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What online sellers must record and report. Online selling can scale quickly. That’s good for revenue, but it puts pressure on records, VAT decisions and how you report to HMRC. It also changes how your transactions “look” on paper. Instead of one sales ledger and one...
Vulnerable taxpayers face growing risks as the continued freeze on the personal allowance is expected to push around 780,000 low-income earners into the tax system by 2029/30. Many will be people earning only slightly above the minimum wage, often working zero-hours...
The Spring Forecast 2026 centres on the Office for Budget Responsibility’s (OBR) updated Economic and Fiscal Outlook, and the Chancellor’s speech. Unlike a full fiscal event, this publication does not introduce a wide-ranging package of new tax measures. Instead, it...
Paying yourself this year. Paying yourself from your business sounds simple until you start weighing up salary, dividends and pensions, and how each one affects your take-home pay. The “best” answer also shifts depending on profits, cashflow and what else is going on...
What directors need to do. Companies House has started rolling out mandatory identity checks for directors and people with significant control (PSCs). These checks form part of a wider programme of Companies House reform under the Economic Crime and Corporate...
EV discounts strain market growth The UK new car market reached a significant milestone in 2025, with registrations exceeding two million for the first time since the pandemic began. A total of 2,020,373 new cars were registered, marking the third consecutive year of...
What sole traders and landlords must do before April 2026. Making Tax Digital for income tax (MTD IT) will become mandatory for many sole traders and landlords from 6 April 2026. It will change how you keep records and report income, and it will affect the way you...
What you need to know about compliance. Preparing for an audit is rarely anyone’s favourite task, but it is part of running a resilient business. HMRC is under pressure to close the tax gap, completing around 316,000 compliance checks in 2024/25 and continues to...
HMRC will stop sending most paper letters from spring as it accelerates its shift to digital communication. Email alerts will replace automatic postal letters, directing taxpayers to view new documents in their personal tax account or the HMRC app. The change is part...
Practical steps to stay in control Borrowing can fund growth, smooth seasonality and bridge large orders. Problems start when visibility slips, costs jump or deadlines are missed. The goal is simple: know your obligations, keep headroom and act early. This guide sets...