With speculation increasing and showing no signs of slowing down surrounding the potential for Rachel Reeves’ Autumn Budget to increase taxes, one Treasury Minister has spoken today, suggesting the ‘headline’ rate of income tax will not increase later this year.
HM Revenue & Customs (HMRC) recently published its latest round of penalties for businesses breaching money laundering regulations, and the numbers should make any business owner sit up and take notice.
Read More »Are you on HMRC’s radar? The rising cost of money laundering compliance breaches
More often than not, football clubs are seen as a billionaire’s plaything, where lavish amounts of money are spent at the drop of a hat on somebody to kick a ball about.Read More »How Dumbarton FC beat the drop – and what SMEs can learn from their business revival
If you have made more than £1,000 from a side hustle last year, you might need to tell HM Revenue & Customs (HMRC), and the earlier you do it, the better.
Read More »Earn extra income? HMRC urges you to file your tax return early
While the 2025 Spending Review focused on long-term investment rather than introducing new taxes, the scale of spending suggests that future tax rises are likely.… Read More »Are tax rises on the horizon? What recent activity at The Treasury means for you and your business
The UK Government has confirmed that it will reduce green levies for energy-intensive industries. These cuts aim to drive growth in key sectors, such as… Read More »Green levies on UK businesses to be cut
57 per cent of small to medium-sized enterprises (SMEs) have warned of rising costs over the next quarter, according to Intuit QuickBooks’ latest Small Business… Read More »Cash flow constraints – 57 per cent of businesses warn of rising costs
The way families make Child Benefit repayments to HM Revenue & Customs (HMRC) is changing. From the summer, many families will have the option to… Read More »Child Benefit repayments changing for thousands this summer
HM Revenue and Customs (HMRC) is working to enhance compliance and improve efficiency with tax filings by implementing Making Tax Digital (MTD) for Income Tax.… Read More »Are your systems ready for MTD? Five things to check as the clock ticks down
The tax gap, the difference between the amount of tax owed and collected, has long been a thorn in HM Revenue and Customs’ (HMRC’s) side.… Read More »Mind the (tax) gap – Why HMRC may have SMEs in its sights
