From 1 January 2023, HMRC has introduced a new penalty regime for VAT returns that are submitted late and it applies to all VAT returns, even if it is a nil return or a return that claims a repayment from HMRC.
14th March 2023
Have you checked your National Insurance Contributions record recently? Until 31 July 2023, the option exists to top up any missing or incomplete National Insurance Contributions all the way back to tax year 2006/07.
10th March 2023
The British Chambers of Commerce (BCC) has urged Chancellor Jeremy Hunt to use the upcoming Spring Budget to help ease cost pressures on small businesses.
24th February 2023
Chancellor Jeremy Hunt is expected to announce the latest outlook for the economy and public finances.
16th February 2023
HMRC has reminded families that they can save up to £2,000 per year on their childcare costs using the Tax-Free Childcare (TFC) scheme.
6th February 2023
In a recent speech, Chancellor Jeremy Hunt ruled out tax cuts in favour of introducing inflation-busting measures in the upcoming Spring Budget.
30th January 2023
Enterprise Investment Schemes (EIS) and Seed Enterprise Investment Schemes (SEIS) have become popular in recent times; both for business owners and entrepreneurs looking to raise finance, as well as being attractive propositions for investors looking for tax advantageous investments.
24th January 2023
In a written statement, the Treasury has announced that Making Tax Digital for income tax self assessment (MTD for ITSA) will be delayed for two more years until April 2026.
20th December 2022
The UK economy rebounded to grow by 0.5% during October, according to the latest data from the Office for National Statistics (ONS).
12th December 2022
There is evidence that 'rocket and feather' fuel pricing happened in 2022, according to a report published by the Competition and Markets Authority (CMA).
8th December 2022
15th April 2026
1st April 2026
2nd January 2026
29th December 2025