The Chancellor has announced that the main rate of secondary Class 1 national insurance contributions (NIC) for employers will increase by 1.2 percentage points from 13.8% to 15% from April 2025.

HMRC has completed a long-overdue overhaul of the forms and associated guidance used to report chargeable events on which inheritance tax (IHT) is due on a trust.

Providing a nursery can be a powerful way to attract and retain staff, with childcare costs in the UK among the highest in the world.

Certain types of company are not eligible to apply the small profits rate for corporation tax, regardless of their profit levels.

From April 2026, sole traders and landlords with qualifying income over £50,000 will have to comply with the Making Tax Digital (MTD) for Income Tax requirements.

HMRC has published draft legislation explaining how the abolition of the special tax rules for furnished holiday lettings (FHLs) will work.

HMRC has delayed planned changes to real-time information (RTI) reporting requirements for employee hours worked.

From 1 January 2024 online platforms such as websites, online marketplaces and apps that allow individuals and businesses to sell items and services are required to collect and report seller information and income to HMRC.

HMRC has issued guidance on various changes to the existing construction industry scheme (CIS) rules.

The clawback threshold for the high-income child benefit charge (HICBC) was increased to £60,000 from 6 April 2024.

HMRC has updated its guidance to clarify the tax position of reimbursed travel costs for hybrid workers.

From 6 April 2024 all unincorporated businesses (sole traders and partners in a partnership) are required to report profits or losses in line with the tax year.

From 6 April 2024 the cash basis has replaced accruals as the default method for preparing sole trader and partnership accounts for tax purposes.

If you made voluntary Class 2 national insurance contributions (NIC) for the 2022-23 tax year, check whether this payment has been refunded in error by HMRC.

A new merged research and development (R&D) scheme has come into effect for periods beginning on or after 1 April 2024.