Are you on HMRC’s radar? The rising cost of money laundering compliance breaches

Jul 10, 2025

HM Revenue & Customs (HMRC) recently published its latest round of penalties for businesses breaching money laundering regulations, and the numbers should make any business owner sit up and take notice. Between October 2024 and March 2025, HMRC fined 336 businesses ...

Franchise,Business,Opportunity,To,Start,Or,Expand,Store,And,Shop,

Blog, HMRC, Tax

What is the Worldwide Disclosure Facility and when should you use it?

May 01, 2025

If you have undeclared income or assets held overseas, you may owe tax in the UK. The Worldwide Disclosure Facility (WDF) offers a way to correct your tax affairs where foreign income or gains should have been reported but were not. HMRC ...

Scammer,Stealing,A,Credit,Card,From,A,Senior,Woman,Online,

Blog, HMRC, Scam, Self-assessment

Are you prepared to spot scams this Self-Assessment season?

Dec 10, 2024

We are getting ever closer to 31 January 2025 and the Self-Assessment tax return deadline, so businesses and individuals are being urged to stay vigilant against a surge in tax-related scams. HM Revenue and Customs (HMRC) has reported a rise in ...

Child,Care,Expense,Deduction,Abstract,Concept,Vector,Illustration.,Dependent,Care

Blog, Finance, HMRC

Have you paid the right amount of High Income Child Benefit Charge for 2022/23?

Aug 27, 2024

You may have recently received correspondence from HM Revenue & Customs (HMRC) asking you to check if you need to pay the High Income Child Benefit Charge and to double-check the amount if you have already paid. If you or your ...

Blog, HMRC, Loans

Hiring graduates? Here’s what you need to know about payroll management

Aug 20, 2024

It is the time of year when the job market is populated with new graduates, fresh from receiving their university results, and a great time for your business to pick out a talented new hire. Hiring recent graduates is a great ...

Blog, HMRC

Is your business running a workplace nursery scheme? Key steps to remain tax compliant

Jul 23, 2024

HM Revenue & Customs (HMRC) has recently issued a warning to employers regarding the proper use of workplace nursery schemes. Business owners must have a thorough understanding of the rules surrounding workplace nursery schemes to remain compliant and avoid running the ...

Account,Theft.,Laptop,With,Login,Into,Account,In,Fish,Hook.

Blog, Business, HMRC, Scam, SMEs, VAT

Changing your VAT details? Remain vigilant over latest fraud activity

May 07, 2024

HM Revenue & Customs (HMRC) has issued a warning to businesses over fraudulent attempts to access VAT repayments via postal form VAT484. What’s happening? The form, used by business owners to change VAT registration details with HMRC if unable to do so ...

Worker,With,Advantages,Concept.,Medical,Insurance,,Vacation,,Pension,And,Creation

Blog, Business, Business Advice, Finance, HMRC, Latest News, Legislation, SMEs

Ahead of the 6 July deadline, remember that P11D rules are changing

Apr 23, 2024

If you choose to offer certain benefits to your employees, then you may incur additional Class 1 National Insurance (NI) liabilities which must be reported to HM Revenue & Customs (HMRC). This applies to benefits known as ‘benefits in kind’ (BIKs), ...

3d,Credit,Card,Money,Financial,Security,For,Online,Shopping,,Online

Blog, Business, Finance, HMRC, SMEs, Tax

What are the benefits of using the HMRC app?

Apr 11, 2024

The HM Revenue & Customs (HMRC) app was launched in 2023 and has quickly become a key tool for many, with over 80 million interactions. Designed for convenience and efficiency, the app stands as a crucial resource for managing tax affairs. Upon ...

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Blog, Business, Business Advice, Finance, HMRC, SMEs, Tax

Due a tax rebate? Keep an eye on your account

Apr 09, 2024

In a new initiative designed to reduce paper use and unnecessary confusion, HM Revenue & Customs (HMRC) has announced a significant change to the way that taxpayers are notified of a repayment. From 8 April 2024, HMRC will no longer send ...

HMRC