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17 November, 2024
HMRC’s new VAT tool
If you are thinking about registering voluntarily for VAT, or hovering around the £90,000 compulsory registration threshold, the new VAT Registration Estimator tool from HMRC could be for you.
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15 November, 2024
HMRC targets sales of cats and dogs
If you’ve made money from breeding or selling cats, dogs and other animals, HMRC could be on your tail.
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14 November, 2024
Employers: avoid unwanted attention from HMRC
The latest tax gap figures show a black hole of more than £3 billion for PAYE. This gap is being put down to employer errors.
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11 November, 2024
Major change for holiday lets
Preferential tax rules for furnished holiday lettings (FHLs) end in April 2025, removing any tax incentive to offer short-term holiday lets, rather than letting residential property on a longer basis.
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10 November, 2024
Extra staff for Christmas
Employers boosting their workforce — even temporarily — need to remember the pensions automatic enrolment rules.
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5 November, 2024
Tax owing?
HMRC offers Time to Pay (TTP) where a business or individual is struggling to make a tax payment because of genuine financial hardship or personal difficulties.
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1 November, 2024
HMRC construction industry concerns
Subcontractor verification is under HMRC’s spotlight.
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31 October, 2024
Our summary of the Autumn Budget 2024
Chancellor Rachel Reeves delivered her Budget on Wednesday 30 October 2024. She pledged to ‘invest, invest, invest’ to drive growth and ‘restore economic stability’. Only time will tell if her approach is successful.
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31 October, 2024
Our summary of the Autumn Budget 2024 (copy 1)
Chancellor Rachel Reeves delivered her Budget on Wednesday 30 October 2024. She pledged to ‘invest, invest, invest’ to drive growth and ‘restore economic stability’. Only time will tell if her approach is successful.
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6 September, 2024
Creative Tax Incentives Reflect the Market Trends Fuelling the UK’s Growth as a Creative Hub
The annual Creative Industries Statistics Commentary has recently been released, covering the various ‘Tax Reliefs’ up to March 2023.
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31 July, 2024
Reporting benefits in kind
Get ready for change. From April 2026, it’s expected that employers will be required to report and pay Income Tax and Class 1A National Insurance contributions on benefits in kind in real time, via payroll software.
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24 July, 2024
Staff tips: when do new employer duties begin?
Temporary delay buys more time for preparation. Earlier this year, a new Code of Practice on the fair and transparent distribution of tips was published and laid before Parliament. It will have legal effect under the long-awaited Employment (Allocation of Tips) Act 2023.
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