Tax News

Mind the (tax) gap – Why HMRC may have SMEs in its sights


The tax gap, the difference between the amount of tax owed and collected, has long been a thorn in HM ...

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Are your systems ready for MTD? Five things to check as the clock ticks down


HM Revenue and Customs (HMRC) is working to enhance compliance and improve efficiency with tax filings by implementing Making Tax ...

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Child Benefit repayments changing for thousands this summer


The way families make Child Benefit repayments to HM Revenue & Customs (HMRC) is changing. From the summer, many families ...

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Green levies on UK businesses to be cut


The UK Government has confirmed that it will reduce green levies for energy-intensive industries. These cuts aim to drive growth ...

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Are tax rises on the horizon? What recent activity at The Treasury means for you and your business


While the 2025 Spending Review focused on long-term investment rather than introducing new taxes, the scale of spending suggests that ...

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How much do you know about the normal expenditure out of income rule?


As families look for ways to mitigate future Inheritance Tax (IHT) liabilities, one strategy is the ‘normal expenditure out of ...

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Too many sole traders are still missing out on their State Pension


How much State Pension you get depends on your National Insurance (NI) record when you reach the State Pension age. ...

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Increased borrowing could mean increased taxes, experts warn


Public borrowing hit £20.5 billion in April, the highest level for that month since 1993 and nearly £3 billion above ...

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Kittel VAT: How to control the uncontrollable


Receiving a Kittel VAT notice is something that many businesses dread. HM Revenue and Customs (HMRC) can demand the repayment ...

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