Side hustle tax return threshold to rise to £3,000
Posted by Karen Jones on March 13, 2025Government has announced the side hustle tax return threshold will rise from £1,000 to £3,000. The only problem is that we don’t know when!
Why you need to change Accountants
Posted by Mark Boulter on March 12, 2025Time to change accountant? Mark looks at some of the benefits when you change accountants and why it’s important to find the right one.
Can a shareholder request an audit?
Posted by Andy Green on March 6, 2025We’re often asked, “Can a shareholder request an audit?” In some cases, they can – but not all. We take a closer look at the rules.
Understanding the 2-year rule for audit thresholds
Posted by Andy Green on February 27, 2025We look at how the 2-year rule for audit works – and how it can determine whether your company is exempt from needing a statutory audit.
Retail businesses – helping them survive
Posted by Andy Green on February 19, 2025Retail businesses were already having a hard time even before the pandemic but now things have become a lot harder. How can we assist?
HMRC’s side hustle tax campaigns
Posted by Karen Jones on February 13, 2025HMRC frequently launches side hustle tax information campaigns. If you have income from a side hustle, do you know whether you should pay tax?
Off payroll working thresholds have changed
Posted by Jon Pryse-Jones on February 11, 2025In April 2025, off payroll working thresholds changed. Many companies have been recategorised from ‘medium’ to ‘small’ businesses.
Audit exemption thresholds
Posted by Andy Green on February 6, 2025In most cases smaller companies do not need to have an annual statutory audit but these thresholds are overridden by other considerations in some circumstances.
Safety and security declarations needed for EU imports
Posted by Andy Green on January 23, 2025All goods imported from the EU now need a safety and security declaration. We look at how the new system works.
Make sure your business doesn’t fall foul of the Minimum Wage legislation
Posted by Jon Pryse-Jones on January 22, 2025Minimum wage legislation – it’s important to review employees wage rates regularly to make sure you are complying with the law
