Rumours were flying this week that HMRC announced a 22 per cent tax on your ISA if you are holding uninvested cash. This has since been described by the treasury as ‘nonsense’.
If you provided any taxable benefits to employees or directors during the 2025/26 tax year, such as company cars, private medical insurance, beneficial loans, gym memberships, or living accommodation, the P11D deadline should be in your sights.
HMRC has issued a firm warning to landlords to steer clear of hybrid business model schemes.
Making Tax Digital (MTD) for Income Tax is in full swing, but there is still confusion in the air over who is exempt from these requirements.
From 1 April 2029, all VAT-registered businesses will need to change the way that invoices are handled.
Just days ahead of the initial phase of Making Tax Digital for Income Tax, HMRC has confirmed the exit options for sole traders and landlords who fall below the annual qualifying income threshold.
The UK’s economic picture remains uncertain ahead of the Autumn Budget and with the economy growing at a very slow pace, investors and taxpayers are feeling the pinch with a record number set to face a Dividend Tax bill.
In addition to rising operating costs and economic uncertainty, many businesses are finding themselves at risk of losing out due to environmental taxes.
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.
If you have undeclared income or assets held overseas, you may owe tax in the UK.