Keeping track of deadlines can be challenging, particularly for businesses with several different tax obligations.
Continue ReadingLatest Articles
If you acquire, create or construct capital items for use in a business and you incur VAT on those items, you may need to use the VAT Capital Goods Scheme (CGS) on your VAT returns.
Continue ReadingHMRC has identified an issue that may affect some taxpayers who became self-employed between 2015 and early 2024 and have missing qualifying national insurance years.
Continue ReadingA new mileage-based charge for electric vehicles (EVs) and plug-in hybrids known as electric vehicle excise duty (eVED) is due to come into effect from 1 April 2028.
Continue ReadingIf you receive income from renting out property you may receive a letter from HMRC asking you to check the figures on your tax returns.
Continue ReadingMany taxpayers have overpaid income tax under the P800 system due to a flaw in HMRC's calculation method.
Continue ReadingThe deadline for filing the first quarterly update (QU) under MTD for income tax has now passed, but QUs still need to be filed.
Continue ReadingTaxpayers who were required to join Making Tax Digital for income tax (MTD) from April 2026 but have not done so will be signed up automatically.
Continue ReadingFrom April 2026 small businesses will benefit from a further increase in small employer's relief.
Continue ReadingEmployees and business owners could be entitled to an additional £1,000 per year in tax relief for business journeys undertaken in personal vehicles.
Continue ReadingHMRC has reconfirmed that supplies of electricity for charging electric vehicles (EVs) at public EV charging points is standard-rated for VAT purposes.
Continue ReadingIndividuals and landlords with gross income from self-employment and/or property above £50,000 on the 2024-25 tax return are mandated to join Making Tax Digital (MTD) from April 2026. But what happens if that income has ceased by then?
Continue ReadingThe Government has announced a temporary VAT reduction this summer aimed at helping families with the cost of school holiday activities.
Continue ReadingEmployees and pensioners are being encouraged to check whether they are due a PAYE tax refund.
Continue ReadingAn outstanding loan to a director or shareholder from a close company can trigger a tax charge under Section 455 of the Corporation Tax Act 2010.
Continue Reading