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.
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.
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…
It was warned by many businesses that rising National Insurance Contributions (NICs) and wages would combine with operational costs to make recruitment more difficult.
Despite becoming mandatory for sole traders, landlords and self-employed individuals with qualifying incomes over £50,000 from 6 April 2026, 65 per cent have still not…
If businesses feel as though they are paying more tax than ever, there is a reason for that.
HMRC has sent out a message to some of the 12 million people with Self Assessment tax accounts in the last week or so, alerting…