Finance and accounting
2026 will bring significant changes to the UK's pension system. While key principles like the triple lock remain in place, there are still important adjustments to watch for. What impact will these changes have on future pensioners and how will the system evolve?
Payments on account are advance tax payments for the Self Assessment system, due in January and July. They help spread the tax burden over the year, with the amount based on the previous year’s tax. Find out how payments are calculated and how to manage them for the 2026 tax year.
In 2026, significant changes are expected in the UK regarding maternity and parental leave. These changes will offer greater flexibility for parents and improve employee rights. What exactly is changing, and how will it benefit both employees and employers?
Latest articles from the category
Invoice Types: Credit Note
05/01/2024
Finance and accounting
Corrective Tax Document at 8. If you have a penchant for crossword puzzles, you're likely familiar with what's referred to as a credit note. While this term was more commonly used in the past, current legislation now recognizes it as a corrective tax document in the context of invoicing. These documents are typically issued by individuals or entities subject to VAT.
Corrective tax document- overview
05/01/2024
Finance and accounting
Mistakes in invoicing, such as incorrect party details or erroneous amounts, are not uncommon and can happen to even the most skilled accountants. Fortunately, these errors are rectifiable through a process known as issuing a Corrective Tax Document.
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