Buybacks, demergers and capital reductions: HMRC proposes an overhaul
Amid all the noise around Tax Update 2026, one consultation has had less attention than it probably deserves.
Amid all the noise around Tax Update 2026, one consultation has had less attention than it probably deserves.
When Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) was first introduced, HMRC was clear that the new tax recording and reporting regime would not change when…
The first quarterly deadline for Making Tax Digital (MTD) is coming up on 7 August. However, more than half of the eligible applicants still haven’t signed up.
Frozen tax thresholds are becoming a growing concern for the British public, after HMRC figures showed tax and National Insurance payments rose by £9.8 billion compared with May 2025.
New research from online accounting platform Sage has found that £11 billion a year is drained from the UK economy by late payments.
We recently reported in an earlier article that 91 per cent of firms were unaware of the incoming changes to invoicing requirements. Now that more firms are becoming aware of…