Effective 21 October 2025, HMRC’s changes to Child Benefit and the High Income Child Benefit Charge (HICBC) are now in place. These updates aim to simplify how higher earners manage the tax charge on Child Benefit, a welcome change for many families, especially those...
Protect your cash flow by filing VAT returns on time. Avoid penalties, reduce stress, and keep your business finances on track. Paying and filing VAT on time isn’t just about following HMRC rules; it’s one of the best ways to protect your business’s cash flow and...
As we move into the year's final quarter, it’s time for the final update for the 2024/2025 tax year, covering October to December 2025. Whether you’re a limited company director, subcontractor, or self-employed, keeping on top of these dates will help you avoid...
HMRC has been writing to companies that it believes have incorrectly calculated corporation tax marginal relief on their company tax returns. If you receive one of these letters, do not ignore it. Even if you’re confident your tax return is correct, you must respond...
HMRC is sending out letters to security firms, urging them to check whether their operatives should be classed as employed for tax purposes. Find out what action you need to take before the 7 August 2025 deadline. A client of ours recently brought to our attention a...