Date posted: 11th Jul 2025
HMRC has confirmed that it will stop sending the majority of tax-related letters by post, moving instead to a digital-by-default approach. This means many taxpayers will no longer…
Date posted: 11th Jul 2025
From the 2024/25 tax year, HMRC have made a change to how most sole traders and partnerships (excluding LLPs and partnerships with corporate members) calculate their business profits…
Date posted: 23rd Jun 2025
If you need to apply for a 2024/25 (tax year to 5 April 2025) PAYE Settlement Agreement (PSA), then you need to apply to HMRC by 5 July…
Date posted: 16th Jun 2025
If you’ve not yet filed your 2023/24 Self Assessment tax return, it’s vital to act quickly—daily penalties of £10 are now being charged by HMRC for each day…
Date posted: 16th Jun 2025
It’s a familiar story: an entrepreneur sets up a limited company, gets a logo made, sorts the website, and opens a business bank account. You’re lean, you’re focused,…
Date posted: 16th Jun 2025
Sometimes seen, as an alternative to a trust, Family Investment Companies (FICs) are once again emerging as a popular planning vehicle among wealthy families looking to preserve and…
Date posted: 16th Jun 2025
The P11D filing deadline is fast approaching on 6 July 2025, and it’s essential that employers ensure all relevant benefits-in-kind (BIKs) provided to directors and employees during the…
Date posted: 16th Jun 2025
HMRC has launched a new round of “nudge letters” aimed at individuals listed as Persons of Significant Control (PSCs) over UK companies. If you’re a PSC, this campaign…
Date posted: 16th Jun 2025
Profits arising from land or property are treated as arising from a property business. For tax purposes, profits from land and property in the UK are kept separate…
Date posted: 16th Jun 2025
Many businesses strive to keep their turnover under the VAT registration limit (currently £90,000) because not only are they wary of the additional administrative costs but also because…
