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...
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 | Dec 10, 2024 | Blog, HMRC, Scams, Tax
We are getting ever closer to 31 January 2025 and the Self-Assessment tax return deadline, so businesses and individuals are being urged to stay vigilant against a surge in tax-related scams. HM Revenue and Customs (HMRC) has reported a rise in fraudulent activity...
by Gary Woosey | Oct 30, 2024 | Tax
A new Government, a new Chancellor and a new approach to the UK’s fiscal policies. Rachel Reeves entered her first Budget with a strong message that her measures would lead to “an economy that is growing, creating wealth and opportunity for all”. To...
