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Business News

Could you save on summer childcare costs?

02/07/2019

The recent heatwave has most definitely signalled that summer has finally arrived and it is now only a couple of weeks until schools break up for the long-awaited summer holidays. Many working parents of school-age children will take the chance of a family holiday away from home, but it also means the age-old problem of having to find somewhere for the children to go while they are out of school and covering the costs.

Could you save on summer childcare costs?

30% of self-assessment taxpayers don’t pay their full tax bill

25/06/2019

Research by Dr Arun Advani of the University of Warwick for the Social Market Foundation (SMF) has found that one third of people who complete and submit a self-assessment underpay the amount of tax due.

30% of self-assessment taxpayers don’t pay their full tax bill

Pensions Regulator increases crackdown on workplace pensions non-compliance

12/06/2019

A Freedom of Information request has showed that the number of fines being issued to employers who have failed to comply with their workplace pension duties has continued to rise. In 2018/2019 more than £68 million was generated from such fines, with almost £15m of that coming from fixed penalty notices.

Pensions Regulator increases crackdown on workplace pensions non-compliance

7 Ways To Save Tax In 2019/20

21/05/2019

We are still in the early period of the new tax year which started on April 6th, 2019 and ends on 5th April 2020. With over ten months left what can you do to make sure you are as tax efficient as possible and that you don’t pay any more tax to HMRC than is necessary - Here's our tips:

7 Ways To Save Tax In 2019/20

HMRC Late Tax Return Penalties

24/04/2019

If you were due to submit a self assessment tax return for 2017/2018 but have not done so (the deadline was 31st January 2019) then you will shortly receive a penalty notice from HMRC - The initial penalty amount is £100 and this is regardless of your tax position. HMRC may even owe you but you will still be fined!

HMRC Late Tax Return Penalties