Insights

With the Labour Party’s recent election victory, the UK is bracing for significant tax reforms that could affect both individuals and businesses. Understanding these changes is crucial for UK taxpayers, small business owners, and others who need to manage their finances effectively. In this article, we’ll explore the new tax policies proposed by the Labour government and what they mean for you.

Running a successful business means not only serving customers but also managing finances, including fulfilling tax obligations. For restaurant or bar owners, IT professionals, construction managers, and any adult citizens earning income outside traditional PAYE systems, registering for Self-Assessment is crucial. Whether you’re a sole trader or a partner in a business, our guide will help you through the step-by-step registration process, help you avoid common mistakes, and explain how to register online or by post and what to do after registration.

Applying for a sponsor licence is a crucial step for businesses intending to bring skilled workers from outside the UK. But there are several reasons why your application might be refused. Understanding these common reasons can help you avoid them and increase the likelihood of a successful application.In this article, we will explore the top five reasons why your sponsor licence application can be refused and provide tips on how to address these issues.

In the UK tax system, there’s a valuable benefit for married couples and civil partners called the Marriage Tax Allowance. Surprisingly, about 2.1 million eligible couples haven’t claimed this tax break, missing out on extra money that could help with their household expenses. This article explains who is eligible to claim, the financial benefits and effects on other benefits, and how Swiftacc can assist you.

Universal Credit is reshaping the UK welfare system by merging various existing benefits into a single, simplified payment. No matter whether you have received a Migration Notice or are considering a move due to a change in circumstances, understanding how to move to Universal Credit is vital. In this article, you will learn about the eligibility requirements, the application process, and all the necessary steps involved in transitioning from legacy benefits to Universal Credit.

Universal Credit and benefit systems are a lifeline for many across the UK, offering financial support to those in need. The government has proposed several major changes in Universal Credit that could significantly affect individuals relying on these benefits, and it’s essential to understand what these could mean for individuals relying on these services. Here’s a detailed look at how these updates could affect you from receiving benefits and pensions.