Sole trader? Your tax deadlines are about to get busier
If you’re self-employed and earning more than £20,000 a year, Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA) will fundamentally alter how you report to HM Revenue &…
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New interest hike means late tax payments now cost more
As of 6 April 2025, late tax payments are now subject to an 8.5 per cent interest rate, following an HMRC update that ties rates more closely to the Bank…
Is your payroll up to scratch with the latest wage updates?
From 1 April 2025, changes to the National Minimum Wage (NMW) and National Living Wage (NLW) came into effect – and businesses must act quickly to remain compliant.
New dividend rules to impact owner-managed businesses in April
New tax reporting obligations are on the way, and they will affect hundreds of thousands of directors across the UK.
Capital Gains Tax crackdown – Are you prepared for HMRC’s growing scrutiny?
Over the past year, HM Revenue & Customs (HMRC) has been tightening the net around Capital Gains Tax (CGT), with compliance activity surging at an unprecedented rate.
Income Tax reporting threshold set to rise – what it means for side hustlers
In a move that simplifies tax compliance and eases the burden on thousands of taxpayers, the Government has announced that the Income Tax Self-Assessment (ITSA) reporting threshold will increase from…