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With changes to employer’s National Insurance and the Employment Allowance, now is the time for businesses to review the most tax-efficient mix of salary and dividends for directors

From 6 April 2025 the secondary Class 1 National Insurance threshold reduces from £9,100 to £5,000. At the same tim...

The Government has announced plans to increase the threshold above which income from self-employment must be reported via self assessment

Currently, if you earn over £1,000 from self-employment, or a so-called 'side hustle' such as babysitting or dog walking, you need to report this income to HMR...

HMRC has announced that it will close the online service for filing company accounts and corporation tax returns on 31 March 2026

Companies with an accounting period ending after 31 March 2025 will no longer be able to use HMRC's free online service (unless they file before 1 April 2026) and will...

HMRC has updated its guidance to clarify the treatment of subcontracted research and development (R&D) expenditure under the SME scheme

HMRC has updated its guidance to clarify the treatment of subcontracted research and development (R&D) expenditure under the SME scheme

When R&D work undertak...

From April 2026 most benefits in kind (BIKs) will have to be processed through the payroll and included on monthly payslips, with a potential knock-on effect for student loan repayments

The mandatory payrolling of BIKs will be implemented in phases, starting from April 2026.

The earnings thres...