Tax rules for cryptoassets set to change
The tax treatment of some crypto assets is set to change under draft legislation for...
New duty on vaping products starts in October
Businesses in the vaping sector are reminded that the new Vaping Products Duty and the...
HMRC targets persistent tax debts
HMRC is reviewing proposals to introduce new powers for recovering lower-value, persistent tax debts from...
New self-assessment registration service launched
HMRC has launched an improved online service to make it easier for individuals to register...
Training clawbacks can constitute an unlawful restraint of trade
Seeking to claw back training costs from wages is common practice. However, a recent ruling...
New funding opens for growing businesses
The British Business Bank has launched a £210 million investment fund to help smaller businesses...
Could simpler reporting reduce business paperwork?
The Government has announced plans to simplify corporate reporting and reduce the administrative burden placed...
Tax diary: October and November 2026
1 October 2026 - Corporation Tax payment is due for companies with an accounting period...
Business expenses when costs have a private element
Self-employed people can deduct allowable business expenses when calculating their taxable profits. However, where a...
Could simplified expenses save you time and money?
Self-employed people can choose to use simplified expenses to calculate certain business costs using flat...
Are you paying your staff the correct minimum wage?
Employers must make sure their staff receive at least the National Minimum Wage or National...
When is a company dormant for Corporation Tax?
A company does not have to be formally closed to become dormant for Corporation Tax...
When can a trading loss generate a tax refund
Making a trading loss whilst not ideal can sometimes generate a tax refund. If you...
Is your company paying Corporation Tax at the right rate?
The rate of Corporation Tax payable depends mainly on the level of a company’s taxable...
Could company dividend rules be changing?
The Government has announced plans to consider major changes to the rules governing when companies...
Nearly 660 employers named for minimum wage failures
The Government has named nearly 660 employers for failing to pay workers the National Minimum...
Is your VAT control system strong enough?
A strong VAT control system should clearly identify who is responsible for VAT, document the...
Could company distribution rules change?
The tax rules concerning what constitutes a distribution for tax purposes have remained largely unchanged...
Predevelopment costs on major developments
Businesses planning major infrastructure and development projects should be aware of a new government consultation...
UK employers with overseas employees
UK employers with employees who normally work overseas may have PAYE and National Insurance obligations...
Received a P800 from HMRC?
HMRC is currently carrying out its annual reconciliation of PAYE for the 2025-26 tax year...
Summer VAT relief has ended
The temporary 5% reduced rate of VAT introduced for certain children’s meals, tickets and family...
When a discretionary bonus becomes enforceable
Where an employee is promised a discretionary bonus as an incentive, an employer may be...
Company accounts are going fully digital
An important change is coming to the way companies file their annual accounts.
From 1 April...
