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Category Archives: Blog

Tightening the reins on ‘side hustles’ – Navigating HMRC’s new powers

Posted on 3 January 20243 January 2024

HM Revenue & Customs (HMRC) is now using new powers granted to them by the Government to target a key area of tax evasion –…

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Financial techniques to maximise your business’ growth

Posted on 14 December 20231 January 2024

To successfully grow your business, you need to not only know your current business position but also where you want to be in three or…

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How to use the new HMRC app for your tax returns

Posted on 7 December 202310 December 2023

For small businesses navigating the Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) initiative, tax returns can be complex.

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How SMEs should prepare for and handle tax investigations

Posted on 28 November 202328 November 2023

Between the 2020/21 and 2022/23 tax years, there was a 21 per cent rise in tax investigations into SMEs, highlighting the fact that HM Revenue…

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A look at the scalability of in-house vs outsourced accounting

Posted on 13 November 202313 November 2023

As a business grows, its accounting needs become more complex and time-consuming.

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HMRC to crack down on side hustles – What do you need to know?

Posted on 2 November 20232 November 2023

In a move that could affect thousands across the UK, HM Revenue & Customs (HMRC) is tightening the restrictions on those who earn additional income…

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