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.
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.
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.
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.
HMRC has issued an official one-month warning for the second Self Assessment payment on account, due 31 July 2026. If you're self-employed, a freelancer, landlord, or sole trader with a tax bill over £1,000, this deadline applies to you — and missing it carries a 7.75% interest charge.
HMRC has quietly restarted its Direct Recovery of Debts power — allowing it to take unpaid tax directly from your bank account without a court order. Here's what it means for sole traders, small businesses, and limited companies, and how to protect yourself.
The UK government's June 2026 Tax Update brings major changes for sole traders, small businesses and Ltd companies — from monthly Self Assessment via PAYE to new HMRC debt recovery powers. Here's what you need to know.
HMRC has added new mandatory boxes to the 2025/26 Self Assessment for limited company directors — covering dividends, shareholding percentages and close company status. Miss them and face an automatic £60 penalty. Here’s exactly what to declare.
From 6 April 2026, Making Tax Digital for Income Tax is live. Here's what sole traders and landlords need to do right now — in plain English.
