Despite the cost-of-living crisis, Brexit, and COVID-19, small businesses in the UK are weathering the storm.

On the 31st May 2023, Suzy Kerton - Chief Executive Officer at Zyla Accountants presented at the Digital Practice Conference in Glasgow in association with Xero.

From today, June 1, 2023, HMRC has updated its Advisory Fuel Rates (AFR).

Policymakers have a golden opportunity to help small firms make the most of tourism season this summer as the holiday season kicks off, according to the Federation of Small Businesses (FSB.)

Over the past couple of months we've come across a few clients that wanted to know more about Director's Loans and how to make them work for your business.

HMRC has announced today the closure of the VAT registration helpline from Monday 22 May. This gives agents and taxpayers just five days’ warning that the service will end.

Xero, the global small business platform, has today launched a report revealing overall small business owner wellbeing is currently below that of the general population, serving as a reminder of the myriad challenges small business owners are dealing with in 2023 – including high inflation, slowing economic growth, concern about staff wellbeing and general uncertainty about the future.

If you have previously registered a scheme with HMRC, you must submit an online end-of-year return for each registered scheme by midnight on 6th July.

Small business confidence recovered strongly between Q4 2022 and Q1 2023, but is still in lightly negative territory, according to the latest Small Business Index report.

In your tax affairs, you may have encountered the term P60 if you're an employee or pensioner in the UK. Your annual earnings and tax deductions are recorded in this document. In this article Zyla Accountants will explain what a P60 form is, why it matters, and how to obtain a copy if necessary.