HMRC is stepping up action against contrived insolvencies and phoenix companies. Find out what the rules mean for Ltd company directors, the TAAR, security deposits and legitimate business closures.
HMRC has launched a new streamlined Self Assessment registration service — new taxpayers can now get their UTR within 72 hours. But the 5 October 2026 deadline to register for 2025/26 is just weeks away. Here’s what you need to know.
HMRC is set to receive more detailed data on card sales and bank interest under new Finance Bill 2026–27 proposals. Find out what this means for your bookkeeping and how to stay ahead.
Every time a director of a limited company makes a personal purchase through their company, a debt is formally created. That debt is tracked in the Director's Loan Account — and if it grows too large or is left outstanding too long, the tax consequences can be severe.
The 31 January 2027 Self-Assessment deadline feels distant — but starting now saves money, reduces stress, and could speed up any refund you're owed.
HMRC is tightening its powers to look further back into tax affairs, with 20-year time limits already in play for deliberate errors and new adviser rules on the way. Here's what it means for sole traders, small businesses and Ltd companies.
Employer NIC jumped to 15%, the secondary threshold dropped to £5,000, and the minimum wage rose again. Here's exactly what changed for small business payroll in April 2026 and what you need to do about it.
Making Tax Digital for Income Tax went live in April 2026. If you're a sole trader or landlord earning over £50,000, your first quarterly submission is due 7 August 2026. Here's everything you need to know.
Confused about Director's Loan Accounts? This plain-English guide explains what a DLA is, how S455 tax works, when HMRC gets involved, and the smart ways Ltd company directors can use — and repay — a director's loan without a nasty tax bill.
HMRC is consulting on plans to make sole traders and landlords pay their tax monthly or quarterly from April 2029, based on previous year submissions. Here is what the proposal means, whether becoming a Ltd company could help, and how to prepare.
HMRC now has data on 4 million online sellers. If you earn anything on the side — from eBay, Etsy, Airbnb, or TikTok — here is what you need to declare and when.
Page 1 of 3 · 26 posts
