Mar 1, 2025 | 2025, HMRC, Self-Assessment, UTR
Your Unique Taxpayer Reference (UTR) is your unique 10 digit code that identifies you to HMRC. Who needs one? Any individual or entity which needs to file a tax return will need a Unique Taxpayer Reference, also known as a UTR. You will receive one when you register...
Aug 14, 2023 | Expenses, FAQ, Information, News, PAYE, Payroll, Tips
We all love a perk of the job, and a major industry has built up around the types of employee perks companies are able to offer. The best news of all is that most of these will be tax deductible, which means the taxman will fund at least part of them. Everything from...
Aug 7, 2023 | Business Start Ups, Expenses, Information, News, Tax, Tips
Charitable giving is something many organisations might not be considering in the current climate, especially as everyone is struggling to pay their bills. But if you have money to spare within your business, then charitable giving is a great way to reduce your tax...
Jul 17, 2023 | Business Start Ups, Expenses, FAQ, Information, News, Self-Assessment, Tax
HMRC is changing the way sole traders and partnerships need to calculate profits for their self-assessment returns. The Revenue will require the profits to be declared for the tax year in question, rather than the accounting year as is currently the case. Any sole...
Jul 1, 2023 | Information, News
BoE base rate rises – has your business account kept up? The Bank of England (BoE) has raised rates 13 times in a row to June this year, with the base rate reaching 5% – a level not seen since 2008 at the height of the financial crisis. Mortgage rates and loan...
