Corporate tax
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Understanding Payroll
Managing payroll is a critical function for any business, ensuring employees are paid accurately and on time while maintaining compliance with various legal and tax requirements. Despite its importance, payroll…
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HMRC basis reform period for sole traders, partnerships and unincorporated businesses
HMRC is planning to change the basis in which sole traders, partners in trading partnerships, and other unincorporated entities with trading income are taxed from the 2024/25 tax year.