I have received a HMRC enquiry letter – What do I do now?
HMRC enquiry letters are sent to individuals to notify them that HMRC has chosen to formally investigate their tax affairs. While some enquiries are carried out randomly, the majority are…
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Invoice financing – Liberating cash tied up in late payments
SMEs in the UK have struggled with late payments for years and cash tied up in unpaid invoices can put pressure on your business’s ability to operate effectively. Invoice financing…
Is it better to contact HMRC or an accountant when you need help with tax?
Keeping up with tax obligations can feel overwhelming for many taxpayers, resulting in a need to make contact with HMRC.
Making Tax Digital deadline is fast approaching, but 400,000 people haven’t registered?
While the deadline for Making Tax Digital’s (MTD) first quarterly Income Tax filing arrives on 7 August, nearly half of qualifying sole traders and landlords are on track to miss…
A balancing act for SMEs – Chasing late-paying clients without losing them
Late-paying customers can generate a lot of problems for SMEs, specifically when it comes to cash flow.
Treasury finally confirms a 22 per cent tax on cash interest on Stocks and Shares ISAs
In a shocking turn of events, Rachel Reeves has confirmed the ISA tax that the Treasury previously deemed ‘nonsense’. From April 2027, savers could face a 22 per cent tax…