Do you know how to manage the increased director’s loan tax charge?
We are officially a few days into the 2026/27 tax year and directors need to be positive on how the latest reforms affect them.
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Making Tax Digital has started – Are you ready for the first submission?
Making Tax Digital (MTD) for Income Tax has now begun, years after it was first announced and when it was due to take effect.
How do you know if you are exempt from Making Tax Digital (MTD)?
The first phase for Making Tax Digital (MTD) for Income Tax is nearly upon us, as the new system of digital tax reporting commences from…
National Payroll Week is the perfect time to check that your payroll records are compliant
The first week of September is National Payroll Week, and this year sees the 26th one since its inception.
Fewer HICBC penalties – a sign of success, or a reminder to stay compliant?
Recent data from HM Revenue & Customs (HMRC) shows a dramatic fall in penalties issued under the High Income Child Benefit Charge (HICBC) – from…
Understanding company van expenses for sole traders
If you are a sole trader, you must consider the tax implications of owning a van for business use. For sole traders, a van is…