Tax
65 per cent of people are still not registered for Making Tax Digital – Is mass non-compliance inevitable?
May 26, 2026
Despite becoming mandatory for sole traders, landlords and self-employed individuals with qualifying incomes over £50,000 from 6 April 2026, 65 per cent have still not registered for Making Tax Digital (MTD) for Income Tax. Speaking at Accountex London 2026, HMRC is ...
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Why are lower-paid self-employed workers twice as likely to file late taxes?
May 12, 2026
HMRC has obtained new data from PensionBee and it has revealed a worrying trend about self-employed workers’ tax returns. The pension company found that those on lower incomes are twice as likely to miss the Self-Assessment filing deadline compared to higher ...
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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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Businesses bear the brunt of nearly £1 trillion tax bill – Are they able to handle the extra costs?
Apr 28, 2026
If businesses feel as though they are paying more tax than ever, there is a reason for that. HMRC have revealed the amount of tax collected in the 2025/2026 – an eyewatering £938.8 billion. With this tax year likely to see the ...
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Is now the perfect time to file your Self Assessment tax return?
Apr 21, 2026
HMRC has sent out a message to some of the 12 million people with Self Assessment tax accounts in the last week or so, alerting them to the need to file their next Self Assessment tax return. Whether you received this ...
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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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What happens when you underpay tax?
Apr 14, 2026
The new tax year has recently begun and it is a time when businesses and individuals will need to review their position to ensure that they are not caught out by shifting rules and fiscal drag. It is also the time ...
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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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Over 100,000 jobs lost – The cost of rising National Insurance on employers
Jun 12, 2025
The release of the latest employment data should serve as a wake-up call for business owners. Over 100,000 jobs were lost in May, the worst figure in four years, with hospitality, tech and retail bearing the brunt. One of the biggest factors ...
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