Business

As we move further into the digital age, many industries are gradually abandoning paper-heavy administrative processes in favour of streamlined, digital solutions. HMRC first introduced the concept of Making Tax Digital (MTD) in 2015, with the aim of phasing out paper-based tax returns and shifting to digital submissions via approved software — ushering in a system of real-time tax.

All companies operating in the UK must be registered with Companies House. Once registered, they are required to submit an annual Confirmation Statement and Annual Accounts, which help the public, investors, and government assess a company’s financial health and operations.

The Prime Minister proposes stricter immigration rules with English Tests and Delayed Settlement. UK and US announce trade deal. Interest rate cut to 4.25% by Bank of England.

Temu to stop selling goods from China directly to US customers. House prices fall in April as stamp duty changes kick in. Milkshakes and lattes could be covered by sugar tax.

Selling homemade food in the UK is subject to regulatory oversight, just like opening a restaurant. You must obtain the necessary certifications, fulfil your tax obligations, and may even be eligible for tax relief.

New tax rises warning as borrowing jumps in UK hit by tariff wars. Energy price cap set to fall in July, according to forecast. Retail sales see biggest rise for nearly four years.

With the new financial year, a series of tax increases announced in last autumn’s budget came into effect. These changes impact not only income tax, corporation tax, and capital gains tax but also pension reforms, national insurance adjustments, and taxation on high earners and new UK residents’ global income.

UK Prime Minister Sir Keir Starmer Paid £54,718 in Tax Last Year. Inflation continues to fall, more interest rate cuts are expected this year. Number of payrolled workers in UK fell by 78,000 ahead of budget tax rise

HMRC halts phone and webchat self-assessment refunds. Super-rich flee London: the loss of millionaires second only to Moscow. HMRC halts phone and webchat self-assessment refunds.

UK Government Recorded a Surplus of £15.4 Billion in January – Is the Government Really Out of Money?

Hundreds of UK companies have been fined for submitting false information during registration. Donald Trump has imposed 10 per cent tariffs.

Global E-commerce Market Reaches New Heights! How to Strategically Position Yourself for Success?

Today, let’s discuss how ecommerce sellers can seize the opportunity offered by AI tools to grow their business. 

Labour plans to implement a 2% wealth tax to generate additional billions of pounds in revenue.

Running a business is not always successful- so, when do you need to consider closing it down?

When running a company, unforeseen challenges can arise. However, if you’re not ready to dissolve or liquidate the company, what can you do?

Today, we provide a guide detailing who must register for a self-assessment tax return, deadlines, and associated penalties.

For business owners, one of the most stressful events is likely a surprise visit from the tax office without any prior notification.

In the past decade, the UK tax authority (HMRC) has frequently conducted surprise audits, with the rate of this increasing each year.

According to the report, the average salary for CEOs of FTSE 100 companies last year reached a record high of £4.2 million.