News & Press

When you become an employee, depending on the salary that you earn, your employer will be able to calculate and deduct the correct amount of PAYE and National Insurance Contributions that you are due to pay to HM Revenue and Customs (HMRC)....

Tax Credits are payments from the UK Government. In the UK, there may be certain circumstances which mean that you are entitled to tax credits. There are two fundamental tax credits in the UK with the basics about tax credits being outlined...

Over the years there have been a number of tax amnesties, encouraging taxpayers to come forward to correct their tax affairs, declare their income and pay any tax due. These amnesties have come alongside greater information sharing between EU...

Who is likely to need to submit a return? Most income that is earned in the UK is liable to income tax. However, if you are an employee without any other sources of income, the tax you owe will be collected by the PAYE system meaning that you...

Announced in the spring budget of 2015, Making Tax Digital (or MTD) is the government’s pioneering initiative to modernise the UK tax system. By introducing digital record keeping across the board, the programme is set to revolutionise the...

Even experienced business owners can find it difficult to keep track of deadlines, allowable expenses and what information HMRC expects, especially when running day to day operations at the same time.At Wisteria, we support business owners...

1. You’re Unsure Whether You’re Paying Too Much TaxOne of the clearest signs is uncertainty around your current tax position. Many businesses simply accept their tax bills without knowing whether there are more efficient ways to structure...

Overlooking Financial Processes as the Business GrowsMany businesses start with simple systems that work well in the early stages. However, as turnover increases and operations become more complex, financial processes often fail to evolve...

January 31st is a tax advisers worst nightmare when it comes to filing deadlines. Many will understand that as the end of January draws in, working hours get longer and most new year’s resolutions regarding ‘eating healthier’ and ‘hitting the...

What Does an Accountant Do?An accountant focuses on managing and reporting financial information. This typically includes bookkeeping, preparing accounts, payroll, VAT returns and year-end reporting.For many businesses, an accountant plays a...

What Does a Tax Consultant Charge For?A tax consultant provides specialist advice focused on tax planning, compliance and financial efficiency. Unlike standard bookkeeping or reporting services, consulting tax support is often more strategic...

With rising costs, frozen tax thresholds and increased scrutiny from HMRC, relying on a single income source can create unnecessary risk.Exploring passive income ideas in the UK allows individuals to diversify earnings, improve financial...