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The start of the new tax year warrants as much planning as the end of the old tax year.

Statutory payments can be problematic to administer for smaller employers, but in a rare instance of generosity HMRC compensates for this.

HMRC has recently launched their Help for Hustles campaign to help people earning extra income to understand their tax obligations.

A warning for the 1.1 million taxpayers who missed the 31 January filing deadline. It isn’t just penalties you will be incurring for subsequent late payment, but also late payment interest.

Starting with the 2025/26 tax year, directors of close companies (owner-managed companies) will need to separate the dividend income received from their companies.

A busy start for HMRC on Making Tax Digital (MTD) for 2025 with focus falling on new guidance for three-line accounts and joint property income.

Employees coming to work in the UK should see an improvement in the new version of overseas workday relief set to be introduced from 6 April 2025.

Cast your mind back six Chancellors ago to Philip Hammond (aka Spreadsheet Phil). In autumn 2016, Hammond announced a change to the timings of Budget announcements, with a Spring Budget and Autumn Pre-Budget Report (PBR) to be replaced by an Autumn Budget and a Spring Statement.

In a recent case heard by the First Tier Tribunal (FTT), a taxpayer lived overseas, encountered postal delays and had limited internet access, but these did not constitute reasonable excuses for the late submission of a self-assessment tax return.

The Autumn Budget led to big changes that businesses can’t afford to ignore. Rising National Insurance contributions, higher wage costs, and shifts in tax policies are reshaping the financial landscape. For businesses, staying ahead means having clear, real-time financial insights […]

As 2025 gets under way, it is once again the time of year to start considering your tax year-end planning.