For landlords and sole traders bringing in qualifying annual income over £50,000 (not including profit or dividends), Making Tax Digital (MTD) for Income Tax is… Read More »Making Tax Digital for Income Tax is now live – What next?
Further administrative changes are on the cards for close companies, as the Government seeks to gain a better understanding of previously difficult-to-distinguish transactions. Close companies… Read More »Close companies face additional reporting requirements
Many people are unaware that most trusts now need to be registered with HMRC, even where there is no tax to pay. If you act… Read More »Do You Have a Trust? HMRC Registration May Be Required
If you have paid too much tax – perhaps because you made an error on a return or because you believe a sum determined by… Read More »Claiming overpayment relief from HMRC
Since November 2025, it has become a requirement for all company directors and Persons with Significant Control (PSCs) to verify their identity with Companies House.… Read More »Have you verified your identity? Staying compliant with Companies House changes
From April 2026, the National Minimum Wage rates will increase once again, driving up employment costs for many businesses and requiring them to review their… Read More »Preparing your business for the rising rates of the National Minimum Wage
For business owners preparing to sell or exit their company, a stricter interpretation of the qualifying conditions for Business Asset Disposal Relief (BADR) and increased… Read More »Structuring your business for sale – BADR is changing once again
The new tax year is just a few weeks away, starting on 6 April, so allow us to refresh your memory of the key changes… Read More »New tax year – What is changing?
The revised version of FRS 102 accounting standards has already brought new reforms for accounting periods starting on or after 1 January 2026 and now… Read More »The FRS 102 rules are changing again: How will they affect you?
With just a few weeks before Making Tax Digital (MTD) for Income Tax comes into effect on 6 April, the countdown is on. HMRC has… Read More »The final countdown: Is this your last chance to get ready for MTD for Income Tax?
