
The top tax-saving opportunities that are often missed by SMEs
Nobody wants to pay more tax than they need to. For SMEs, paying the right amount of tax has become more important than ever.

Nobody wants to pay more tax than they need to. For SMEs, paying the right amount of tax has become more important than ever.

15 July marks World Youth Skills Day, which is a day to celebrate the importance of equipping young people with the skills they need for employment and entrepreneurship.

HMRC is currently consulting on proposals that could make Direct Debit the mandatory payment method for VAT and PAYE liabilities – a move that would affect millions of UK businesses.

It has been reported that UK taxpayers have paid £153.7 billion in tax and National Insurance (NI) in May 2026.

2029 may seem like a while away. However, from that point, B2B and B2G transactions must be invoiced electronically and businesses must be prepared to adapt to this new requirement with minimal disruption.

Following months of delays and uncertainty, the Government has confirmed that small businesses in the UK will be required to file balance sheet and profit and loss (P&L) accounts with Companies House.

Two men have been arrested in East London after allegedly running a TikTok tax scam leading HMRC to block £153 million in repayment claims.

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.