HMRC sets its sights on side hustlers again
More than £55 billion worth of side hustle sales data is to be handed to HMRC by platforms, as the tax authority ramps up compliance on small online traders and service providers.
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READ MOREHMRC sets its sights on side hustlers again
Why are taxpayers still ignoring the Making Tax Digital for Income Tax deadline?
The deadline for Making Tax Digital (MTD) for Income Tax is now less than three weeks away, yet the majority of affected taxpayers have still not registered.
Reinvesting in your business? How rollover relief can help manage Capital Gains Tax
When a business sells an asset such as property, land or equipment, the resulting gain can trigger a Capital Gains Tax (CGT) liability.
Voluntary payrolling of Benefits in Kind: How can your business prepare?
If your business offers employees perks such as company cars or private health insurance, you need to be aware of the upcoming changes to how these are taxed and reported.
Have you verified your identity? Staying compliant with Companies House changes
Since November 2025, it has become a requirement for all company directors and Persons with Significant Control (PSCs) to verify their identity with Companies House. As this must be completed by November this year, it is concerning that many have…
Preparing your business for the rising rates of the National Minimum Wage
From April 2026, the National Minimum Wage rates will increase once again, driving up employment costs for many businesses and requiring them to review their payroll processes. If you haven’t considered how these new rates will affect your business, you…
Structuring your business for sale – BADR is changing once again
For business owners preparing to sell or exit their company, a stricter interpretation of the qualifying conditions for Business Asset Disposal Relief (BADR) and increased scrutiny from HMRC will soon be introduced. These changes may affect the timing of a…
New tax year – What is changing?
The new tax year is just a few weeks away, starting on 6 April, so allow us to refresh your memory of the key changes in store for 2026 Personal tax The Government has decided to continue the Income Tax…
The FRS 102 rules are changing again: How will they affect you?
The revised version of FRS 102 accounting standards has already brought new reforms for accounting periods starting on or after 1 January 2026 and now the rules are changing again. The Financial Reporting Council (FRC) has announced further amendments to…
The final countdown: Is this your last chance to get ready for MTD for Income Tax?
With just a few weeks before Making Tax Digital (MTD) for Income Tax comes into effect on 6 April, the countdown is on. HMRC has been sending letters to thousands of sole traders, landlords and self-employed individuals, warning them their…
How will the say-nothing Spring Statement shape the future of businesses?
Many businesses felt as though they had been entirely overlooked by the Autumn Budget, as costs were set to rise without much support.
Support is here for small businesses: Small Employers’ Relief increases to 9 per cent
With the rising employment costs and business rates set to put further pressure on small businesses, it can be hard to see a way forward.
MTD is getting closer, but awareness still is not translating into action
As Making Tax Digital for Income Tax edges ever closer for many sole traders and landlords.
Making Tax Digital
You may have heard or read of the forthcoming changes to how individuals need to report self-employed & property rental income and expenses to HMRC. Those with gross income exceeding £50,000 (or a combination of each type of income) must…