Understanding quarterly instalment payments for corporation tax in the UK
Quarterly instalment payments (‘QIPs’) are a mechanism through which HM Revenue and Customs (‘HMRC’) collect corporation tax from ‘large’ companies.
Investing in a volatile world: time for some level-headedness
Investors need to be keeping a calm head in the light of market volatility caused by the trade tariffs crisis, says Matt Harrington of Lovewell Blake Financial Planning.
‘Formula for family business success’ the focus of latest Lovewell Blake/NFU farmers’ evening
The multi-faceted challenges faced by family farming businesses will be the focus of the first joint Lovewell Blake/NFU Farmers’ Evening of 2025, which takes place at Halesworth Golf Club on Wednesday 7th May.
Company car rules
The rules surrounding company cars are not clear cut and easy, and there are many different aspects to consider. We will take you through each consideration and where this may or may not be a tax saving.
Minimum wage rose on 1 April
Increases to the National Living Wage and National Minimum Wage took effect from 1 April.
Revenue recognition: what do I need to know?
Back in March 2024, the Financial Reporting Council (FRC) issued periodic review amendments to UKGAAP. Among the key changes is the introduction of a five-step model for revenue recognition, which has sparked considerable discussion.
Neonatal Care Leave – What do employers need to know?
The Neonatal Care (Leave and Pay) Act 2023 will be introduced in England, Wales and Scotland from 6 April 2025 which has been developed to support parents of babies who require neonatal care.
Making Tax Digital for Income Tax
HM Revenue & Customs are introducing Making Tax Digital (MTD) for Income Tax from 6 April 2026. This will change the way sole-traders and landlords keep their records and report their income and expenses.