The most wonderful time of the year for tax savings: HMRC’s £150-a-head party exemption
As the winter months approach and the nights begin to roll in, many businesses start to plan and book their annual Christmas bash.
Category HMRC
Following the latest Facebook fad? Did you know you need to pay tax on your cake shed?
While honesty boxes have long been a part of British culture, little sheds are popping up at the end of people’s front gardens that hold a mass of homemade cakes, brownies and sourdough bread.
Crypto investors have paid £1.38 billion in tax: Do you know what you need to pay?
HMRC sent over 65,000 warning letters to cryptocurrency investors over the last year due to a suspected underpayment of tax.
You don’t own the business, but do you still owe the tax? HMRC ‘failure to notify’ penalties following a share disposal
If you are a shareholder in a company you have little involvement in, you might not realise a share disposal can trigger Capital Gains Tax (CGT).
HMRC is set to automatically sign up thousands of taxpayers to MTD after a slow uptake
The first quarterly filing deadline for MTD for Income Tax passed on 7 August, with 864,000 sole traders and landlords earning over £50,000 a year set to have signed up and completed the filing.
The dangers of using AI for tax advice
AI is something that we cannot escape, as it is built into nearly everything that people use on a day-to-day basis.
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.
The financial benefits of hiring Gen Z
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 launches consultation for mandatory Direct Debit VAT and PAYE payments
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.
The 53 per cent tax surge: How frozen thresholds are quietly costing you more
It has been reported that UK taxpayers have paid £153.7 billion in tax and National Insurance (NI) in May 2026.