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If you’re topping up your income by taking on a second role, are you paying the correct rates of tax? Plus, good news for employers and apprentices as more flexible rules are introduced. Should you be paying tax on your side hustle? Conventional approaches to work and earning an income are changing and with the…Read More
Today’s blog post covers a wide variety of topics, from topping up your contributions to your State Pension, to how to ensure cyber criminals can’t access your sensitive data once you’ve disposed of your old electronics. Plus, a warning for charities to protect themselves from fraud, and upcoming duty changes for the alcohol industry. Would…Read More
Today we guide you through the exciting but scary world of setting up your own business. From choosing a business structure which will work for you to book keeping and how to pay your tax bill, we cover it all! Are you thinking about starting a new business? Starting a business in the UK is…Read More
You may just be recovering from completing your latest tax return, but now really is the time to start planning for next year’s! We give you some guidance on how to feel more prepared for next year. Plus, is cash still king? And a deposit return scheme for drinks containers in England and Northern Ireland. …Read More
Today we look back on Rachel Reeves’s recent speech giving details of the government’s plans to deliver economic growth, plus how the recent storms have affected UK businesses. Chancellor’s speech: An update on economic growth measures The Chancellor of the Exchequer, Rachel Reeves, delivered a speech last week that served as an update on the…Read More
A variety of topics are included in today’s blog post, including the importance of tax planning to reduce tax liabilities, how the Chancellor is attempting to nurture the financial sector, and the latest initiative to encourage more sustainable packaging. Why you should prioritise tax planning before the tax year ends As the UK tax year-end…Read More
Today we give you a final nudge to ensure your tax return has been filed before Friday, how the rising government borrowing costs could impact your business, and the lowdown on the upcoming safety and security declaration requirements. Only a few days left to file tax returns There are only a few days left now…Read More
Today’s blog post reviews last week’s debate in Parliament focusing on the Renters’ Rights Bill, the CMA uses their new powers to investigate Google and the government promise £7 million for SME owners to invest in AI. Renters’ Rights Bill continues to progress The Renters’ Rights Bill returned to Parliament for debate last week and…Read More
To start the week we review how the fall in inflation levels could affect your business, the government want to encourage the use of Artificial Intelligence in industry and Germany have been temporarily banned from exporting meat to the UK due to a Foot and Mouth outbreak. Inflation falls to 2.5%: What this means for…Read More
In today’s blog post from MLS Accountancy, we look at the long-term future of UK steelmaking, a warning from the VOA as they suspend two business rates agents and the government announce measures to provide remote areas with faster broadband. New Steel Council launched to rebuild the UK’s steel industry Business Secretary Jonathan Reynolds co-chaired…Read More
Today we look at how high street retailers are tackling the rising wage costs by passing the increases to the consumer, the tax return deadline of 31st January draws closer, and how will AI support or challenge your business? Navigating pricing strategies amid rising wage costs: Insights from Next Tax measures taking effect in April…Read More
Today we point budding entrepreneurs in the ICO’s direction where they are offering advice and guidance on data protection, we remind you of the importance of right to work checks and celebrate Bradford being 2025’s UK City of Culture. ICO highlights data privacy to new startups January can often be the time of year when…Read More
Today we focus on setting business goals for the New Year, a gentle reminder that HMRC’s deadline for your tax return is only a matter of weeks away, and top tips on helping your workforce to get fitter. A fresh start: Reviewing your business goals for the New Year The start of January marks a…Read More
As we wrap up for the Christmas break, we bring you all of the latest UK business news. We’d like to take this opportunity to wish all of our clients and readers a very Merry Christmas and a peaceful New Year! Spring Forecast scheduled for 26 March 2025 Rachel Reeves, the Chancellor of the Exchequer,…Read More
The new HMRC online tool launches to support the self-employed, bad news for caffeine addicts as the cost of coffee increases, and could the Chancellor help to improve UK-EU trade relations? All in today’s blog post from MLS Accountancy! HMRC introduces new interactive tool for self-employed people HM Revenue and Customs (HMRC) have announced the…Read More