CGT: HMRC’s software error could cost thousands of taxpayers
Thousands of people who made capital gains in 2024-25 risk hefty penalties due to outdated HMRC software that hasn’t been updated to reflect the Autumn Budget’s tax rate increase. The problem with HMRC’s system
Nearly 3 million taxpayers set for Making Tax Digital by 2028
Making Tax Digital (MTD) – HMRC’s ambitious digital transformation – will sweep up 2.9 million self-employed individuals and landlords over the next three years, fundamentally reshaping how Britain’s entrepreneur
MTD IT Deadlines: What you need to prepare for
HMRC’s Making Tax Digital for Income Tax (MTD IT) initiative will fundamentally change how self-employed professionals and property owners manage their tax obligations, moving from annual submissions to regular dig
Employment Rights Bill Roadmap: What’s changing and when
The UK is on the brink of its biggest employment law reform in decades. The new Employment Rights Bill introduces a sweeping set of changes that will reshape how businesses hire, manage and support their employees.
What HMRC’s tax gap means for SMEs
HMRC’s recent figures reveal a concerning trend that could directly impact your business. The tax gap (the difference between expected and collected revenue) has reached £46.8 billion for 2023/24, representing 5.3% of
