by superadmin | Jun 10, 2026 | Tax
HMRC has been sending out what are known as ‘nudge’ letters and follow-up texts to taxpayers who may have needed to estimate some of their calculations for the 2024/25 tax return. It has identified taxpayers that it believes have included ‘round sum’ estimates in...
by superadmin | Jun 3, 2026 | Tax
Making Tax Digital (MTD) has finally arrived, having gone live on April 6, 2026, and it is going to change the way those affected must keep digital records, submit quarterly updates, and submit their final tax return through compatible software. If you are...
by superadmin | May 27, 2026 | Tax
Savers making the most of the rise in interest rates could get an unexpected tax bill if they breach the Personal Savings Allowance (PSA). The PSA was introduced in April 2016, and it allows basic rate taxpayers to earn up to £1,000 in interest on their savings per...
by superadmin | May 20, 2026 | Tax
Household bills have begun rising in April, with a raft of increases set to make it harder to make ends meet. Everything from council tax to water bills are rising at the start of the new tax year, and it is important to understand what is changing so you can deal...
by superadmin | May 6, 2026 | Tax
Many of us love to work to a deadline, but when it comes to maximising your tax allowances each tax year, it isn’t a great strategy to leave it until the last minute to mop them up. If you want to maximise allowances, you have up to 12 months to do so by starting as...
by superadmin | Apr 22, 2026 | Tax
Whistleblowers reporting serious tax avoidance or evasion may be eligible for financial rewards, following changes to how HMRC uses information provided to it. Under HMRC’s reward scheme, individuals who report tax evasion or avoidance may be eligible for a financial...
