Cash Flow Management: Essential Tips for Small Businesses
Cash Flow Management Cash flow is the lifeblood of any business, especially for small businesses and startups. It determines whether a business can pay its bills, invest in growth, and remain operational in the long run. Despite the importance of cash flow, many small business owners struggle with managing it effectively, which can lead to … read more Cash Flow Management: Essential Tips for Small Businesses
Why Outsourcing Your Accounting Can Save Your Business Money
Managing finances is one of the biggest challenges for small businesses and startups. Between tax compliance, payroll processing, financial forecasting, and bookkeeping, it is easy to get overwhelmed. Many business owners attempt to handle their accounting in-house, thinking it will save money—when in reality, it often costs them more in errors, inefficiencies, and lost opportunities. … read more Why Outsourcing Your Accounting Can Save Your Business Money
Financial Planning for Startups: How to Build a Strong Foundation
Financial Planning for Startups Starting a business is an exhilarating journey, filled with highs, lows, and unexpected turns. But before diving headfirst into the entrepreneurial world, it’s essential to lay down a solid financial foundation. Effective financial planning is the backbone of any successful startup. Without it, even the most innovative ideas can quickly crumble … read more Financial Planning for Startups: How to Build a Strong Foundation
BBC News
- Trump says it is highly unlikely he will fire US Fed chair July 16, 2025The US president admitted he had broached sacking Jerome Powell but rowed back on removing him hours later.
- Boss of Guinness-owner Diageo suddenly steps down July 16, 2025Diageo boss Debra Crew steps down after board decision for her to go.
- Faisal Islam: Inflation complicates next month's interest rate decision July 16, 2025Higher inflation could give the Bank of England pause for thought over cutting interest rates.
- Trip drink ad banned over claim it makes you calm July 16, 2025The ad for the cucumber and mint drink made unauthorised health claims, the advertising watchdog found.
- Barclays fined millions over financial crime risk lapses July 16, 2025The UK's financial watchdog says the bank had failed to properly check two of its clients.
- Co-op boss confirms all 6.5m members had data stolen July 16, 2025In her first interview since the attack, Co-op's chief executive said she was "incredibly sorry" to customers.
- US and Indonesia reach tariff deal July 16, 2025The US will lower its tariffs threatened on goods from Indonesia to 19% from a planned 32%.
- UK inflation at highest for almost a year and a half July 16, 2025Food and clothing prices rose more quickly while fuel fell only slightly, boosting the overall rate of inflation.
- UK inflation at highest for almost a year and a half July 16, 2025Food and clothing prices rose more quickly while fuel fell only slightly, boosting the overall rate of inflation.
- When will interest rates go down again? July 16, 2025The interest rate set by the Bank of England affects mortgage, loan and savings rates for millions.
HMRC working with tax agents
- This blog is now archived September 6, 2022Please note that this blog is no longer being updated.Geoff Greensmith
- Mandating the use of P87 forms - Frequently asked questions for agents May 11, 2022From 6 May new secondary legislation came into force allowing HMRC to specify the format of P87 applications. HMRC has updated the form they want customers to use on GOV.UK and from 7 May 2022 all P87 applications must be made on this form.Geoff Greensmith
- End of bulk appeals for late filing penalties May 5, 2022The temporary reintroduction of bulk agent appeals for 2020 to 2021 Income Tax Self Assessment (ITSA) late filing penalties, will come to an end on 6 May 2022 as planned.Geoff Greensmith
- Agent Update 95 has been published April 21, 2022Agent Update 95 is available now and contains the latest articles, updates, help and support for the entire agent community.Geoff Greensmith
- How is HMRC upholding the Standard for agents? April 5, 2022HMRC has published an in-depth review on upholding standards for agents. The review sets out our approach and the statutory powers available to us when dealing with breaches of the Standard. It brings together contributions and examples of work from across HMRC and it’s the first time this information has been published in one place.Geoff Greensmith
- Authorisation to discuss Self Employment Income Support Scheme (SEISS) grants on behalf of your clients March 29, 2022We may not be able to talk to you about your clients’ SEISS grants unless we receive additional consent from them. This is because our existing process – the 64-8 agent authorisation – was not designed to cover the support provided in response to coronavirus, such as SEISS grants, so the usual taxpayer confidentiality rules apply. We require this additional authorisation […]Geoff Greensmith
- New 64-8 agent authorisation form March 24, 2022From 31 March 2022, new clients will need to use a new form 64-8 to give authorisation for you to deal directly with us on their behalf. Existing clients do not need to re-authorise their current relationship.Geoff Greensmith
- Spring Statement 2022 March 23, 2022The Chancellor made his annual Spring Statement speech today where he set out the Government’s tax plan to support the UK economy, businesses and families in both the short and the medium term.Geoff Greensmith
- Agent Update 94 has been published March 17, 2022Agent Update 94 is available now and contains the latest articles, updates, help and support for the entire agent community.Geoff Greensmith
- Bulk appeal for Late Filing Penalties – Coronavirus March 2, 2022Due to the impact of coronavirus on individuals and businesses around the country, HMRC has not issued a Late Filing Penalty for anyone who has been unable to file their 2020-21 self-assessment return by 31 January 2022 providing they did so by 28 February 2022.Geoff Greensmith
HM Revenue & Customs – Activity on GOV.UK
- Corporate Finance Manual July 16, 2025An introduction to corporate finance legislation covering loan relationships, foreign exchange (FOREX) and derivative contractsHM Government
- Labour Provider Guidance July 16, 2025Guidance and information on Labour ProviderHM Government
- Research: HMRC Datalab July 16, 2025Information about the Datalab, which allows approved researchers from contracted institutions to access de-identified data in an on-site secure environment.HM Government
- Guidance: Customs civil penalties July 16, 2025Find out about the law and regulations for customs civil penalties.HM Government
- HMRC email updates, videos and webinars for money laundering supervision July 16, 2025Learn more about money laundering regulations, your responsibilities and how to report suspicious activity.HM Government
- HMRC email updates, videos and webinars for VAT July 16, 2025Learn more about VAT including accounting schemes, VAT Returns and keeping records.HM Government
- Special procedure: authorised use (end-use) July 16, 2025The guidance applies to imports to Great Britain (England, Scotland and Wales). Imports to Northern Ireland are subject to the Union Customs Code. In Northern Ireland, authorised use is referred to as end-use.HM Government
- Authorised use July 16, 2025Information on authorised use, including what goods are eligible and how to apply for authorised use.HM Government
- Types of inward processing Authorisations July 16, 2025Information on the types of inward processing authorisations.HM Government
- Special procedure: inward processing July 16, 2025Inward processing allows private individuals and traders to suspend customs duty and import VAT on goods that they import from outside the UK.HM Government