There are a number of important tax dates to remember in HMRC’s penalty-driven calendar. Any seasoned business owner will know the big deadlines in any year – self-assessment on 31 January, [...]

If you don’t file your self-assessment tax return, HMRC will issue an automatic penalty of £100, regardless of the reason for filing late. It’s then your job to work out if you think this was [...]

As part of your job, you might receive little perks and extras on top of your annual salary. These are known as Benefits in Kind and your employer will use a form P11D because these benefits are [...]

Understanding what expenses your business can claim is an integral part of running a successful and tax-efficient business. At our accounting firm, we’ve observed that UK businesses lose [...]