by Pi Accountancy | Jan 8, 2024 | Taxes
Side Hustles: New Tax Changes As the gig economy continues to flourish, many people in the UK are turning to “Side Hustles” to earn an additional income. However, with the new tax year comes some new changes that every side hustler needs to be aware of....
by Pi Accountancy | Nov 23, 2023 | Business
The 2023 Autumn Statement brings substantial financial changes that effects everyone from employees and employers to pensioners. This is Pi Accountancy’s overview geared to unpack the key sections that could affect our clients. Read the full documentation here:...
by Pi Accountancy | Jun 10, 2023 | HMRC
HMRC Helpline Closed for 3 months On 8th June 2023, HM Revenue & Customs (HMRC) announced the temporary closure of their Self-Assessment helpline for three months. This closure is part of their ongoing efforts to improve customer service and streamline operations....
by Pi Accountancy | Jun 1, 2023 | Frequently Asked Questions
What Business Expenses can I Deduct? As a business owner (or small business owner) in the UK, you are allowed to deduct certain business expenses from your taxable income, reducing your overall tax bill. However it is important to note that not all expenses are...
by Pi Accountancy | May 3, 2023 | Business, HMRC
Anti-Money Laundering Regulations Money laundering is a criminal activity that involves disguising the proceeds of illegal activities as legitimate funds, which can include the proceeds from drug dealing, theft, fraud, bribery, corruption or tax evasion. Money...