Struggling to keep up with payroll compliance? Discover the essential UK payroll rules every business must follow—plus expert advice from Kingston Burrowes, trusted payroll specialists in South East London. From PAYE and National Insurance to RTI submissions and pension auto-enrolment, this guide simplifies complex HMRC requirements so you can avoid costly mistakes and stay fully compliant.
Value Added Tax (VAT) is a critical consideration for businesses in the UK. Whether you are starting out or looking to expand, understanding VAT registration, filing requirements, and compliance steps is essential for staying on the right side of HMRC.
It is crucial for individuals and businesses operating in the Cryptocurrency space to understand exactly which Cryptocurrency transactions are taxable. Whether it’s Cryptocurrency received as employment income, mining rewards, buying and selling tokens, exchanging Cryptocurrencies, using them for payments, or giving them as gifts, each transaction may have tax implications.
As a Director of a Limited Company, it’s essential to pay yourself a salary and dividends in the most tax-efficient way possible. In the UK, tax rates and allowances are subject to change each financial year, making it crucial to stay up to date with the latest...
When a business incurs expenses, it is either capital or revenue (trading) expenditure. Expenses which are classed as capital expenditure, normally have a lasting benefit for the business (at least longer than a year). Revenue expenses on the other hand, usually...
This is the question we are often asked by small business owners and if you have recently launched a new business, you might also wonder the same. So, let’s explore the ins and outs of this key area of tax legislation, including the essentials such as when you must...