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Tax Diary June/July 2025

1 June 2025 - Due date for corporation tax due for the year ended 31 August 2024. 19 June 2025 - PAYE and NIC deductions due for month ended 5 June 2025. (If you pay your tax
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Is income from hobbies taxable?

Not every money-making hobby counts as a business for tax purposes. Knowing when a hobby crosses into trading territory is vital to avoid unexpected tax bills. If your side project
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Cybersecurity

Cybersecurity might sound like something only big corporations need to worry about, but in truth, small businesses are increasingly in the firing line. In fact, many cyber
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Access to Funding and Credit

For many small business owners, getting access to funding feels like trying to squeeze water from a stone. Traditional banks have always been a bit cautious when it comes to
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VAT Road Fuel Scale Charges

The new VAT road fuel scale charges applicable from 1 May 2025 to 30 April 2026 have been published. The changes amend the VAT scale charges for taxing private use of road fuel to
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