news

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.

Although Making Tax Digital (MTD) for the self-employed and landlords is still more than a year away, the October 2024 Budget further extended its scope

Over the past six years, the number of lost pension pots has doubled to around 3.3 million. The total value of missing funds now sits at almost £31 billion. A pension pot is considered to be lost when the pension […]

The Employment Rights Bill working its way through parliament will have serious implications for employers once finally enacted.

UK landlords are facing increased rates of surcharge when purchasing buy-to-let property following increases over the past three months.

Thresholds defining company sizes have not changed since 2016, but revised thresholds are now set to be introduced from 6 April 2025. Companies House intends to roll out their new identity verification requirements for directors and people with significant control […]

Despite its digital ambitions, HMRC has recently reverted to paper-based claims for employees who want to make a claim for employment expenses. The change from an online basis has been made to reduce fraud. Reports suggest that businesses are claiming […]

Business rates worth the relief? Business rates relief has been extended for the retail, hospitality and leisure sector but, with the rate of discount cut from 75% to 40%, many English businesses will face a near doubling of their rates […]

The October Budget was not particularly kind to employers, with the cost of employer national insurance contributions (NICs) going up substantially from April 2025, combined with inflation-busting increases to the National Living/Minimum Wage. Employer NICs From 6 April 2025, the […]

Chancellor Rachel Reeves’ first Budget was a significant one in all senses. “…this Budget delivers a large, sustained increase in spending, taxation, and borrowing.” So said the Office for Budget Responsibility (OBR) in the first paragraph of its overview of […]