2025 - Page 16 of 21

06 Feb 25

31 January deadline met by more than 11.5 million people

Over 11.5 million people met the 31 January 2025 self-assessment deadline, but 1.1 million taxpayers missed it. If you're one of them, expect a £100 penalty. Learn about late fees

06 Feb 25

How umbrella companies work

Umbrella companies offer an easy way for freelancers and contractors to get paid without running a limited company. They handle payroll and tax via PAYE, ensuring compliance and

06 Feb 25

Tax on inherited private pension pots

Private pensions can be a great way to pass on wealth, but tax implications depend on the age of the deceased and the type of pension. Some beneficiaries may receive funds

06 Feb 25

Tax chores if managing a deceased person’s estate

When someone dies, their personal representative (executor or administrator) must value their estate to determine if Inheritance Tax (IHT) is due. This involves assessing assets,

04 Feb 25

Tax Diary March/April 2025

1 March 2025 - Due date for Corporation Tax due for the year ended 31 May 2024. 2 March 2025 - Self-Assessment tax for 2023-24 paid after this date will incur a 5% surcharge

03 Feb 25

A Small Business Guide to Exporting and International Trade

Expanding into international markets can be a game-changer for UK small businesses, opening up new revenue streams and increasing business resilience. With the right knowledge and

03 Feb 25

Late Payment Support for Small Businesses – How to Protect Your Cash Flow

Cash flow is the backbone of any small business, yet late payments continue to be a major challenge for entrepreneurs across the UK. According to the Federation of Small Businesses

30 Jan 25

Who needs to register for an EORI number

If you are moving goods across borders, an EORI number may be essential for customs clearance. Whether trading with the EU, Northern Ireland, or beyond, knowing which type you

30 Jan 25

How to check your tax code

Your tax code determines how much tax is deducted from your pay. While 1257L is the most common, different letters and numbers can affect how much you owe. From marriage allowance

30 Jan 25

Reforms to taxation of non-doms from April 2025

From 6 April 2025, the remittance basis of taxation will be scrapped in favour of a residence-based system. A new 4-year Foreign Income and Gains regime offers tax relief for new

Year: 2025

31 January deadline met by more than 11.5 million people

How umbrella companies work

Tax on inherited private pension pots

Tax chores if managing a deceased person’s estate

Tax Diary March/April 2025

A Small Business Guide to Exporting and International Trade

Late Payment Support for Small Businesses – How to Protect Your Cash Flow

Who needs to register for an EORI number

How to check your tax code

Reforms to taxation of non-doms from April 2025

Tax Diary July/August 2025

VAT exempt supplies

Claiming tax relief on pension contributions

SJPR