How a business grows financially by retaining profits
Many business owners focus on sales as the main driver of growth. Sales matter, but they are only…
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The link between planning and progress
Most business owners know that progress matters, but many still hesitate when it comes to planning. It can…
Christmas crafters and tax
If you earn fees or sell goods as a side hustle, you may need to pay tax on…
What is a demerger?
A demerger involves splitting the trading activities of a single company or group into two or more independent…
Taxable & tax-free state benefits
While there are many state benefits available, it is not always clear which of these are taxable and…
National Insurance credits and Child Benefit
Claiming Child Benefit can provide an important benefit by granting National Insurance credits. If you claim Child Benefit…
Claim flat rate expenses for work clothing and tools
If you use your own money to buy items for work, you may be eligible to claim tax…
MTD – qualifying income
Making Tax Digital for Income Tax (MTD for IT) will become mandatory in phases from April 2026. If…
Early termination of probation can constitute wrongful dismissal
The claimant began employment as a Contracts Coordinator on 23 January 2023, subject to a contractual 6-month probationary…
Preparing for tighter credit conditions in 2026
Many small businesses rely on a mix of overdrafts, card facilities and short term loans to maintain day…
Increase in the London congestion charge from January 2026
The daily charge for driving within the London Congestion Charge zone will rise from £15 to £18 from…
Paying tax arrears using HMRC payment plans
If you are unable to pay your tax bill, it's important to reach out to HMRC as soon…
