Introduction Truck stops across England are set to undergo a significant upgrade, thanks to a collaborative effort between industry players and the government. With a combined investment of £16.5 million, 38 HGV rest areas will see substantial improvements aimed at...
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Avoid the £10 Daily Penalty for Self-Assessment
£10 daily penalty for Self-Assessment starts on 1st May Starting from 1st May 2024, individuals who have yet to submit their overdue Self-Assessment tax return for the 2022-23 tax year will incur additional late filing penalties of £10 per day (capped at a total of...
Digital skills gap found in the logistics sector
Introduction As the world becomes increasingly digitised, industries are facing a pressing need to adapt to technological advancements. The logistics sector, a cornerstone of the UK economy, is no exception. Recent findings from a report by Neos Networks have unveiled...
What does an accountant do?
In the UK, Chartered Accountants play a crucial role in financial management for businesses and individuals alike. They are responsible for preparing and examining financial records, ensuring accuracy and compliance with relevant regulations. Chartered Accountants...
Hi-Tech Automation – 12 months into Employee Ownership
Employee Ownership is where the whole or part of a Company is owned by, or on behalf of, its employees. The government introduced some new and relatively generous tax reliefs for employee-owned companies in 2014 and since then Employee Ownership Trusts (“EOTs”) have...
UK company size thresholds to increase
To cut complexity and burdens from legislative reporting requirements, the thresholds for company sizes in the UK are being increased by 50%. Following the Spring Budget, it has been announced by the Prime Minister Rishi Sunak that the company size thresholds will be...
The tax year ends on 5th April each year, why is this?
Well you can blame the Romans, especially Julius Caesar and Europe. Back in 1582 the Pope Gregory X111 commanded the change from the Julian calendar as there was a problem. It ran for 30 or 31 days for 11 months and it was only February that had 28 days (29 every 4...
Sir Geoffrey Vos believes AI will change principles and practices of common law
Artificial intelligence (AI) is poised to revolutionise the practice of law, potentially reshaping the principles of common law, according to Sir Geoffrey Vos, the Master of the Rolls. Speaking at the Manchester Law Society, Sir Geoffrey offered an optimistic view of...
BVA launch ‘Return to Work’ toolkit to tackle staffing problems
For veterinary practice, recruitment and retention have long been persistent hurdles. Fostering positive workplace environments is pivotal not only in attracting fresh talent but also in enticing skilled professionals back into the profession. To confront this issue...
Truck stops to be upgraded
Introduction Truck stops across England are set to undergo a significant upgrade, thanks to a collaborative effort between industry players and the government. With a combined investment of £16.5 million, 38 HGV rest areas will see substantial improvements aimed at...
Avoid the £10 Daily Penalty for Self-Assessment
£10 daily penalty for Self-Assessment starts on 1st May Starting from 1st May 2024, individuals who have yet to submit their overdue Self-Assessment tax return for the 2022-23 tax year will incur additional late filing penalties of £10 per day (capped at a total of...
Digital skills gap found in the logistics sector
Introduction As the world becomes increasingly digitised, industries are facing a pressing need to adapt to technological advancements. The logistics sector, a cornerstone of the UK economy, is no exception. Recent findings from a report by Neos Networks have unveiled...