HMRC is expanding its efforts to ensure that only genuine business costs are claimed in self-assessment tax returns. Following a recent trial that generated over £27 million in additional tax […]

HMRC is actively contacting companies that may have incorrectly claimed marginal relief on their corporation tax returns. One of the most common reasons is missing or misreporting associated companies. Since April […]

From winter 2025/26, all pensioners in England and Wales will automatically receive the Winter Fuel Payment, a tax-free, one-off payment to support heating costs during colder months. What’s Changing? While […]

Is your ‘side hustle’ income over £1,000k? Whether it’s selling on Vinted, creating content, tutoring, or renting a spare room, if you’ve made more than £1,000 in additional income this […]

The government has confirmed that, from 6 October 2026, vehicles provided through Employee Car Ownership Schemes (ECOS) will be brought within the scope of the benefit-in-kind (BIK) regime where certain […]

From 18th June 2025, HMRC made changes to its approach to VAT recovery on pension-related costs. What’s new? Employers will now be able to reclaim all VAT on investment costs […]

If you’re self-employed or complete a self-assessment tax return, the second payment on account for the 2024/25 tax year is due by Wednesday 31st July. Many of you will have […]

Wealth tax? Not quite, but the landscape is shifting. While a formal wealth tax has not been introduced, several existing taxes are being adjusted that affect high-net-worth individuals. Here’s what […]

The UK government has confirmed a shift in how winter fuel support for pensioners will be delivered and funded. From winter 2025/26, all pensioners in England and Wales will receive […]