Wem & Co Chartered Accountants

It’s time for HMRC to update the Advisory Fuel Rates for company car usage.

These changes will come into effect on 1 June.

Contact us today for assistance with your payroll and benefits.

A temporary VAT cut for the school holidays sounds great!

In practice, the Great British Summer Savings Scheme is full of small print and arrives during the one period when many leisure businesses least need a demand boost.

Read our latest blog to find out more: https://ow.ly/NVYw50Z52ao

Side hustle summer pending.

Don’t let your summer side hustle leave you owing HMRC an unexpected tax bill.

Read more: https://ow.ly/Vlb050Z4IU7

65 per cent of MTD affected people have still not registered.

Now more than a month overdue, what is the risk of leaving it so late?

Read more: https://ow.ly/jlKC50Z4i2X

Economic growth and falling inflation have come as a surprise counter to analysts’ expectations.

How will this affect the future of UK businesses?

Read more here: https://ow.ly/cS1c50Z2zmN

Who can you trust for tax advice?

HMRC has rolled out a new registration requirement for tax advisers who are paid to interact with HMRC on behalf of clients aiming to change the way that tax advice is given.

Read more: https://ow.ly/VgHS50Z26qW

Is your business set for the summer?

Recent changes to employment rights and payroll obligations may affect how you handle seasonal work.

Read more: https://ow.ly/K4Uo50Z1uyY

New research shows 54 per cent of finance brokers say their SME clients are worried about a recession.

Our latest blog breaks down what's really happening with the UK economy and what practical steps SME owners can take right now to protect their businesses.

Read our latest blog: https://ow.ly/AXyT50YZt9o

47 per cent of Britons would back a tax on AI work, according to new research and OpenAI is calling for one in the US.

Could the UK actually introduce such a tax and what would it mean for businesses already investing?

Read more: https://ow.ly/bJmT50YYPg1

Recent data by PensionBee found that lower-paid self-employed workers are twice as likely to file their Self-Assessment tax return late.

Taxpayers need to know the risks of filing late and the support we can offer to keep them compliant.

Read more: https://ow.ly/G2Zv50YY1SL