Financial advice for owners and managers of small and medium sized business SMEs in the UK All your tax, borrowing and administration advice
A landmark tribunal ruling could save UK families six-figure sums in inheritance tax by overturning HMRC’s challenge to historic ‘home loan’ tax schemes. Find out what…
HMRC has quadrupled the number of R&D tax relief claims it has “corrected” without opening formal enquiries, sparking concerns that legitimate businesses are being unfairly targeted.
UK SMEs are eager to invest but are delaying major decisions ahead of the Spring Statement. Business leaders call for stability as economic uncertainty continues to…
Former Liverpool footballer and Sky Sports pundit Phil Thompson has lost his IR35 appeal, leaving him with a £300,000 tax bill. Find out why HMRC ruled…
The UK government has initiated a review into SME lending, citing persistently elevated borrowing costs and a sharp fall in net lending as key concerns for…
Many UK SMEs face a steep rise in National Insurance from 2025/26, yet salary sacrifice schemes could save them over £4bn annually.
The Treasury has unveiled plans to reward insiders who blow the whistle on tax avoidance or fraud, offering payments of up to 25 per cent of…
HM Revenue & Customs (HMRC) is poised to lift the threshold for filing self-assessment tax returns to £3,000, a move expected to spare an estimated 300,000…
HMRC is cutting late payment interest to 7% following the Bank of England’s rate cut—but taxpayers still face double the interest rate on overdue tax bills…
Ex-England captain Bryan Robson part-wins IR35 tax case vs HMRC over his Man Utd ambassador role, fuelling debate on off-payroll rules and the ‘IR35 Decade Club.’
Businesses using AI to file R&D tax claims risk HMRC rejection if there’s no human oversight, warn experts. Quality checks and adviser input remain crucial.
The new year is an excellent opportunity for businesses to review their finances and plan effectively for the months ahead.
HMRC is set to receive income details from online platforms like eBay and Vinted, but tax experts warn that mismatched reporting periods could catch UK sellers…
Taxpayers stand to save both money and headaches in 2025 by committing to better tax practices in the year ahead, according to leading audit, tax and…
Millions of people across the UK are at risk of penalties after HM Revenue & Customs (HMRC) revealed that 5.4 million taxpayers have yet to submit…