HMRC cracks down on landlord tax scheme loopholes
There is usually a catch if a tax-saving strategy sounds too good to be true.
Read More »HMRC cracks down on landlord tax scheme loopholes
Charlie Flockhart
HMRC collected nearly £1 trillion in tax – Where does this leave UK businesses?
Tax bills are the necessary cost of doing business in the UK and they have resulted in a record windfall for HMRC.
Read More »HMRC collected nearly £1 trillion in tax – Where does this leave UK businesses?
Not sure if you’re exempt from Making Tax Digital for Income Tax? HMRC clarifies the rules
The first phase of Making Tax Digital (MTD) for Income Tax is underway, yet taxpayers are still unsure about who the rules apply to.Read More »Not sure if you’re exempt from Making Tax Digital for Income Tax? HMRC clarifies the rules
When is the best time to file my Self Assessment tax return?
If you are one of the 12 million people with a Self Assessment tax return account, then you may have noticed a message come through from HMRC.
Read More »When is the best time to file my Self Assessment tax return?
Are you part of the 91 per cent of SMEs that are unaware of the upcoming e-invoicing requirements?
From 1 April 2029, all VAT-registered businesses will need to change the way that invoices are handled.
What should you do if you underpaid tax?
The new tax year is here and now is the time when individuals and businesses will need to examine the updated rules and regulations to ensure that they are ready for the coming months.
Why directors need to be aware of the increased loan tax charge
We have officially entered the 2026/27 tax year and it has introduced a fair few reforms that directors need to keep on top of.
Read More »Why directors need to be aware of the increased loan tax charge
Now that Making Tax Digital is compulsory, are you ready for the first deadline?
Making Tax Digital (MTD) for Income Tax has now become the compulsory way of handling tax filings for landlords, sole traders and self-employed individuals with a qualifying income over £50,000.
Read More »Now that Making Tax Digital is compulsory, are you ready for the first deadline?
Company tax returns and accounts have gone digital
HMRC and Companies House have confirmed that from 1 April, all businesses must use compliant, commercial software to file their company’s tax returns. As of… Read More »Company tax returns and accounts have gone digital
Capital allowances – New rules for a new tax year
Capital allowances continue to provide an effective method for businesses to reduce their tax bills, by providing incentives for investment in eligible expenditure – typically… Read More »Capital allowances – New rules for a new tax year