Millions of UK workers are overpaying tax every year
Jan 22, 2026
A new Freedom of Information requested from HMRC, released to the public has found that 5.6 million in the UK paid more tax than they needed to in 2023/24. Whilst headlines often focus on the UK’s tax gap – the amount ...
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Businesses brace for the next wave of Trump tariffs
Jan 20, 2026
They say there is nothing new under the sun and the global economic situation seems determined to prove that right. Just last year, we were advising businesses on how to handle the impact of Trump’s tariffs. Now, we’re back in this position ...
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HMRC warns taxpayers about mid-year Capital Gains Tax changes
Jan 15, 2026
HMRC has issued a warning to taxpayers completing their Self Assessment tax returns that their online software cannot automatically make calculations to account for the mid-year increase in the rate of Capital Gains Tax (CGT) in 2024. Announced in Labour’s first ...
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As AI advances, why is it still better to use a human accountant?
Jan 13, 2026
We are now in that period of time between the start of the calendar year and the beginning of the tax year. All those financial chores you had to address last year will be back in front of you before you ...
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HMRC records festive tax return frenzy
Jan 08, 2026
According to the latest statistics from HMRC, more than 4,600 Self Assessment taxpayers completed and filed their tax return on Christmas Day. They were part of the 37,435 people who submitted returns between Christmas Eve and Boxing Day, as HMRC once ...
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How is HMRC approaching the tax gap in 2026?
Jan 06, 2026
By now, you may have already begun trying to make your New Year’s resolutions stick, although some may have already been abandoned. For HMRC, a consistent resolution is to tackle the tax gap that contributes to the challenges in raising public ...
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How will the changes to Agricultural Property Relief (APR) and Business Property Relief (BPR) impact you?
Jan 02, 2026
The Autumn Budget saw many individuals and businesses alike disheartened by measures that seemed to inhibit growth. However, just before Christmas, the Chancellor made an announcement that could offer some relief for many who were fearing upcoming Inheritance Tax (IHT) considerations. Whether ...
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What do record National Insurance Contributions mean for businesses?
Dec 23, 2025
When a year ends, it is natural for many to look back on the time that has passed and reflect on what was achieved. Whether this is sharing Spotify Wrapped playlists or rankings of the best films of the year, this ...
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HMRC warning puts payroll compliance firmly in the spotlight
Dec 18, 2025
HMRC has issued a clear message to businesses that rely on seasonal and short-term staff that payroll compliance is not optional, even for temporary contracts. As demand increases across retail, hospitality, leisure, logistics and other seasonal sectors during the busy Christmas ...
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£16m in fines issued by HMRC to mid-sized businesses for Corporation Tax
Dec 16, 2025
The Freedom of Information request to HMRC shows that it has issued more than £16 million in fines to mid-sized businesses for Corporation Tax failings. This is eight times the size of fines issued to this same size of business when ...
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