Statutory audit: does my limited company need one?
Posted by Andy Green on January 9, 2025If you’re wondering whether your limited company needs a statutory audit, this post well help you make sense of the rules and regulations.
Social media influencers and tax
Posted by Ben Locker on January 8, 2025HMRC is sending out letters to influencers it believes may not be declaring income. But what are the rules regarding influencers and tax?
Changes for landlords in 2026
Posted by Ben Locker on January 7, 20252027 sees a lot of significant changes for landlords. We look at some of the most significant changes and how they will affect you.
Can’t pay tax bill? This is what you need to do
Posted by Karen Jones on December 17, 2024Can’t pay tax bill? If you’re in this position, it’s important to act now if you want to set up a repayment plan and avoid penalties.
Pension lump sum rules
Posted by Jon Pryse-Jones on December 12, 2024If you have taken a tax-free pension lump sum and wish to return it, HMRC has confirmed that you may face penalties.
Online sellers – tax rules explained
Posted by Jon Pryse-Jones on December 9, 2024Some online sellers have been worrying about rules that require online platforms to share their data. We look at what happened.
Employment Allowance explained
Posted by Mark Ingle on December 5, 2024Back in the Autumn 2024 Budget, the Chancellor announced significant changes to the Employment Allowance. We explain what they mean for you.
‘eBay Tax’ – the tax rules for selling online
Posted by Jon Pryse-Jones on December 5, 2024If you sell items online you may be liable for the so-called ‘eBay Tax’. We take a closer look at the tax rules for online selling.
Late self-assessment? Beware the tax return ‘super penalty’
Posted by Karen Jones on December 3, 2024Late self-assessment penalties can soon get expensive. But did you know HMRC has the power to impose a 200% ‘super penalty’ in some cases?
HMRC and ‘Managed Service Companies’
Posted by Karen Jones on December 3, 2024We detail HMRC’s approach regarding Managed Service Companies. It’s important that you don’t use these structures as you will face penalties.
