There are now six months until the scope for MTD for Income Tax opens up to sole traders and landlords earning over £30,000 ahead of 6 April 2027.
Six months until MTD pulls in one million more taxpayers: What you need to do now
Tax
Andy Burnham unveils a £210 million package to regenerate high streets: The ‘punishing’ tax burden’s impact on the high street
In late September, Andy Burnham announced a £210 million cash injection into high street regeneration to convert vacant, derelict buildings into cafes and community hubs.
Undeclared medical sector consultancy income becomes latest target of HMRC intervention
HMRC is currently sending out letters to people conducting consultancy work in the medical sector in an effort to close part of the tax gap.
The most wonderful time of the year for tax savings: HMRC’s £150-a-head party exemption
As the winter months approach and the nights begin to roll in, many businesses start to plan and book their annual Christmas bash.
Following the latest Facebook fad? Did you know you need to pay tax on your cake shed?
While honesty boxes have long been a part of British culture, little sheds are popping up at the end of people’s front gardens that hold a mass of homemade cakes, brownies and sourdough bread.
Crypto investors have paid £1.38 billion in tax: Do you know what you need to pay?
HMRC sent over 65,000 warning letters to cryptocurrency investors over the last year due to a suspected underpayment of tax.
You don’t own the business, but do you still owe the tax? HMRC ‘failure to notify’ penalties following a share disposal
If you are a shareholder in a company you have little involvement in, you might not realise a share disposal can trigger Capital Gains Tax (CGT).
Pokémon cards and cryptocurrency: Understanding Capital Gains Tax when selling assets for a profit
Capital Gains Tax (CGT) receipts were up 17.6 per cent in July compared to July 2025, highlighting the growing importance of understanding the tax implications of asset sales.
Sole trader vs limited company for side hustles – Which is the most tax-efficient?
With many individuals starting a ‘side hustle’ to supplement their salary, setting up as a sole trader or limited company is the first big decision.
Can your business afford the team you need to deliver growth?
To say that the UK economy is a bit of a mixed bag at the moment is something of an understatement, as the disparity between different businesses is resulting in an odd pattern emerging.