Scammers are on the rise as the Self-Assessment deadline nears! HMRC warns that HMRC never emails or texts about tax refunds. Stay alert, report suspicious contacts, and protect your money from fraudsters. Fraudsters are increasingly targeting taxpayers with scam emails as the deadline for submitting self-assessment returns for the 2023-24 tax year approaches. Between November 2023 and […]
08
Jan
Jan
Scotland’s 2024 Budget delivers on public priorities with investments in services, poverty reduction, and economic growth. Tax rates stay frozen, but bands shift to protect low incomes. A hopeful step forward for Scotland’s future! Scotland’s Deputy First Minister and Finance Secretary, Shona Robison delivered her second Budget statement to the Scottish parliament on 4 December […]
08
Jan
Jan
1 January 2025 – Due date for Corporation Tax due for the year ended 31 March 2024 19 January 2025 – PAYE and NIC deductions due for month ended 5 January 2025. (If you pay your tax electronically the due date is 22 January 2025). 19 January 2025 – Filing deadline for the CIS300 monthly […]
08
Jan
Jan
Over one million parents have now claimed Child Benefit online or via the HMRC app, with 87% of new claims using this speedy service. If you’ve recently had a baby or a child joins your family, applying online ensures you get support quickly-right when you need it most. HMRC’s Director General for Customer Services, said: […]
07
Jan
Jan
Can’t pay your tax bill in full by 31 January 2025? HMRC’s online Time to Pay system lets self-assessment taxpayers spread the cost over monthly instalments. With plans available for tax bills up to £30,000, this flexible option can help you avoid late payment penalties. Those eligible for the self-serve option can arrange payments online […]
06
Jan
Jan
Do you have a zero target for your Inbox or are you the victim of an ever growing list of emails? This post sets out a number of ideas that you may want to consider starting 2025 with an ambition to restore sanity to your email management. Adopt the “Inbox Zero” MentalityAim to keep your […]
27
Dec
Dec
As we stand on the cusp of a new year, we extend our warmest wishes for a prosperous and successful 2025. The past year has been a testament to the resilience and adaptability of businesses worldwide. As we look ahead, it’s clear that the coming year will bring its own set of challenges and opportunities. […]
24
Dec
Dec
As we approach the end of the year, business owners must turn their attention to planning for 2025. While the temptation to delay may be strong-especially during the busy holiday season-failing to prepare for the year ahead could hinder growth and profitability. Here are the key reasons why business planning for 2025 is not just […]
19
Dec
Dec
In today’s ever-changing economic landscape, businesses must remain agile and innovative to thrive. One of the most effective ways to bolster resilience and ensure long-term success is by developing new income streams. Diversifying revenue sources not only provides financial stability but also opens up opportunities for growth and adaptability. Here are some key advantages […]