Latest news and updates
Company directors who complete a self-assessment tax return should be aware of new mandatory reporting requirements that came into effect from the...
15/10/2026
Taxpayers who need to pay the High Income Child Benefit Charge (HICBC) for 2025-26 may be able to pay it through PAYE rather than completing a...
You may have to pay Income Tax on your pension if your total annual taxable income exceeds your Personal Allowance. This applies whether you receive...
HMRC has revealed that it had £42.8 billion in outstanding tax debt at the end of March 2025, equivalent to 5% of total tax receipts. The figures...
Cryptoassets can create unexpected tax liabilities. HMRC’s guidance highlights several areas where mistake can be made. Assuming crypto-to-crypto...
Alternative providers of higher and further education may be able to claim refunds of VAT following a recent Court of Appeal ruling, although the...
Late payment of invoices remains one of the most persistent problems facing UK small businesses, and recent research suggests the situation is...
12/10/2026
Business confidence across the UK is showing signs of improvement, although many smaller businesses remain reluctant to commit money to new...
A new excise duty on vaping products came into force on 1 October 2026. Vaping Products Duty (VPD) applies to vaping liquids manufactured in, or...
08/10/2026
HMRC is writing to individuals it believes may have failed to declare consultancy income from private healthcare providers on their self-assessment...
The tax treatment of predevelopment costs has been the subject of a recent Supreme Court decision. This is likely to mean that capital allowances will...
Anyone selling a UK residential property usually needs to report the disposal to HMRC within 60 days of completion. The requirement applies even where...