Rumours were flying this week that HMRC announced a 22 per cent tax on your ISA if you are holding uninvested cash. This has since been described by the treasury as ‘nonsense’.
The tax implications of a summer side hustle
With summer coming soon, many people are looking for ways to earn some extra cash.
Who can I trust for tax advice? Tax advisers and their new guidelines
There are two things that are certain in this life: death and taxes. So why is it that you hear different tax advice from influencers, accountants and your mates down the pub? That would be because some people give tax advice when they are not actual experts.
An AI tax in the UK: Revenue raiser or competition risk?
A new headline finding from YouGov this month has found that 47 per cent of Britons would support a tax on work done by AI – with only 20 per cent opposed to such a tax.
Annual Tax on Enveloped Dwellings (ATED): Do you know if you need to file?
The Annual Tax on Enveloped Dwellings (ATED) is one of those compliance obligations that can catch property owners off guard.
Too good to be true? HMRC issues warning on risky landlord tax schemes
HMRC has issued a firm warning to landlords to steer clear of hybrid business model schemes.
Are you exempt from Making Tax Digital for Income Tax? HMRC clears up the confusion
Making Tax Digital (MTD) for Income Tax is in full swing, but there is still confusion in the air over who is exempt from these requirements.
91 per cent of SMEs are unaware of HMRC’s new e-invoicing requirements
From 1 April 2029, all VAT-registered businesses will need to change the way that invoices are handled.
Do you know how to manage the increased director’s loan tax charge?
We are officially a few days into the 2026/27 tax year and directors need to be positive on how the latest reforms affect them.
Only 57 per cent of UK SMEs rely on accountants – Could the rest be holding their business back?
Running your business can feel like a constant juggling act of trying to manage rising costs and staying on top of compliance.