Recent financial news

• Penalties for late filing of tax returns
  Monday, January 13, 2025
  HMRC reports over 63,000 taxpayers filed their returns over the New Year, but 5.4 million still need...

• Selling online and paying tax
  Monday, January 13, 2025
  Selling online? Whether it’s a hobby or a business, you may need to pay tax if your earnings exceed...

• Online information about a company
  Monday, January 13, 2025
  A significant amount of online information about companies is available to the public on the...

• Tax-exempt employee loans
  Monday, January 13, 2025
  Beneficial loans, where employees benefit from cheap or interest-free loans from their employer, can...

• Payrolling employee benefits
  Monday, January 13, 2025
  Employers can voluntarily register to report and account for tax on certain benefits and expenses...

• Tax return for deceased person
  Monday, January 13, 2025
  Inheritance Tax (IHT) impacts estates over £325,000, with rates of 40% on death and 20% on certain...