Corporation Tax payment is due for companies with an accounting period ending 31 December 2025, unless the company is required to make quarterly instalment payments. 5 October 2026 – Deadline for notifying HMRC of a new … Continue reading →