Government proposes changes to the taxation of distributions and repayments of capital from companies
The last few weeks have been awash with minor and major reforms to taxation in the UK, as part of HMRC’s Tax Update 2026.
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Paying tax as you earn it: The proposal that could reshape Self Assessment
Anyone subject to the UK’s Self Assessment system knows the rhythm by now. Income is earned across the tax year and the bill for it…
Making Tax Digital off to a slow start
With the upcoming 7 August deadline, HMRC reports that it is still waiting for over half of those affected by Making Tax Digital (MTD) to…
Despite setting sights on small businesses, the tax gap is still growing – How do businesses become tax compliant?
Between the amount of tax owed and the amount paid is the dreaded tax gap, the amount of additional revenue that HMRC would have to…
Accepting cryptocurrency as payment – The tax implications for UK SMEs
One in five of the UK’s top SMEs is already seeing customer demand for cryptocurrency payments, according to a recent survey by payment technology provider…
The 53 per cent tax surge: How frozen thresholds are quietly costing you more
It has been reported that UK taxpayers have paid £153.7 billion in tax and National Insurance (NI) in May 2026.