HMRC
P11D Deadline 2026: What employers need to do now
May 07, 2026
If you provided any taxable benefits to employees or directors during the 2025/26 tax year, such as company cars, private medical insurance, beneficial loans, gym memberships, or living accommodation, the P11D deadline should be in your sights. For the 2025/26 tax ...
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Health screenings – A tax-efficient employee benefit
Apr 16, 2026
Many employers are on the lookout for new means to attract talent to their business in an increasingly competitive labour market, but many aren’t aware of annual health screenings and their tax-efficient benefits. Unlike many benefits offered to employees, these are ...
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Making Tax Digital has started – Are you ready for the first submission?
Apr 07, 2026
Making Tax Digital (MTD) for Income Tax has now begun, years after it was first announced and when it was due to take effect. Even as recently as the week before the shift, only 21 per cent of affected taxpayers were ...
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HMRC confirms how sole traders and landlords can exit Making Tax Digital for Income Tax
Apr 02, 2026
Just days ahead of the initial phase of Making Tax Digital for Income Tax, HMRC has confirmed the exit options for sole traders and landlords who fall below the annual qualifying income threshold. There has been a lot of concern from ...
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How do you know if you are exempt from Making Tax Digital (MTD)?
Jan 27, 2026
The first phase for Making Tax Digital (MTD) for Income Tax is nearly upon us, as the new system of digital tax reporting commences from 6 April 2026. However, some landlords, self-employed individuals or sole traders may still wondering whether the ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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