HMRC enforcing Business Asset Disposal Relief limit
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HMRC enforcing Business Asset Disposal Relief limit
Posted by Karen Jones on May 20, 2026

HMRC is telling people who have claimed more than the £1m Business Asset Disposal Relief lifetime limit to amend their tax returns.

MTD quarterly reporting: advice for sole traders & landlords
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MTD quarterly reporting: advice for sole traders & landlords
Posted by Karen Jones on May 14, 2026

MTD quarterly reporting does not mean four full tax returns a year. Here is what sole traders and landlords need to know.

VAT registration problems? You’re not alone
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VAT registration problems? You’re not alone
Posted by Mark Ingle on May 13, 2026

If you’ve experienced VAT registration problems, you’re not alone. HMRC turns down thousands of applications each year.

VAT margin scheme: how it works for second-hand goods
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VAT margin scheme: how it works for second-hand goods
Posted by Mark Ingle on May 12, 2026

Learn how the VAT margin scheme works for second-hand goods and resellers, including calculations, records, invoices and common mistakes.

R&D tax credits – a guide for businesses in 2026
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R&D tax credits – a guide for businesses in 2026
Posted by Jon Pryse-Jones on May 11, 2026

There have been changes to R&D tax credits in recent years. We look at the current system and how you can claim for the R&D you do.

Companies House late filing penalties – don’t risk them
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Companies House late filing penalties – don’t risk them
Posted by Mark Ingle on May 8, 2026

Companies House late filing penalties can lead to disastrous consequences if you ignore them. We can help make sure you submit on time.

VAT cash accounting scheme: is it right for your business?
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VAT cash accounting scheme: is it right for your business?
Posted by Kirsty Demeza on May 7, 2026

The VAT cash accounting scheme can help some businesses manage cash flow by paying VAT when customers pay. We look at how it works.

Reduce payment on account: can you lower your 31st July tax bill?
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Reduce payment on account: can you lower your 31st July tax bill?
Posted by Karen Jones on April 30, 2026

Can you reduce payment on account before the 31st July Self–Assessment deadline? Find out when HMRC allows reductions and how to apply.

Small business audit: 5 ways to prepare
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Small business audit: 5 ways to prepare
Posted by Andy Green on April 23, 2026

Facing your first small business audit? We explain what to expect and share five practical steps to help you prepare.

Late Self-assessment return? Penalties go up every May
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Late Self-assessment return? Penalties go up every May
Posted by Jon Pryse-Jones on April 20, 2026

If you haven’t filed a late Self-assessment Tax Return by 1st May, you’ll get hit by penalties of £10 a day. Don’t fall into this trap!

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