More than 580,000 traders faced penalties for late VAT payments last year, accounting for a quarter of all VAT-registered businesses. This shows that the tougher penalty regime introduced in 2023... read more →
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HMRC collected 9.3% more tax in 2025/26 than the previous year, a rise largely driven by higher capital gains tax rates and increased employer national insurance contributions. Receipts for CGT... read more →
The Government has announced a temporary reduction in VAT from 20% to 5% on a range of family activities and children’s meals this summer, aimed at helping families with the... read more →
Understanding the property tax landscape can be complicated – especially when it comes to Stamp Duty Land Tax (SDLT). Whether you're a landlord, investor, business owner or private buyer, having... read more →
From 18 May 2026, HMRC is introducing a new requirement for businesses that interact with HMRC on behalf of clients to register as a tax adviser. For many law firms,... read more →
How has the UK housing market performed compared to inflation over the past decade? Looking at the period from January 2016 to January 2026 provides a clear answer. ... read more →
Making Tax Digital (MTD) is now live, but with relatively low registration numbers, many sole traders and landlords are still considering how best to comply. For most people, now the... read more →
The cycle-to-work scheme continues to be a popular and tax-efficient benefit for both employers and employees. Despite speculation, no financial cap was introduced in the November 2025 Budget. This is... read more →
The normal expenditure out of income exemption can be a highly effective way to pass on wealth during your lifetime, without triggering inheritance tax (IHT) or waiting seven years. A... read more →
April brought several important changes for businesses, and while they may not grab headlines, they could have a real impact on how you manage your tax position. From capital allowances... read more →
