Staying cool at work: Our top ten tips
The sun is shining (finally), the beer gardens are full and public transport is even more unbearable than usual. British summertime is finally here! Here are our top ten tips on how to stay cool in the work…
HMRC triples its CGT investigations to target amateur traders and crypto users
HMRC has tripled its investigations into capital gains tax (CGT), with an extra £202.4 million of tax pulled in. Capital gains tax is levied against profits on the disposal of capital assets such as second homes, share holdings,…
HMRC phone lines have been criticised as not up to the job
It will come as little surprise to anyone who has had to call HMRC in the last six months, but a report by the Public Accounts Committee has stated that HMRC was running a “deliberately poor” phone service…
New items added to the basket to calculate the rate of inflation
In order to calculate the rate of inflation, the Office for National Statistics (ONS) records and analyses a basket of everyday goods and services, looking at the prices offered by retailers to calculate the monthly rate of inflation.…
What is a P11D Benefits in kind and do you need to file one?
What is a P11D? The P11D form is a statutory form required to be filed with HMRC by those businesses that provide benefits to their employees that do not go through the PAYE system. You will also need…
What does my tax code mean? 2025/26 Edition
What exactly do all the numbers and letters in my tax code mean? And what do I do if I think it’s wrong? HMRC generate your tax code based on the information that they hold about you and…
What’s the difference between mark up and margin?
When pricing your services and products it is important that you do so in order to make a profit. Most businesses will look at either mark up or margin to come up with their prices but not everyone…
Who should be in your work place pension?
Since they were introduced in 2012 more than 20 million people have been automatically enrolled into workplace pensions. Every business that employs staff who meet the criteria should be automatically enrolling workers into a pension scheme, deducting contributions…
Tax evasion or tax avoidance?
What’s the difference between tax evasion and tax avoidance? Celebrities and sports stars alike have been in the news in recent years, hitting the headlines for their tax avoidance. But they haven’t actually done anything illegal. We will…
Business gifts for Christmas
Are you thinking of giving a business gift for Christmas? If so, make sure you know the tax implications before it ends up costing you more than you originally thought. Christmas is not that far away and you…