Category Archive: HMRC

Crypto investors have paid £1.38 billion in tax: Do you know what you need to pay?

HMRC sent over 65,000 warning letters to cryptocurrency investors over the last year due to a suspected underpayment of tax.

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You don’t own the business, but do you still owe the tax? HMRC ‘failure to notify’ penalties following a share disposal

If you are a shareholder in a company you have little involvement in, you might not realise a share disposal can trigger Capital Gains Tax (CGT).

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HMRC is set to automatically sign up thousands of taxpayers to MTD after a slow uptake

The first quarterly filing deadline for MTD for Income Tax passed on 7 August, with 864,000 sole traders and landlords earning over £50,000 a year set to have signed up and completed the filing.

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The dangers of using AI for tax advice

AI is something that we cannot escape, as it is built into nearly everything that people use on a day-to-day basis.

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The top tax-saving opportunities that are often missed by SMEs

Nobody wants to pay more tax than they need to. For SMEs, paying the right amount of tax has become more important than ever.

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Traumatic or trustworthy – Is HMRC doing enough to support taxpayers?

Taxpayers need to know how to comply with changing rules and many find themselves reaching out to HMRC for support and guidance.

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The financial benefits of hiring Gen Z

15 July marks World Youth Skills Day, which is a day to celebrate the importance of equipping young people with the skills they need for employment and entrepreneurship.

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Traumatic or trustworthy – Is HMRC doing enough to support taxpayers?

Taxpayers need to know how to comply with changing rules and many find themselves reaching out to HMRC for support and guidance.

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HMRC launches consultation for mandatory Direct Debit VAT and PAYE payments

HMRC is currently consulting on proposals that could make Direct Debit the mandatory payment method for VAT and PAYE liabilities – a move that would affect millions of UK businesses.

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Government proposes changes to the taxation of distributions and repayments of capital from companies

The last few weeks have been awash with minor and major reforms to taxation in the UK, as part of HMRC’s  Tax Update 2026.

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