The UK government has announced a record-breaking £13.9 billion in research and development (R&D) funding for the coming year. This major investment is designed to drive
UK Responds to New US Tariffs
The UK’s Business and Trade Secretary, Jonathan Reynolds, has set out the government’s position following the United States’ recent imposition of new tariffs on UK exports. These
Tax Diary May/June 2025
1 May 2025 – Due date for corporation tax due for the year ended 30 July 2024.
19 May 2025 – PAYE and NIC deductions due for month ended 5 May 2025. (If you pay your tax
Be wary of the legitimacy of post-termination employment restrictions – they may not be reasonable or enforceable
Kau Media Group (KMG) Ltd. sought to enforce two post-termination employment restriction (PTRs) contained in a contract of employment to restrict Mr. Hart, a former employee, from
Make the most of trivial benefit payments 2025-26
Small gifts can mean big tax savings! Use the trivial benefits exemption in 2025-26 to reward employees with non-cash perks under £50 – no PAYE, no P11D, and no NIC. A smart,