If you do not pay your tax bill on time and cannot make an alternative arrangement to pay, HMRC can take ‘enforcement action’ to recover any tax you owe. You can usually avoid enforcement action by contacting HMRC as soon as you know you have missed a tax payment or cannot pay on time. They […]

Almost three million people have moved off the furlough scheme since March as the economy began to bounce back and businesses reopened, according to new statistics. This is unsurprising as employers are now expected to cover 20% of any hours not worked with government providing 60%. It will be sobering to see how the final […]

In a recent news story published on the GOV.UK website, HMRC confirmed that nearly 1.8 million married couples and those in civil partnerships are claiming the Marriage Allowance to save up to £252 a year in Income Tax. The allowance enables married couples or those in civil partnerships to share their personal tax allowances if […]

As most drivers of a company car will be aware, if you have any private use of the vehicle this will result in a significant Income Tax charge. The benefit charge is the way that HMRC levy tax on this benefit in kind; and the higher the CO2 footprint of your company car, the higher […]

‘She only makes the tea’ and ‘my employees are on standby’ are just some of the strange excuses used by businesses who have paid their workers under the National Minimum Wage, the UK tax office has revealed. Every employed worker in Great Britain is legally entitled to the National Minimum Wage, but many employers tried […]

In a recent press release the government announced that more of the country’s leading businesses from a variety of industries have pledged their support for the UK’s world-leading COVID-19 vaccination programme by offering incentives to vaccinated customers. Asda, lastminute.com, National Express, FREE NOW taxis and Better leisure centres will be offering discounts to people who […]

Furlough numbers have recently fallen to a record-low since the beginning of the pandemic, government data has confirmed. When businesses started reopening earlier this year, furlough numbers plunged by three million and have gradually declined ever since. records show that at the end of June 2021, nearly two million British workers were on furlough, dropping […]

In what is likely to be the tip of a significant ice-berg, two companies who fraudulently applied for thousands of pounds in grants and loans have been wound up in the courts. According to a recent government press release the two separate companies submitted false documents to at least 41 local authorities and the Government’s […]

Couples may be eligible to reduce their Income Tax by up to £252 a year by sharing their Personal Allowances. HMRC has announced that nearly 1.8 million married couples and those in civil partnership are using Marriage Allowance to save up to £252 a year in Income Tax. Marriage Allowance allows married couples, or those […]

It is still possible to register for one of two schemes under the Help to Grow banner.   Help to Grow Management Help to Grow: Management is an Executive Development programme accredited by the Small Business Charter, with 1:1 business mentor support throughout. The 12-week practical curriculum has modules spanning financial management, strategies for growth […]