About: Dev19

The government has announced the reinstatement of Winter Fuel Payments for pensioners in England and Wales for winter 2025-26, reversing the previous year's cuts. Around nine million pensioners are expected to benefit from this decision, with payments of £200 per household or £300 for households where someone is aged 80 or over.Eligibility will be based…

HMRC missed out on £46.8bn in tax last year. Small businesses and Corporation Tax make up the biggest share of the shortfall.The tax gap for the 2023-24 tax year has been published and is estimated to be 5.3% of total theoretical tax liabilities.The tax gap is basically the difference between the amount of tax that…

Registering for payroll is essential when hiring staff. From HMRC registration to legal compliance, getting payroll processes right ensures your team is paid correctly and your business avoids penalties.When starting a business and hiring employees for the first time, one of the most important administrative steps is setting up a payroll scheme. This process ensures your…

Side income over £1,000 may mean filing a tax return. HMRC is urging part-time earners to check their tax position for 2024-25, especially if they earn from casual work, renting, or crypto.If you are earning extra income it is important to be aware of the tax implications.The good news is there are two £1,000 tax allowances…