Business plan
A business plan can play a vital role in the success of any business - but what are its key constituents?
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What can you learn from HMRC’s input tax toolkit?
You know that penalties can be charged on careless errors and many mistakes relate to input tax being wrongly claimed. How can HMRC’s input tax guidance help your business to claim the right amount?
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A £3,000 side-hustle allowance: more generous than it looks?
People making money from small side businesses will have more room to earn without paying income tax, following a Budget decision to triple the trading allowance. However, the figure relates to what you receive before expenses, not the profit you keep. Will the £3,000 allowance actually save you tax?
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HMRC increases penalty interest rates
An increase in the Bank of England base rate also increases the penalty interest charged by HMRC on underpaid taxes. What are the new rates?
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