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Voluntary repayment window for Covid grants opens

Voluntary repayment window for Covid grants opens

Individuals and businesses that received Covid payments they weren’t entitled to have until December to pay back any money owed under a voluntary repayment scheme. This period offers the grace of a ‘no questions asked’ solution for people to repay any grants they...
HMRC powers to raid bank accounts for unpaid tax revived

HMRC powers to raid bank accounts for unpaid tax revived

HMRC has once again been given powers to take money owing to it directly from people’s bank accounts when people persistently fail to pay the tax due. Most taxpayers, those who pay on time and in full, will have nothing to worry about. But the small minority that...
Why Year-End Accounts Are Not as Simple as They Look

Why Year-End Accounts Are Not as Simple as They Look

Every business in the UK must file year-end accounts, but many owners underestimate how complex the process really is. What starts as a checklist of tasks—tidying up your books, reconciling bank statements, and reviewing invoices—quickly becomes a technical exercise...