Insights

Did you know that the average person will switch jobs 11 times during their career, and accumulate 11 different pensions along the way?

From 1st January 2024, HMRC implemented new rules requiring online marketplaces to collect all seller information and report seller income.

The EU announced that starting from 2025, users of third-party short-term rental platforms need to pay VAT on rental income received.

Recently, many large companies in the UK have declared bankruptcy. It was only last year that the major UK retailer Wilko went bankrupt.

The Prime Minister Rishi Sunak announced that if the Conservative Party wins the election, mandatory national service will be reintroduced.

<p>Underreporting of £320,000 in taxes results in business licence being revoked for 8 years!  it&#8217;s crucial to remember that no matter what business you run, you need to fully comply with your tax obligations – they are applied very strictly! Recently, a High Court judge in the UK imposed severe penalties on a restaurant owner [&hellip;]</p>

<p>What is a ‘salary sacrifice’ pension scheme? Have you heard of ‘salary sacrifice’ pensions? This type of occupational pension is aimed at helping individuals save on tax contributions whilst also contributing to their pension. Let’s find out more! 1. What is &#8216;salary sacrifice&#8217;? A salary sacrifice arrangement equates to tax savings for employees. Employees agree [&hellip;]</p>

A recent study by Canada Life revealed that due tax code errors, UK employees have so far overpaid approximately £5.8 billion in taxes.

Companies House can now utilise their new powers to inspect and supervise company registration names. 

In this day and age, more and more people are choosing not to get married. However, in terms of tax, married couples can enjoy benefits.

Many British companies are likely familiar with Research and Development (R&D) tax relief, which is a very beneficial tax allowance.

We’re now in a new tax year.  If you were employed in the previous year, have you checked your P60?

The well-known restaurant chain Ping Pong has replaced its 12.5% service charge with a new optional 15% ‘brand’ charge. 

the UK enjoys a unique political and economic environment, which has attracted large number of people from all over the world.

Many savers are currently benefiting from elevated interest rates compared to the record lows seen in previous years.

Recently, Rightmove analysed 360 administrative regions of the UK and summarised a list of the hottest rental locations in the UK

Did you know that you can also accumulate NI credits to help build up the number of years so that you can receive the full State Pension?

You may have heard of the internet sensation ‘Salt Bae’, who opened the restaurant Nusr-Et in Knightsbridge back in September 2021.

After the passing of the Queen, Prince Harry’s decision to pay respects to his late mother sparked numerous controversies. 

In the UK around 45 million people regularly play the lottery. The vast majority of them have never won anything.