2025 - Page 4 of 37

18 Sep 25

Unauthorised issue of a VAT invoice

Issuing a VAT invoice without registration or authorisation can lead to HMRC penalties, even if it is done by mistake. A penalty may be charged by HMRC when an individual or

18 Sep 25

Beware scams pretending to be HMRC

Fraudsters are continuing to target taxpayers with scam emails as the deadline for submission of self-assessment returns for the 2024-25 tax year gets ever closer. In the 12 months

17 Sep 25

Don’t rush to judgement over pending tribunal claims

Mr. Aslam, a former Metroline employee, applied to another bus company on 13 April 2019, disclosing that he suffered from partial hearing loss, depression, anxiety, insomnia and

15 Sep 25

Understanding working capital and why it matters

Working capital is a simple but powerful measure of a business’s financial health. It is the difference between current assets and current liabilities. In other words, it shows

15 Sep 25

Why you should maintain a tax reserve

Every business has a duty to pay tax, whether that is Corporation Tax, VAT, PAYE, or personal tax liabilities for the owners. While these payments are predictable, many businesses

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

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

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

Budget date announced

The Chancellor of the Exchequer, Rachel Reeves has confirmed, in a video message, that the next UK Budget will take place on Wednesday, 26 November 2025. Details of all the Budget

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,

Year: 2025

Unauthorised issue of a VAT invoice

Beware scams pretending to be HMRC

Don’t rush to judgement over pending tribunal claims

Understanding working capital and why it matters

Why you should maintain a tax reserve

What is the settlement legislation?

How to pay corporation tax online

16 years old – the minimum age for a company director

Budget date announced

Using your own car for work purposes

Benefits of the VAT Cash Accounting Scheme

What is the High Income Child Benefit Charge?

The Marriage Allowance if circumstances change

SJPR