2025 - Page 2 of 34

11 Sep 25

16 years old – the minimum age for a company director

Thinking of starting a company at 16? Know the rules, risks and responsibilities before you take the leap. The Companies Act 2006 does not set a minimum age for shareholders,

11 Sep 25

How to pay corporation tax online

Paying Corporation Tax? Always use the correct reference or risk delays and penalties. To pay Corporation Tax via online or telephone bank transfer, you can use either a UK or

11 Sep 25

What is the settlement legislation?

Thinking of gifting income to a spouse or partner? HMRC’s settlements rules may still tax it as your own. The settlements legislation is contained in s.624 ITTOIA 2005. The

11 Sep 25

When you cannot charge VAT

Not all goods and services carry a 20% VAT, knowing the right rate can save costly mistakes. When a VAT-registered business issues an invoice to their customer, they must ensure

11 Sep 25

Using your own car for work purposes

Using your own car or bike for work travel? You may be able to claim tax relief for business mileage. If you are employed and spend your own money on items needed for your job,

11 Sep 25

How do HMRC define “wholly and exclusively” for tax purposes

Not sure if a business cost is deductible? HMRC’s ‘wholly and exclusively’ rule is the key test. When deciding whether an expense is deductible or not it is important to bear in

08 Sep 25

Tax Diary October/November 2025

1 October 2025 - Due date for Corporation Tax due for the year ended 31 December 2024. 19 October 2025 - PAYE and NIC deductions due for month ended 5 October 2025. (If you pay

08 Sep 25

What insurance cover should a company consider?

Running a small business comes with plenty to juggle, and while insurance might not be the most thrilling task, it is absolutely essential. There is one policy you are legally

08 Sep 25

GOV.UK One Login – enhanced security from 13 Oct 2025

From 13 October 2025, access to Companies House WebFiling will require GOV.UK One Login. This replaces the older Government Gateway sign-in and is part of the wider move towards a

04 Sep 25

Holding over gains on gifts

Gift Hold-Over Relief is a form of Capital Gains Tax (CGT) relief that allows you to defer paying CGT when certain assets, such as qualifying shares, are given away or sold for

Year: 2025

16 years old – the minimum age for a company director

How to pay corporation tax online

What is the settlement legislation?

When you cannot charge VAT

Using your own car for work purposes

How do HMRC define “wholly and exclusively” for tax purposes

Tax Diary October/November 2025

What insurance cover should a company consider?

GOV.UK One Login – enhanced security from 13 Oct 2025

Holding over gains on gifts

Unauthorised issue of a VAT invoice

Beware scams pretending to be HMRC

War Widows Recognition Payments Scheme

SJPR