How will close companies be affected by new reporting requirements?
New reporting requirements are currently under consultation for close companies that could see them managing increased administrative responsibilities.
Tax
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Sales data for £55 billion of side hustle sales shared with HMRC
A new dump of sales data from leading online trading platforms, such as eBay and Airbnb, has been shared with HMRC as it continues to ensure small traders remain tax…
Capital Gains Tax rollover relief: Deferring tax when reinvesting in your business
When selling a business asset, one of the biggest concerns for many business owners is the Capital Gains Tax (CGT) that may arise on the disposal.
Spring Statement 2026
Going into the latest Spring Statement, the Chancellor made it very clear that this would not be a full fiscal event and that any new policy changes would be off...
Continue reading Making Tax Digital for Income Tax is moving fast, but many taxpayers are still not ready
For sole traders and landlords, Making Tax Digital for Income Tax is no longer a distant deadline.
Tourist tax under scrutiny: Why are businesses striking back?
Over 200 leaders from the UK’s hospitality and leisure sector have urged the Government to reconsider the proposed visitor levies.