News

September 24, 2026

Changes to Self Assessment reporting for directors

HMRC have clarified the position on Self Assessment tax return reporting requirements for directors of close companies and updated their guidance for directors of charities.

September 23, 2026

Update on UK VAT refunds for non-UK businesses

HMRC have updated guidance on UK VAT refunds for non-UK businesses in a VAT group. Revenue & Customs Brief 10 (2026) explains changes to how non-UK businesses in a VAT group should make future UK VAT refund claims and the transitional arrangements. It also explains how to ask HMRC to reconsider claims made since 1 January 2021 that have been refused.

February 12, 2024

How to recognise tax scam phone calls, emails and text messages

HM Revenue and Customs (HMRC) have recently published updated their guidance on how to identify tax scams made by phone, email, or text.

February 9, 2024

No final decision yet on a digital pound

The Bank of England and HM Treasury have published their response to a consultation on a digital pound that was started in February 2023.

February 7, 2024

Cuts to National Insurance rates benefit January pay packets

The 12% to 10% employees national insurance rate cut first announced in the Autumn Statement came into effect in January. This means that many employees will have seen a boost in their take home pay in their January pay packet.

February 5, 2024

Streamlining your business: Strategies to speed up customer payments and improve cash flow

Begbies Traynor, a firm of business rescue and recovery specialists, have published their latest Red Flag Alert based on financial data from the last quarter of 2023. It makes worrying reading as they estimate that more than 47,000 businesses in the UK are near collapse because of being in critical financial distress.

February 2, 2024

Fake reviews, hidden fees and shop labelling to be tackled by new laws

The Department for Business and Trade are making changes that will ban dripped fees, make fake reviews illegal, and make sure that price labelling on supermarket shelves is clearer.

January 31, 2024

UK services exports to be helped by £500,000 government funding

The government has pledged £500,000 of funding to help facilitate agreements that will allow UK professionals to qualify more easily to provide services in foreign countries.

January 29, 2024

Income Tax and selling online

In recent weeks there has been a flurry of online activity discussing the new law that will require online marketplaces to report information about income made by their users to HMRC. The discussion has led to many people asking questions such as “Will I have to pay tax on the money I make from selling my old belongings on Vinted or eBay?”

January 26, 2024

Post Office Horizon scandal: A stark reminder to prioritise people over systems

The recent Post Office Horizon scandal, given further exposure by the related TV drama, provides a cautionary tale about the perils of overlooking the human impact of technology decisions.