by Gary Woosey | May 26, 2026 | Blog, Tax
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 registered for Making Tax Digital (MTD) for Income Tax. Speaking at Accountex London 2026, HMRC is...
by Gary Woosey | May 12, 2026 | Blog, Tax
HMRC has obtained new data from PensionBee and it has revealed a worrying trend about self-employed workers’ tax returns. The pension company found that those on lower incomes are twice as likely to miss the Self-Assessment filing deadline compared to higher earners....
by Gary Woosey | Apr 28, 2026 | Blog, Tax
If businesses feel as though they are paying more tax than ever, there is a reason for that. HMRC have revealed the amount of tax collected in the 2025/2026 – an eyewatering £938.8 billion. With this tax year likely to see the collected revenue cross £1 trillion,...
by Gary Woosey | Apr 21, 2026 | Blog, Tax
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 them to the need to file their next Self Assessment tax return. Whether you received this message or not, you may be wondering whether HMRC...
by Gary Woosey | Apr 14, 2026 | Blog, Tax
The new tax year has recently begun and it is a time when businesses and individuals will need to review their position to ensure that they are not caught out by shifting rules and fiscal drag. It is also the time to look back on how taxes were handled in the previous...
by Gary Woosey | Jan 27, 2026 | Blog, HMRC, SME, SMEs, Tax
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 6 April 2026. However, some landlords, self-employed individuals or sole traders may still wondering whether the rules apply to...
