Tax | Q&A: When do we apply national living wage increases?

In this week’s Q&A, Croner-i payroll advisor Vanessa Matthews QBE explains all the changes after the national living wage (NLW) increases 

24 Jun 2025

Tax

Business Tax

Employment Tax

HMRC

Tax Compliance

Tax | Former footballer hit with HMRC bankruptcy petition

HMRC has issued a bankruptcy petition to a former England football star who spent time playing for Chelsea and Manchester City

23 Jun 2025

Tax

HMRC

Tax Compliance

Tax | The danger of raising capital gains tax rates

With the date for the Autumn Budget still to be set RSM tax partner, Chris Etherington, says capital gains tax (CGT) could be revisited as the chancellor looks to fill financial holes

23 Jun 2025

Tax

HMRC

Budget

Tax | Employer NICs shoot up £1.9bn in May tax take

In just one month businesses have paid out nearly £2bn in extra employers’ National Insurance while capital gains tax take fluctuates by the month as hit by weak M&A market

20 Jun 2025

Tax

Business Tax

Employment Tax

Personal Tax

Property Tax

Inheritance Tax

VAT

HMRC

Tax | HMRC claws back £30k from Surrey Adventure farm

A Surrey based children’s soft play and farm has lost its appeal at tribunal after miscalculating the real time information of their employees but tried to blame the staff

20 Jun 2025

Tax

Business Tax

HMRC

Case Reports

Business | Small businesses responsible for 60% of tax gap

Billions of pounds of tax remain uncollected as HMRC reports the tax gap has grown to £46.8bn, equivalent to 5.3%, with small businesses the worst offenders for yet another year

19 Jun 2025

Business

Companies

Tax

Business Tax

Personal Tax

HMRC

Tax Compliance

Tax | Food VAT legislation ‘doesn’t work’ says barrister

The definition of food when it comes to VAT has been argued upon for decades and is in need of urgent change, says leading tax barrister, as rules outdated and do not ‘stand the test of time’

19 Jun 2025

Tax

VAT

HMRC

Tax | Payroll agents, medics and vape shop owe £138m in tax and penalties

A wholesaler of machine tools is this month’s worst deliberate tax defaulter, owing HMRC over £33m, while trio of payroll agencies have dodged £6.1m 

18 Jun 2025

Tax

HMRC

Tax Compliance

Tax | UPS driver falls victim to ‘industrial scale’ tax reclaim scheme

A tribunal has dismissed the appeal of a UPS driver who used Apostle Accounting to make ‘excessive and unallowable’ expenses claims, but his actions were ‘careless not deliberate’

18 Jun 2025

Tax

HMRC

Tax Compliance

Case Reports

Tax | Azets files first landlord client MTD quarterly update

Private equity backed Azets has filed the first Making Tax Digital (MTD) for Income Tax quarterly update for a landlord client using Xero software

18 Jun 2025

Tax

Making Tax Digital

Property Tax

HMRC

Tax | Deadline to register for 15% Pillar 2 tax with HMRC looms

Companies falling under Pillar 2 tax rules with December 2024 year ends must register online with HMRC before the end of this month, even global groups with the smallest UK presence

17 Jun 2025

Tax

Business Tax

HMRC

Tax Compliance

Law and Regulation

Tax | NI increase forces half of businesses to freeze pay

One in five companies have already cut jobs, while 51% have put a freeze on salary increases after employers’ National Insurance hits companies

17 Jun 2025

Tax

Employment Tax

HMRC

Tax | Chelsea boatyard owners lose £1.6m tax appeal

The owners of Chelsea Yacht & Boat Company based at Cheyne Pier have lost an appeal over entrepreneurs’ relief for more than £880,000 each, but £360,000 penalty overturned

17 Jun 2025

Tax

HMRC

Tax Compliance

Case Reports

Tax | HS2 contractor reported to HMRC over tax issues

Reports of alleged fraud within the circle of contractors at HS2 circulated last month and now the high-speed rail company has reported a contractor to HMRC

16 Jun 2025

Tax

Employment Tax

HMRC

Tax | £36k tax bill bankrupts former West Ham footballer

After failing to appear before the court to pay the tax bill or declare he did not have the means to pay, a former footballer and pundit has been issued a bankruptcy order

13 Jun 2025

Tax

HMRC

Tax Compliance