Apr 28, 2025 | Business Tax
The Institute of Chartered Accountants in England and Wales (ICAEW) has reminded employers that, from 6 April 2025, those with globally mobile or treaty non-resident employees may operate reduced PAYE withholding immediately after submitting a notification to HMRC....
Apr 24, 2025 | Business TaxPersonal Tax
HMRC’s tax receipts for 2024/25 have reached a record £857 billion – £28.1bn more than the previous year’s total of £828.1bn. That’s a more than £200bn rise since 2019/20, when receipts stood at £633bn. Over the past two decades, the total has more than doubled. A...
Apr 8, 2025 | Business TaxCurrent AffairsPAYE and NI
Nearly half of UK businesses are rethinking their recruitment plans in response to higher employment taxes and labour costs. According to new research by recruitment company Reed, 46% of companies said the recent rise in national insurance contributions (NICs) would...
Apr 2, 2025 | Business Tax
HMRC has issued a fresh warning to companies using marketing and advertising arrangements to extract profits while avoiding tax. In Spotlight 68, the tax authority highlighted a scheme where businesses buy advertising services from promoters, deduct the cost for...
Mar 31, 2025 | Business TaxPersonal Tax
According to figures obtained by the Bureau of Investigative Journalism, prosecutions of professionals who help clients evade tax have dropped by more than 75% in the past five years, with fewer than five cases brought in 2023/2024. Targeting “enablers” – including...
