News

Most businesses now depend on several software systems to manage everyday activities such as email, accounting, document preparation, customer records ...

Businesses that engage freelancers, contractors and other self-employed workers may need to review their arrangements following a new Government consultation ...

Alternative providers of higher and further education may be able to claim refunds of VAT following a recent Court of ...

Cryptoassets can create unexpected tax liabilities. HMRC’s guidance highlights several areas where mistake can be made. Assuming crypto-to-crypto exchanges are ...

HMRC has revealed that it had £42.8 billion in outstanding tax debt at the end of March 2025, equivalent to ...

You may have to pay Income Tax on your pension if your total annual taxable income exceeds your Personal Allowance ...

Taxpayers who need to pay the High Income Child Benefit Charge (HICBC) for 2025-26 may be able to pay it ...

Company directors who complete a self-assessment tax return should be aware of new mandatory reporting requirements that came into effect ...

Business confidence across the UK is showing signs of improvement, although many smaller businesses remain reluctant to commit money to ...

Late payment of invoices remains one of the most persistent problems facing UK small businesses, and recent research suggests the ...

HMRC’s latest Corporation Tax statistics show that receipts from corporate taxes passed £100 billion for the first time in 2025-26 ...

Businesses using the Trader Support Service (TSS) to move goods between Great Britain and Northern Ireland need to prepare for ...

Anyone selling a UK residential property usually needs to report the disposal to HMRC within 60 days of completion. The ...

The tax treatment of predevelopment costs has been the subject of a recent Supreme Court decision. This is likely to ...

HMRC is writing to individuals it believes may have failed to declare consultancy income from private healthcare providers on their ...

A new excise duty on vaping products came into force on 1 October 2026. Vaping Products Duty (VPD) applies to ...

November 2026: 1 November 2026 - Due date for Corporation Tax payable by companies with an accounting period ended 31 ...

A part-time private hire driver challenged a flat weekly fee his company charged for access to its booking and dispatch ...

A business may have the finance, premises and customers for an expansion project, yet still face another obstacle: obtaining enough ...

A new system for recording waste movements came into operation on 1 October 2026. The first phase of mandatory digital ...

HMRC has published an updated list of deliberate tax defaulters. The list includes individuals, businesses and companies, detailing the amounts ...

A limited company usually pays Corporation Tax on the profit, known as a chargeable gain, when it sells or otherwise ...

The government is considering changes to the voluntary National Insurance contributions (NICs) system following a call for evidence published earlier ...

HMRC has updated its guidance on how individuals and organisations can apply for a certificate of residence or letter of ...

Employers operating employee share schemes may now be receiving penalties from HMRC for failing to submit their employment related securities ...

HMRC has been consulting on proposals to modernise the tax rules governing distributions and repayments of capital from companies. The ...

When an employee develops a health problem, the consequences can extend far beyond a few days of absence. The Government ...

Several employment law changes are approaching that businesses need to understand. The first arrives on 1 October 2026, when the ...

HMRC has clarified how employers can handle benefits in kind for globally mobile employees as mandatory payrolling is introduced from ...

Businesses importing certain carbon-intensive goods into the UK will face a new carbon tax from 1 January 2027, when the ...

HMRC is contacting some trustees after identifying possible errors in recent Trust and Estate tax returns relating to the type ...

A new press release from HMRC is highlighting the fact that almost 7 million UK adults could be heading towards ...

Mayors and local leaders in England are to be given powers to introduce an overnight visitor levy, creating a new ...

Some taxpayers have already started to receive Simple Assessment letters from HMRC for the 2025-26 tax year, with a further ...

Cyber security is sometimes treated as a problem for large organisations with specialist IT departments. In reality, smaller businesses can ...

Businesses waiting for cheaper borrowing may need to reconsider their plans. The Bank of England kept Bank Rate unchanged at ...

When a couple divorces or separates, they need to agree how their finances will be divided. This can include property, ...

Pensioners who do not want to receive the Winter Fuel Payment for winter 2026–27 have until September to opt out ...

The tax treatment of some crypto assets is set to change under draft legislation for Finance Bill 2026–27. The proposed ...

Businesses in the vaping sector are reminded that the new Vaping Products Duty and the Vaping Duty Stamps Scheme will ...

HMRC is reviewing proposals to introduce new powers for recovering lower-value, persistent tax debts from individuals and businesses that repeatedly ...

HMRC has launched an improved online service to make it easier for individuals to register for self-assessment. Anyone who needs ...

Seeking to claw back training costs from wages is common practice. However, a recent ruling has set clearer boundaries as ...

The British Business Bank has launched a £210 million investment fund to help smaller businesses in the South East of ...

The Government has announced plans to simplify corporate reporting and reduce the administrative burden placed on UK businesses. It estimates ...

1 October 2026 – Corporation Tax payment is due for companies with an accounting period ending 31 December 2025, unless ...

Self-employed people can deduct allowable business expenses when calculating their taxable profits. However, where a cost has both a business ...

Self-employed people can choose to use simplified expenses to calculate certain business costs using flat rates rather than working out ...