Benefit payrolling rules clarified for overseas employees

HMRC has clarified how employers can handle benefits in kind for globally mobile employees as...

UK carbon border tax starts January 2027

Businesses importing certain carbon-intensive goods into the UK will face a new carbon tax from...

HMRC contacting trusts over tax return errors

HMRC is contacting some trustees after identifying possible errors in recent Trust and Estate tax...

Check your State Pension forecast now

A new press release from HMRC is highlighting the fact that almost 7 million UK...

Could your area introduce a tourist tax?

Mayors and local leaders in England are to be given powers to introduce an overnight...

HMRC sending 1.8m Simple Assessment letters

Some taxpayers have already started to receive Simple Assessment letters from HMRC for the 2025-26...

GMS looking for an enthusiastic and motivated Accounts Junior

GMS is a growing, forward-thinking firm looking for an enthusiastic and motivated Accounts Junior to...

Is your business ready for a cyber incident?

Cyber security is sometimes treated as a problem for large organisations with specialist IT departments...

Interest rates may not be coming down soon

Businesses waiting for cheaper borrowing may need to reconsider their plans. The Bank of England kept...

Money and property after divorce

When a couple divorces or separates, they need to agree how their finances will be...

Winter Fuel Payment opt-out deadline approaches

Pensioners who do not want to receive the Winter Fuel Payment for winter 2026-27 have...

Tax rules for cryptoassets set to change

The tax treatment of some crypto assets is set to change under draft legislation for...

New duty on vaping products starts in October

Businesses in the vaping sector are reminded that the new Vaping Products Duty and the...

HMRC targets persistent tax debts

HMRC is reviewing proposals to introduce new powers for recovering lower-value, persistent tax debts from...

New self-assessment registration service launched

HMRC has launched an improved online service to make it easier for individuals to register...

Training clawbacks can constitute an unlawful restraint of trade

Seeking to claw back training costs from wages is common practice. However, a recent ruling...

New funding opens for growing businesses

The British Business Bank has launched a £210 million investment fund to help smaller businesses...

Could simpler reporting reduce business paperwork?

The Government has announced plans to simplify corporate reporting and reduce the administrative burden placed...

Tax diary: October and November 2026

1 October 2026 - Corporation Tax payment is due for companies with an accounting period...

Business expenses when costs have a private element

Self-employed people can deduct allowable business expenses when calculating their taxable profits. However, where a...

Could simplified expenses save you time and money?

Self-employed people can choose to use simplified expenses to calculate certain business costs using flat...

Are you paying your staff the correct minimum wage?

Employers must make sure their staff receive at least the National Minimum Wage or National...

When is a company dormant for Corporation Tax?

A company does not have to be formally closed to become dormant for Corporation Tax...

When can a trading loss generate a tax refund

Making a trading loss whilst not ideal can sometimes generate a tax refund. If you...