National Insurance Changes 2025/26
Accountants Chester: National Insurance Changes 2025/26 Date: March 25, 2025 For businesses in Chester, the upcoming 2025/26 tax year (starting April 6th) brings significant changes to National Insurance Contributions (NICs). To navigate these changes, which will...
Cash Accounting Becomes the Default for Sole Traders
As of 2024, a significant change has been implemented in the way you manage your accounting: cash accounting is now the default method for your business.
Are You Missing Out on a Tax Refund?
It’s a question that likely pops into every UK employee’s mind at some point: “Am I paying the right amount of tax?” This blog will delve into what is often an overlooked subject, and explain what tax codes are, how they work, and how a simple check could mean a nice tax refund.
Understanding Payments on Account
Navigating Payments on Account can feel daunting for self-employed individuals. This initial instalment of our self-assessment series aims to clarify this frequently misunderstood part of the tax system.