Tax

Latest news

Image for umbrella company faces maximum ps16m hmrc penalty

Tax | Umbrella company faces maximum £1.6m HMRC penalty

Moir Management Services given maximum seven figure penalty for failure to disclose a notifiable arrangement over payment model and absence of a reasonable excuse

25 Nov 2025

Tax | 70% of agents say ‘unpopular’ MTD will raise costs

Making Tax Digital (MTD) for Income Tax will be expensive and time-consuming to implement with 69% of agents and businesses seeing ‘no benefits’

25 Nov 2025

Tax

Making Tax Digital

HMRC

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Tax | Q&A: tax and foreign capital losses

In this week’s Q&A, Michael Smylie, adviser at Croner-i VIP Tax Team, explains tax considerations after abolition of domicile for tax purposes

25 Nov 2025

Tax | State pension up 4.8% perilously close to threshold

Chancellor confirms state pension to rise by 4.8% in line with earnings and well above inflation, putting pensioners within £23 of tax threshold

24 Nov 2025

Tax

Personal Tax

HMRC

Tax | HMRC sends letters to taxpayers liable for MTD quarterly reporting

In a major push to drive awareness about Making Tax Digital for Income Tax, HMRC is writing to hundreds of thousands of taxpayers with income over £50,000 falling under reporting net

24 Nov 2025

Tax | Vape importer, fisherman and online model owe £10.6m in tax

Over 160 companies and individuals owe HMRC a total of £75m in tax and penalties, with a vape importer from Leeds top of the list

24 Nov 2025

Tax

HMRC

Tax Compliance

Image for heavy tax burden sees ps749bn monthly take

Tax | Heavy tax burden sees £74.9bn monthly take

Fiscal drag and tax rate increases across the board push up monthly tax take to £74.9bn in October, up £5bn on same month last year

21 Nov 2025

Tax

HMRC

Tax Compliance

Image for two thirds taxpayers against threshold freeze

Tax | Two thirds of taxpayers against threshold freeze

Hike in income tax opposed by half of taxpayers with cuts to ISAs and increases in the long frozen fuel duty just as unpopular

20 Nov 2025

Tax | CPD module: MTD for Income Tax from April 2026

This month’s exclusive CPD module focuses on the reporting requirements for Making Tax Digital (MTD) for Income Tax for landlords and self employed starting in April 2026

20 Nov 2025

Tax | Business splitting to save VAT

Neil Warren CTA (Fellow) ATT considers the pros and cons of splitting businesses to reduce VAT liability, with a warning about HMRC’s powers to treat separate entities as a single registration for VAT purposes if they are closely connected

20 Nov 2025

Tax

VAT

Tax Compliance

Image for tax fraud warning employment agencies and employers

Tax | Tax fraud warning for employment agencies and employers

HMRC has issued a warning about a new fraudulent tax scheme targeted at employment agencies and businesses involving resold tax credits to reduce NICs and income tax

20 Nov 2025

Tax | Pension tax hikes will push NHS workers out

Tax rises at the Budget will be damaging for NHS workforce with threat of income tax tweaks, threshold freezes and costly partnership national insurance, warns Katie Collin, partner at Ramsay Brown LLP

20 Nov 2025

Tax

Personal Tax

Budget

Image for hmrc showed cavalier approach child benefit checks

Tax | HMRC showed ‘cavalier’ approach to child benefit checks

MPs on the influential Treasury Committee criticise HMRC crackdown on potential abuse of child benefit system, leaving parents without crucial payments and giving little time to respond to checks

19 Nov 2025

Tax | Bar owner refused £31k late tax appeal over lost post

HMRC has won a case at tribunal over attempts to make a late appeal after Belfast bar owner argued all the relevant letters and penalty demands had never arrived in the post

18 Nov 2025

Tax

Business Tax

HMRC

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Tax | Register for our post-Budget webinar

18 Nov 2025

Tax | Private mileage rates frozen at 45p per mile for years

Employees who use their own car to travel for work business ‘stranded on the roadside’ by absurdly low mileage rates, which have lost touch with inflation, warns Association of Taxation Technicians (ATT)

18 Nov 2025