News

HMRC has launched a digital tool to help businesses estimate what registering for VAT may mean for them.

HMRC will send Simple Assessment tax statements to pensioners in the next few weeks.

The ESFA has now published the 2024 edition of the Academy Trust Handbook, which covers the requirements academy trusts must comply with from 1 September 2024.

Following Xero’s recent announcement that they would be implementing price increases, many have seen this as just another symptom of the increased cost of living we are all facing; however, this is due to a change in the packages being offered. It is worth understanding the detail on these changes so that businesses can maximise the potential of their package and make sure they are on the right tariff.

With the new Labour government promise to hit the ground running in the first 100 days of power, no time was wasted announcing their first tax changes.

The Bank of England (BoE) cut interest rates from a 16-year high on Thursday 01 August, after a narrow vote in favour from policymakers divided over whether inflation pressures had eased sufficiently enough.

Xero has the benefit of an open Application Programming Interface (API), which means there are 1000’s of connections shown in their app marketplace which can integrate and talk with Xero. Some of these are their own packages which they have recently introduced as part of their core subscription.

Divorce can be one of the most difficult life events that an individual can face. With an estimated UK divorce rate of 42%, it is an area that we see increasingly often. The tax rules in connection with dividing up chargeable assets can be complex and must be considered prior to any financial order being agreed to protect against an unexpected tax burden.