How is HMRC approaching the tax gap in 2026?

How is HMRC approaching the tax gap in 2026?

By now, you may have already begun trying to make your New Year’s resolutions stick, although some may have already been abandoned. For HMRC, a consistent resolution is to tackle the tax gap that contributes to the challenges in raising public finance. It is worth...
If my business shrinks, should I deregister for VAT?

If my business shrinks, should I deregister for VAT?

While we would like to be in a position where every business is on the fast track to growth, there are times when things need to be pared down somewhat. Whether a decline in revenue or a restructuring has resulted in your business contracting, you might be looking to...