News - Holeys

02-03-2023

Businesses must be prepared for imminent changes to Corporation Tax

Businesses should be planning for the rise in Corporation Tax (CT), which comes into force from 1 April 2023, and sees the top rate of tax rising

02-03-2023

Employers brace for uplift to the National Minimum Wage

Workers across the UK will get a pay rise from April as higher National Minimum Wage (NMW) rates are introduced. According to the Government, around two million

02-03-2023

Fuel rate boost for electric car drivers, but other advisory fuel rates cut

Company car drivers will see changes to the amount they can claim back for fuel costs from their employer from 1 March. HM Revenue & Customs (HMRC)

23-02-2023

The VAT filing deadline is approaching: How to get prepared

It’s important to stay up to date with the latest regulations and requirements related to taxes, including Value Added Tax (VAT) to avoid penalties. HM Revenue &

09-02-2023

How can you deal with VAT return errors?

If you are running a business, handling VAT returns can be complex. You may have submitted returns with errors previously if you were unsure of what to

08-02-2023

Think about the support you need for your business

Your business may be sailing along quite nicely, or it may be struggling with the effects of shortages, rising prices and an energy crisis. In both cases

08-02-2023

Taxation planning should be an ongoing process, not just pre-Budget

With the Spring Budget looming in March, it is easy to be tempted to delay tax planning until afterwards in hopes of favourable tax cuts. However, the

08-02-2023

How can you achieve taxation ‘quick wins’ before the end of the tax year

With the end of the tax year fast approaching on 5 April, it makes sense to assess your tax situation and make use of the reliefs and

08-02-2023

MTD for ITSA is delayed. Should you still go ahead with cloud accounting?

Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA) will now come into effect in April 2026 for businesses, self-employed individuals, and landlords with gross business and/or property income

08-02-2023

What you should include in a business plan

Business plans provide goals to work towards, help identify potential problems, give insight into competitors, and highlight potential opportunities. A great business plan should include a concept,

08-02-2023

Avoid these costly VAT mistakes

Small business owners need to take measures to avoid costly mistakes when it comes to calculating, reporting and paying Value Added Tax (VAT). The best way to

12-01-2023

How can your business overcome cash flow issues?

During the cost-of-living crisis, you may be feeling concerned about the cash flow of your business. As a business owner, cash flow issues can be one of