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South Shields
0191 420 0550 172-174 Albert Road, Jarrow, NE32 5JA info@kpsimpson.co.uk
0191 455 0518 171 Sunderland Road, South Shields, NE34 6AD info@kpsimpson.co.uk

Day

May 1, 2025
After a business closes, income can still arise. Post-cessation receipts must be properly reported
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Dissolving a company ends its legal existence — but unresolved assets become property of the
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If employees must work from home and their employer does not reimburse certain costs, they may be
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Not every money-making hobby counts as a business for tax purposes. Knowing when a hobby crosses
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Not all state benefits are tax-free! Some, like the State Pension and Carer’s Allowance, are
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