HMRC sets its sights on unpaid crypto tax

As the crypto asset sector grows, with an annual growth rate predicted to reach around 12 per cent, taxpayers with digital assets need to remain tax compliant. Tax regulations and knowledge have struggled to keep pace with this investment type’s rapid growth, resulting in significant levels of unpaid tax and underreported income. In a bid […]

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Can you afford to miss your Companies House deadline?

For limited companies registered and operating in the UK, one of the requirements that directors must meet is filing annual accounts with Companies House. Comprising a collection of different documents, filing with Companies House ensures that the publicly available information about your company is correct. Because it is so important, there are penalties for not […]

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10 steps to prevent insolvency

Despite many owners’ fears, insolvency is avoidable through well-thought-out financial strategies and careful planning. There are several practical strategies for averting insolvency that you and your business should implement during times of strife and economic difficulty. Rethinking staffing strategies  During a downturn, businesses should evaluate their current staffing needs and consider adjusting staff levels to […]

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Trivial benefits in kind: A quick guide for employers

Making employees feel valued is critical for their morale, engagement, and overall well-being. Often, it’s the smaller gestures that have the most significant impact on employees’ perceptions of their work environment and employers. What are trivial benefits in kind? The term ‘trivial benefits in kind’ refers to minor token gifts that employers can offer staff […]

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MGI Midgley Snelling LLP invests at all levels with dual new hires

One of Surrey’s leading accountancy firms, MGI Midgley Snelling LLP, has welcomed two talented individuals to its team – further enhancing its support to business and personal service clients. Experienced tax professional, Henry Lloyd, joins the team from WoodWhite Accountants, where he spent 10 years of his career – first as a trainee, before working […]

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