Author: Ammu Accounting

Self-employed workers will see a substantial reduction in their Class 4 national insurance contributions (NICs) for the current tax year

HMRC has launched a campaign of one-to-many letters given its increasing concern surrounding the electronic suppression of sales (ESS).

Companies without a digital invoice processing system in place are leaving themselves open to invoice fraud. Over the past year, nearly a third of businesses have been targeted.

For 2022/23, the tax gap has increased to a record £39.8 billion, with small businesses being blamed for around 60% of uncollected taxes.

With a majority of over 200 and a weight of expectations, what happens next for Sir Kier Starmer’s new Labour government? The importance of the first 100 days of a new government cannot be understated. Within that period the new […]

HMRC is warning iPhone users about a new wave of scam text messages claiming to be about tax refunds.

Employers need to be aware that since 6 April 2024, employees are entitled to take a week’s unpaid leave each year if they need to fulfil caring responsibilities for a dependant.

Taxpayers will benefit from the changes made to the high income child benefit charge thanks to all tax measures from the March 2024 Budget being enacted before parliament was prorogued.

Within one week of the surprise firing of the general election starting gun, both the Conservatives and Labour have been promoting their tax plans.

A useful new web tool has emerged, a little late in the game, in a joint effort from two government departments.

The Prime Minister Rishi Sunak surprised everybody on 22 May – including many in his own party – with his announcement of a general election on Thursday 4 July

It may seem counter-intuitive, but taking a pay cut and opting for a salary sacrifice scheme with an electric car can boost take-home pay thanks to tax and national insurance contribution (NIC) savings.