May 29, 2025 | Business Tax
Businesses are falling behind on their tax bills, with HMRC chasing an average of £28 billion in unpaid debts each month during the first quarter of 2025, and the situation could worsen. Figures obtained via a Freedom of Information request show that corporation tax,...
May 23, 2025 | Business TaxPersonal Tax
HMRC’s latest figures show a surge in tax revenues for April 2025, with £80.2 billion collected – up £4.3bn year on year. Despite a 4% cut in employee NICs, employer National Insurance contributions hit a record £12.66bn, reflecting March liabilities and not showing...
May 19, 2025 | Business Tax
In June 2025, HMRC will begin a trial to stop sending certain corporate tax reminder letters by post. Instead, businesses and agents will be expected to check their HMRC online accounts for information previously sent on paper. The trial will focus on how companies...
Apr 30, 2025 | Business TaxPersonal Tax
HMRC has issued a clear warning to landlords: avoid tax schemes involving limited liability partnerships (LLPS) or face serious consequences. A scheme currently being marketed to rental property owners suggests using an LLP as a conduit to transfer properties into a...
Apr 30, 2025 | Business TaxGovernment AnnouncementsPersonal Tax
The Treasury has released a surprise Tax Update Spring 2025 containing 26 technical measures designed to simplify administration, modernise HMRC systems, and reduce business compliance costs. Published on 28 April, the package covers PAYE, National Insurance, VAT, and...
