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Macalvins > Latest news and blog > Business

Business

P11D – Remember to report before the July deadline!

Posted on 23 May 202423 May 2024

With the 6 July deadline nearing, it is essential to understand the updated reporting requirements for Class 1 National Insurance Contributions (NICs) on benefits in kind (BIKs). Employers offering benefits,…

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SME recovery continues as sustainability and growth take centre stage

Posted on 23 May 202423 May 2024

In its latest research into the UK’s SME economy, NatWest Group has identified an encouraging trend among the country’s independent operators, as SME growth continues for the fifth consecutive month….

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Preparing for the second payment on account – and what happens when you can’t pay?

Posted on 23 May 202423 May 2024

If you are a Self-Assessment taxpayer, it is almost time to make your second ‘payment on account’ – advance payments towards your tax bill. Those who submit a Self-Assessment tax…

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Gratuities and tips – What the delay to the Employment (Allocation of Tips) Act 2023 means for you

Posted on 23 May 202423 May 2024

The Department of Business & Trade (DBT) has released the finalised draft of the Code of Practice on Fair & Transparent Distribution of Tips – the next step towards bringing…

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Is your start-up ready to scale?

Posted on 17 May 202417 May 2024

Starting and growing a business is an aspiration that many entrepreneurs have. However, ensuring that the business’s growth is sustainable is essential to ensure it stands the test of time.

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Tax obligations for furnished lets – residential vs holiday

Posted on 15 May 202415 May 2024

There are different tax reliefs and reductions available for Furnished Holiday Lets (FHLs) and longer-term furnished rental properties.

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