New interest hike means late tax payments now cost more
9 April 2025
As of 6 April 2025, late tax payments are now subject to an 8.5 per cent interest rate, following an […]
9 April 2025
As of 6 April 2025, late tax payments are now subject to an 8.5 per cent interest rate, following an […]
12 February 2025
Cybercriminals are ramping up their efforts to deceive businesses, using increasingly sophisticated phishing scams to commit VAT fraud.
22 January 2025
The April 2026 rollout of Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) is fast approaching.
15 January 2025
In 2024 alone, HM Revenue & Customs (HMRC) clawed back a staggering £45.7 billion in unpaid taxes, £10 billion more […]
12 March 2024
You can only claim for VAT on goods and services purchased for your business if you are VAT registered.
15 January 2024
In 2023, 12.7 per cent of full-time employees worked from home, while 28.2 per cent worked a hybrid model. Judging […]
3 October 2023
As part of their scheme to increase VAT registration efficiency, HM Revenue & Customs (HMRC) is attempting to make the […]
27 September 2023
HM Revenue & Customs (HMRC) has rolled out a new initiative known as “open banking enhancements,” designed to make tax […]
8 August 2023
New legislation may be put in place by the Government that requires taxi firms across the UK to add VAT […]
