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Helping family or friends with their tax20250717040000

Helping family or friends with their tax

amicatech17th July 20250 comments
Need to help a relative or friend with tax? HMRC’s Trusted Helper service makes it quick and easy to support someone online. Whether it is checking In...

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Higher penalties for MTD filers20250717040000

Higher penalties for MTD filers

amicatech17th July 20250 comments
Making Tax Digital for Income Tax will become mandatory in phases from April 2026. If you are self-employed or a landlord earning over £50,000 you nee...

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Transfer pricing consultation20250717040000

Transfer pricing consultation

amicatech17th July 20250 comments
New UK transfer pricing rules could mean more reporting and fewer exemptions for mid-sized businesses. The government is consulting on proposals to ti...

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Why industry expertise matters when starting a business20250714040000

Why industry expertise matters when starting a business

amicatech14th July 20250 comments
Starting your own business can be an exciting and liberating decision. But passion and ambition alone are rarely enough. One of the most overlooked fa...

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Choosing the right KPI’s for your business20250714040000

Choosing the right KPI’s for your business

amicatech14th July 20250 comments
Key Performance Indicators (KPIs) are not just numbers on a dashboard; they are tools to help business owners make better decisions. But with so many ...

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Don’t forget to pay your Class 1A NIC20250710040000

Don’t forget to pay your Class 1A NIC

amicatech10th July 20250 comments
Employers must act now to meet the deadline for paying Class 1A NICs for 2024-25 to avoid HMRC penalties. These contributions are due by 19 July 2025 ...

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File and paying CGT after property sales20250710040000

File and paying CGT after property sales

amicatech10th July 20250 comments
Capital Gains Tax on certain residential property sales must be reported and paid within 60 days to avoid penalties and interest. The annual exempt a...

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Struggling to fund your July tax payment?20250710040000

Struggling to fund your July tax payment?

amicatech10th July 20250 comments
The second 2024-25 payment on account for self-assessment taxpayers is due on 31 July 2025. If you are finding it difficult to meet this tax bill, the...

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Goodbye remittance basis hello FIG20250710040000

Goodbye remittance basis hello FIG

amicatech10th July 20250 comments
Since 6 April 2025, the remittance basis of taxation for non-UK domiciled individuals (non-doms) has been replaced by the Foreign Income and Gains (FI...

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The impact of frozen personal allowances20250710040000

The impact of frozen personal allowances

amicatech10th July 20250 comments
The impact of frozen personal allowances often leads to fiscal drag, a situation where individuals pay more tax as their earnings rise without a corre...