We have set out below some of the issues you will need to consider if you are contemplating selling your goods or services online for the first time. 1. Business and Legal Considerations Determine Online Sales GoalsDefine whether you are selling locally, nationally, or internationally and the expected scale of operations. Legal ComplianceEnsure you […]
Chancellor Rachel Reeves has scheduled the UK’s Spring Statement for 26 March 2025. This event will feature the Office for Budget Responsibility’s (OBR) latest economic and fiscal forecasts, accompanied by a parliamentary statement from the Chancellor. Reeves has emphasized her commitment to delivering one major fiscal event annually to provide stability and certainty for families […]
The ongoing refusal of the UK government to compensate women affected by changes to the state pension age, often referred to as WASPI (Women Against State Pension Inequality) claimants, continues to provoke widespread criticism. This controversy centres around women born in the 1950s who were significantly impacted by the transition from a state pension age […]
Selling online? From 2024, digital platforms must report your information to HMRC if sales exceed £1,700 or 30 goods a year. Casual sellers are exempt, but regular traders may need to register for Self-Assessment. New rules, which became effective from 1 January 2024, require digital platform operators in the UK to collect and verify information about […]
Can’t pay your tax bill in full by 31 January 2025? HMRC’s online Time to Pay system lets self-assessment taxpayers spread the cost over monthly instalments. With plans available for tax bills up to £30,000, this flexible option can help you avoid late payment penalties. Those eligible for the self-serve option can arrange payments online […]
Over one million parents have now claimed Child Benefit online or via the HMRC app, with 87% of new claims using this speedy service. If you’ve recently had a baby or a child joins your family, applying online ensures you get support quickly-right when you need it most. HMRC’s Director General for Customer Services, said: […]
Do you have a zero target for your Inbox or are you the victim of an ever growing list of emails? This post sets out a number of ideas that you may want to consider starting 2025 with an ambition to restore sanity to your email management. Adopt the “Inbox Zero” MentalityAim to keep your […]
As we stand on the cusp of a new year, we extend our warmest wishes for a prosperous and successful 2025. The past year has been a testament to the resilience and adaptability of businesses worldwide. As we look ahead, it’s clear that the coming year will bring its own set of challenges and opportunities. […]
As we approach the end of the year, business owners must turn their attention to planning for 2025. While the temptation to delay may be strong-especially during the busy holiday season-failing to prepare for the year ahead could hinder growth and profitability. Here are the key reasons why business planning for 2025 is not just […]
In today’s ever-changing economic landscape, businesses must remain agile and innovative to thrive. One of the most effective ways to bolster resilience and ensure long-term success is by developing new income streams. Diversifying revenue sources not only provides financial stability but also opens up opportunities for growth and adaptability. Here are some key advantages […]