The Bank’s latest rate cut is here, what now for your business?
The Bank of England (BOE) has cut the base interest rate to 4.25 per cent, down from 4.5 per cent.
Company car VAT – Avoiding mistakes when applying the fuel scale charge
From 1 May 2025, HM Revenue & Customs (HMRC) reduced its road fuel scale charges, reflecting a drop in fuel prices.
Mandatory payrolling delayed to 2027 – Time to prepare, not to forget
The Government has confirmed that the mandatory payrolling of benefits in kind (BIK) and taxable employment expenses will now be introduced from April 2027, a year later than initially planned.
How to claim a Self-Assessment tax refund during the HMRC phone line pause
HM Revenue & Customs (HMRC) has recently temporarily suspended telephone and webchat services for Self-Assessment repayment requests.
What is the Worldwide Disclosure Facility and when should you use it?
If you have undeclared income or assets held overseas, you may owe tax in the UK.
How trivial benefits can improve employee morale without increasing your tax bill
When businesses look to motivate their teams, the focus often lands on salary, bonuses or large-scale perks.
Right to work checks – Financial risks and compliance steps for business owners
Right to work checks form an important part of business risk management, particularly now that the Government has increased the financial penalties for non-compliance.
HMRC is closing its free Company Tax Return filing service – what your business needs to do now
From 31 March 2026, HM Revenue & Customs (HMRC) will permanently close its free online service for filing Company Tax Returns and annual accounts.
Fewer HICBC penalties – a sign of success, or a reminder to stay compliant?
Recent data from HM Revenue & Customs (HMRC) shows a dramatic fall in penalties issued under the High Income Child Benefit Charge (HICBC) – from over 13,500 in 2018/19 to just 46 in 2024/25.
An overview of filing and payment penalties for businesses
Across the major taxes, HM Revenue & Customs (HMRC) issues penalties when tax is not filed or paid on time.
