The Government has confirmed that the mandatory payrolling of benefits in kind (BIK) and taxable employment expenses will now be introduced from April 2027, a year later than initially planned.
Read More »Mandatory payrolling delayed to 2027 – Time to prepare, not to forget
HM Revenue & Customs (HMRC) has recently temporarily suspended telephone and webchat services for Self-Assessment repayment requests.
Read More »How to claim a Self-Assessment tax refund during the HMRC phone line pause
If you have undeclared income or assets held overseas, you may owe tax in the UK.Read More »What is the Worldwide Disclosure Facility and when should you use it?
When businesses look to motivate their teams, the focus often lands on salary, bonuses or large-scale perks.
Read More »How trivial benefits can improve employee morale without increasing your tax bill
Right to work checks form an important part of business risk management, particularly now that the Government has increased the financial penalties for non-compliance.
Read More »Right to work checks – Financial risks and compliance steps for business owners
From 31 March 2026, HM Revenue & Customs (HMRC) will permanently close its free online service for filing Company Tax Returns and annual accounts.
Recent data from HM Revenue & Customs (HMRC) shows a dramatic fall in penalties issued under the High Income Child Benefit Charge (HICBC) – from over 13,500 in 2018/19 to just 46 in 2024/25.
Read More »Fewer HICBC penalties – a sign of success, or a reminder to stay compliant?
Across the major taxes, HM Revenue & Customs (HMRC) issues penalties when tax is not filed or paid on time.
Read More »An overview of filing and payment penalties for businesses
It is no secret that the ongoing trade wars, tariffs, and tense negotiations have left the world in a perilous place from an economic standpoint.
A significant change is on its way for sole traders, with new rules set to reshape how income is reported and managed.
Read More »Making Tax Digital is expanding – here’s what sole traders need to know
