Close companies (broadly, those controlled by five or fewer shareholders or participators) and their owners have new reporting requirements under…
Read MoreWhat was the HMRC v Colchester institute VAT dispute about? Colchester Institute — a further education college in Essex —…
Read MoreIn the 2025/26 tax year, VCT fundraising in the UK reached a total of £918 million – about 3% more…
Read MoreIn the United Kingdom, “new financial year” can mean two things. The government’s financial year typically runs from 1 April,…
Read MoreHM Revenue & Customs is preparing to tighten aspects of the UK’s tax system, with proposed changes to HMRC tax…
Read MoreBritain’s drive to digitise tax reporting has finally reached income tax. From 6 April 2026, sole traders and landlords with…
Read MoreThe UK government has postponed the requirement for financial services businesses to register for tax adviser registration for financial services…
Read MoreThe Finance Act 2026 is the latest UK tax law to come out of the government’s annual budget process. It…
Read MoreHMRC’s latest figures show a sharp rise in transfer pricing yield, longer enquiry timelines, and a continued focus on profit…
Read MoreA turning point for self‑employed taxpayers The UK tax system is undergoing a critical juncture in its modernisation. From 6…
Read MoreWith the UK government reshaping gambling duties, the most striking feature of the Autumn Budget 2025 for bingo halls is…
Read MoreHMRC investigations into big businesses have become markedly longer, with many major corporate tax enquiries now stretching across several years.…
Read MoreA recent ruling by the First-tier Tribunal has clarified the rules around pre-registration VAT recovery in the UK, allowing businesses…
Read MoreA Surrey management consultant has been banned from acting as a company director for five years after his latest consultancy…
Read MoreA new campaign website from HM Revenue & Customs promises to make taxes less daunting for employees, small business owners,…
Read MoreFor many UK workers, driving their own vehicles for business purposes can be a costly endeavour. Fortunately, there is a…
Read MoreThe UK government has confirmed that paid entries to online VAT on prize draws offering both a free and paid…
Read MoreAs the end of the UK tax year approaches, it’s crucial to make the most of available tax allowances before…
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