How SMEs should prepare for and handle tax investigations
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
As a business grows, its accounting needs become more complex and time-consuming.
HMRC to crack down on side hustles – What do you need to know?
In a move that could affect thousands across the UK, HM Revenue & Customs (HMRC) is tightening the restrictions on those who earn additional income…
How can you leverage automation in your accounting process?
Most businesses are already using cloud accounting software to manage their finances. However, not all of them are taking full advantage of automated processes to…
Paper VAT registration to be abolished in latest digital move
In the latest move in their Making Tax Digital (MTD) campaign, HM Revenue & Customs (HMRC) is removing paper VAT registration from 13 November 2023.
Could you afford a financial data GDPR breach?
In today’s digital age, data protection has become a paramount concern for businesses of all sizes.