Millions of UK workers are overpaying tax every year
A new Freedom of Information requested from HMRC, released to the public has found that 5.6 million in the UK paid more tax than they needed to in 2023/24.
Businesses brace for the next wave of Trump tariffs
They say there is nothing new under the sun and the global economic situation seems determined to prove that right.
HMRC warns taxpayers about mid-year Capital Gains Tax changes
HMRC has issued a warning to taxpayers completing their Self Assessment tax returns that their online software cannot automatically make calculations to account for the mid-year increase in the rate of Capital Gains Tax (CGT) in 2024.
As AI advances, why is it still better to use a human accountant?
We are now in that period of time between the start of the calendar year and the beginning of the tax year.
HMRC records festive tax return frenzy
According to the latest statistics from HMRC, more than 4,600 Self Assessment taxpayers completed and filed their tax return on Christmas Day.
How is HMRC approaching the tax gap in 2026?
By now, you may have already begun trying to make your New Year’s resolutions stick, although some may have already been abandoned.
How will the changes to Agricultural Property Relief (APR) and Business Property Relief (BPR) impact you?
The Autumn Budget saw many individuals and businesses alike disheartened by measures that seemed to inhibit growth.
What do record National Insurance Contributions mean for businesses?
When a year ends, it is natural for many to look back on the time that has passed and reflect on what was achieved.
HMRC warning puts payroll compliance firmly in the spotlight
HMRC has issued a clear message to businesses that rely on seasonal and short-term staff that payroll compliance is not optional, even for temporary contracts.
£16m in fines issued by HMRC to mid-sized businesses for Corporation Tax
The Freedom of Information request to HMRC shows that it has issued more than £16 million in fines to mid-sized businesses for Corporation Tax failings.
