HMRC sent over 65,000 warning letters to cryptocurrency investors over the last year due to a suspected underpayment of tax.
Pokémon cards and cryptocurrency: Understanding Capital Gains Tax when selling assets for a profit
Capital Gains Tax (CGT) receipts were up 17.6 per cent in July compared to July 2025, highlighting the growing importance of understanding the tax implications of asset sales.
HMRC is set to automatically sign up thousands of taxpayers to MTD after a slow uptake
The first quarterly filing deadline for MTD for Income Tax passed on 7 August, with 864,000 sole traders and landlords earning over £50,000 a year set to have signed up and completed the filing.
The dangers of using AI for tax advice
AI is something that we cannot escape, as it is built into nearly everything that people use on a day-to-day basis.
Late payments are crippling SMEs: How to mitigate the impact
It has been estimated by the Small Business Commissioner that late payments are causing 14,000 businesses to close each year. That is equivalent to 38 businesses a day!
Tax cuts on pubs: Burnham backing British businesses
Recent headlines have made it no secret that owning a pub, club or music venue is hard. With rising costs, it has been estimated that one in eight pubs is in severe financial distress.
The top tax-saving opportunities that are often missed by SMEs
Nobody wants to pay more tax than they need to. For SMEs, paying the right amount of tax has become more important than ever.
The financial benefits of hiring Gen Z
15 July marks World Youth Skills Day, which is a day to celebrate the importance of equipping young people with the skills they need for employment and entrepreneurship.
HMRC launches consultation for mandatory Direct Debit VAT and PAYE payments
HMRC is currently consulting on proposals that could make Direct Debit the mandatory payment method for VAT and PAYE liabilities – a move that would affect millions of UK businesses.
Making Tax Digital off to a slow start
With the upcoming 7 August deadline, HMRC reports that it is still waiting for over half of those affected by Making Tax Digital (MTD) to register, let alone file their returns by the deadline. Continue reading