When silence costs millions – Ignoring HMRC is a risk you cannot afford

Most directors do not expect to face personal tax bills in the millions.

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The Bank’s latest rate cut is here, what now for your business?

The Bank of England (BOE) has cut the base interest rate to 4.25 per cent, down from 4.5 per cent.

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Company car VAT – Avoiding mistakes when applying the fuel scale charge

From 1 May 2025, HM Revenue & Customs (HMRC) reduced its road fuel scale charges, reflecting a drop in fuel prices.

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HMRC issues important tax warning to employers

Mandatory payrolling delayed to 2027 – Time to prepare, not to forget

The Government has confirmed that the mandatory payrolling of benefits in kind (BIK) and taxable employment expenses will now be introduced from April 2027, a year later than initially planned.

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How to claim a Self-Assessment tax refund during the HMRC phone line pause

HM Revenue & Customs (HMRC) has recently temporarily suspended telephone and webchat services for Self-Assessment repayment requests.

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What is the Worldwide Disclosure Facility and when should you use it?

If you have undeclared income or assets held overseas, you may owe tax in the UK.Continue reading→

How trivial benefits can improve employee morale without increasing your tax bill

When businesses look to motivate their teams, the focus often lands on salary, bonuses or large-scale perks.

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Right to work checks – Financial risks and compliance steps for business owners

Right to work checks form an important part of business risk management, particularly now that the Government has increased the financial penalties for non-compliance.

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HMRC is closing its free Company Tax Return filing service – what your business needs to do now

From 31 March 2026, HM Revenue & Customs (HMRC) will permanently close its free online service for filing Company Tax Returns and annual accounts.

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Fewer HICBC penalties – a sign of success, or a reminder to stay compliant?

Recent data from HM Revenue & Customs (HMRC) shows a dramatic fall in penalties issued under the High Income Child Benefit Charge (HICBC) – from over 13,500 in 2018/19 to just 46 in 2024/25.

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