by Gary Woosey | May 6, 2025 | Blog
HM Revenue & Customs (HMRC) has recently temporarily suspended telephone and webchat services for Self-Assessment repayment requests. This change is a response to a rise in suspected fraudulent activity targeting its systems. While it may cause inconvenience,...
by Gary Woosey | Apr 29, 2025 | Blog
Right to work checks form an important part of business risk management, particularly now that the Government has increased the financial penalties for non-compliance. From 2024, employers who fail to carry out correct checks face fines of up to £45,000 per worker for...
by Gary Woosey | Apr 22, 2025 | Blog, Tax, VAT
Across the major taxes, HM Revenue & Customs (HMRC) issues penalties when tax is not filed or paid on time. The specific rules vary by tax type, but late submission or payment will cost you. Let’s look at what has changed, particularly under Making Tax Digital...
by Gary Woosey | Apr 15, 2025 | Blog
The Autumn Budget announced significant changes to reduce Agricultural Property Relief (APR) and Business Property Relief (BPR) under Inheritance Tax (IHT). Effective from April 2026, the new rules abolish the unlimited 100 per cent tax relief on agricultural and...
by Gary Woosey | Apr 8, 2025 | Blog
As global stock markets reel in response to US President Donald Trump’s sweeping new tariffs, many UK businesses may assume this is a crisis confined to Wall Street or the multinational giants. However, Monday’s sharp market downturn has shown that these developments...
