Tax

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Tax-saving tips for small businesses

Like any other enterprise, small businesses here in the United Kingdom are legally required to pay tax and National Insurance contributions. While some small business owners may tackle their own accounting tasks, from bookkeeping to completing tax returns by themselves, others enlist a

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Accounting

Struggling small firms not to face immediate tax payment pressure

The UK’s Business Secretary has stated that small firms faced with a mountain of debts caused by Covid-19 will not be pressured by HMRC to pay tax that

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Tax

Five tax accounting tips for small businesses

If you’re a small business owner, you’ll understand that while tax isn’t the most thrilling part of running a firm of your own, managing this area of your accounts efficiently is essential. From reducing stress levels to sidestepping unnecessary fines, small businesses can enjoy many benefits as a result of handling tax obligations in their […]

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Tax

New Making Tax Digital head appointed by HMRC

HMRC has confirmed the appointment of a new chief for its Making Tax Digital reform programme, with its existing Director General for Transformation taking

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