Category Archive: HMRC

Are you getting ready for the shift to e-invoicing?

2029 may seem like a while away. However, from that point, B2B and B2G transactions must be invoiced electronically and businesses must be prepared to adapt to this new requirement with minimal disruption.

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Small businesses could face publication of P&L accounts from 2028 – with a caveat

Following months of delays and uncertainty, the Government has confirmed that small businesses in the UK will be required to file balance sheet and profit and loss (P&L) accounts with Companies House.

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TikTok tax scam: Spotting tax scams online

Two men have been arrested in East London after allegedly running a TikTok tax scam leading HMRC to block £153 million in repayment claims.

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22 per cent ISA tax rumour shut down by Treasury – Here are the true changes to ISAs next year

Rumours were flying this week that HMRC announced a 22 per cent tax on your ISA if you are holding uninvested cash. This has since been described by the treasury as ‘nonsense’.

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65 per cent of people are still not registered for Making Tax Digital – Is mass non-compliance inevitable?

Despite becoming mandatory for sole traders, landlords and self-employed individuals with qualifying incomes over £50,000 from 6 April 2026, 65 per cent have still not registered for Making Tax Digital (MTD) for Income Tax.

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65 per cent of people are still not registered for Making Tax Digital – Is mass non-compliance inevitable?

Despite becoming mandatory for sole traders, landlords and self-employed individuals with qualifying incomes over £50,000 from 6 April 2026, 65 per cent have still not registered for Making Tax Digital (MTD) for Income Tax.

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Why are lower-paid self-employed workers twice as likely to file late taxes?

HMRC has obtained new data from PensionBee and it has revealed a worrying trend about self-employed workers’ tax returns.

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P11D Deadline 2026: What employers need to do now

If you provided any taxable benefits to employees or directors during the 2025/26 tax year, such as company cars, private medical insurance, beneficial loans, gym memberships, or living accommodation, the P11D deadline should be in your sights.

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tax

Too good to be true? HMRC issues warning on risky landlord tax schemes

HMRC has issued a firm warning to landlords to steer clear of hybrid business model schemes.

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Businesses bear the brunt of nearly £1 trillion tax bill – Are they able to handle the extra costs?

If businesses feel as though they are paying more tax than ever, there is a reason for that.

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