What should you do if you receive a letter? HMRC is writing to some self-employed individuals whose National Insurance (NI) records may contain gaps that could affect their State Pension. […]
Proposed new software standards likely to make tax audits easier The government is consulting on potential measures that target Electronic Sales Suppression (ESS). Proposals include the introduction of new software
Report sheds light on challenges facing HMRC and the impact on taxpayers The latest annual report from the Charter Stakeholder Group remains highly critical of HMRC’s service performance, with scores
Dates for your diary PAYE Settlement Agreement The deadline for applying for a PAYE Settlement Agreement (PSA) or making any amendments to an existing PSA is 5 July following the
Reforms to affect micro entity and small company accounts Companies House will introduce changes to accounts filing due to governmental reforms under the Economic Crime and Corporate Transparency Act 2023
No extension to statutory due dates when they fall on weekends or bank holidays Incorrect advice provided by Artificial Intelligence (AI) and other websites is contributing to a growing trend
Recent data released by the British Chambers of Commerce (BCC) has exposed a critical, structural threat to UK business growth: an unprecedented surge in commercial crime. According to the comprehensive
UK businesses are entering a period of heightened scrutiny as HM Revenue & Customs (HMRC) ramps up compliance activity following recent government commitments to close the tax gap. Over the
2.9 million individuals will be affected The government is pressing ahead with Making Tax Digital (MTD) for Income Tax – and it will affect many sole traders and landlords over
With Bank Rate now at 4%, financing conditions have eased compared with last year—but the Bank of England is clear that the journey back to its 2% inflation target won’t
