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HMRC has sent out letters concerning possible repayments to around 3,000 businesses that claimed wages for furloughed employees through the Coronavirus Job

Unless you are experienced in dealing with the financial management involved in running a small business, hiring an accountant could mean the difference between success and failure. However, there are...

A new survey of SMEs conducted by Purbeck Insurance Services shows that around one third of small businesses managed to weather the COVID-19 crisis without any help from

Self Assessment Tax Returns are used by HMRC to collect Income Tax. If tax is not deducted from any salary, pension or savings, taxpayers must file a tax return. Tax...

The second round of Self Employment Income Support Scheme (SEISS) grants are now available, with sole traders being required to follow the same application process as

New research by UHY Hacker Young reveals nearly 20,000 individuals and businesses were hit with the harshest possible fines by HMRC in 2019, due to what the tax authority says...