Stay updated with the latest accounting news, tax updates, and financial insights to help you make informed decisions.
Avoid 60% Income Tax band
July 2, 2026
A ‘60% Income Tax band’ can arises when an individual’s income exceeds £100,000 in a tax year. Once this threshold is...
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Meaning of Carried Interest
July 2, 2026
Carried interest is essentially a share of the profits from an investment fund that is paid to the fund managers. Unlike...
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Construction Industry Scheme responsibilities
July 2, 2026
The Construction Industry Scheme (CIS) is used within the UK construction sector to help manage payments between...
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Don’t forget to pay your Class 1A NICs
July 2, 2026
Employers are reminded that Class 1A National Insurance contributions (NICs) for the 2025-26 tax year must be paid by 19...
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Meaning of Permanent Establishment
July 2, 2026
The term permanent establishment (PE) is an important tax concept for businesses that operate across international...
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Are you too dependent on one customer?
June 29, 2026
Many successful businesses begin by working closely with one major customer. While this can provide valuable income and...
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Five ways to improve customer retention
June 29, 2026
Winning new customers is important, but many businesses overlook the value of keeping the customers they already have....
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Employee travel expenses
June 25, 2026
There is no requirement to report certain travel and subsistence expenses where an exemption applies. The travel and...
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Tax treatment of loans to employees
June 25, 2026
Employees may receive a taxable benefit where an employer provides a loan that is interest-free or charged at a rate...
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