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All of the latest tax and finance information

ECL now open online for registrations and returns

Any regulated businesses that need to sign up for the Economic Crime (Anti-Money Laundering) Levy (ECL) can now both register and make returns via the online service. Registrations and returns cannot be made by tax agents, so every affected business must sign up and...

NI Implications of Salary Sacrifice Arrangements for Employee Parking Expenses

The exemption for parking provision and expenses under section 237 ITEPA 2003 exempts the provision, reimbursement, and payment of parking at or near the employee’s workplace. If an employer were to provide, reimburse or pay for parking facilities and then recover...

Deed of assignments won’t be treated as nominations for income tax

The ability to legally assign an income tax repayment, or the right to an income tax repayment, to a third party has been removed by HMRC from March 15 this year, meaning any repayment will remain the legal property of the taxpayer in question. The change affects...

The importance of shareholder agreements

A clear and fair shareholder agreement can help prevent unnecessary disputes from arising. At its simplest, a shareholder agreement governs the rights, obligations, and responsibilities of the shareholders in a company. The content of the agreement can and should...

Alcohol duty changes – what it means for pubs, stores and small brewers

Up to 38,000 pubs and bars which have seen cuts in the tax they pay on the draught products they serve will be better off thanks to changes to the way that Alcohol Duty is calculated from August 1, 2023. The cuts will make pints and other products sold on tap 11p...

Digital Transformation: Strategy, Not Just Reaction

In this digital era, keeping pace is more than just reacting swiftly. It's about meticulous planning. For many businesses, particularly smaller ones, the rapid wave of digital transformation can feel overwhelming. There's constant pressure to adapt, innovate, and...