If you are buying a property that needs work, HMRC has just issued a major heads up, following a recent Court of Appeal ruling in the Mudan & Anor case against HMRC. Basically, even if a home is in bits, as long as it is still fundamentally a dwelling, maybe it needs a new boiler, […]
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The UK government has just announced a pragmatic pause on its planned extra border checks for live animal imports from the EU, as well as certain animal and plant goods arriving from Ireland, while negotiations continue on a full Sanitary and Phytosanitary (SPS) agreement with the EU. This move is all about easing trade friction. […]
Many business owners keep problems to themselves. You may not want to cause concern, appear as if you have lost control, or damage confidence. Yet, the longer an issue remains unspoken, the more likely it is to grow into something more difficult and costly to resolve. When owners share challenges early, the speed and quality […]
Late payments are one of the most persistent problems facing small businesses in the UK. They damage cash flow, disrupt planning, and in some cases, force otherwise viable companies to close their doors. The government has now announced what it describes as the toughest crackdown on late payments in a generation, with new rules and […]
Companies House has confirmed a major change that affects every UK company director and person with significant control (PSC). From 18 November 2025, it will be a legal requirement to verify your identity before you can file your company’s confirmation statement. This is part of wider reforms under the Economic Crime and Corporate Transparency Act […]
A new analysis from the National Institute of Economic and Social Research (NIESR) has put fresh pressure on Chancellor Rachel Reeves ahead of the upcoming autumn Budget. NIESR is one of the UK’s oldest and most respected independent economic think tanks, established in 1938. Known for its impartial and evidence-based work, it frequently advises government […]
If your Self-Assessment required payments on account, the second instalment fell due on 31 July 2025. If it was not paid, HMRC charges late payment interest from 1 August until the amount is cleared. A late payment penalty can also arise if the tax remains unpaid 30 days after the deadline, with further penalties at […]
1 August 2025 – Due date for corporation tax due for the year ended 31 October 2024. 19 August 2025 – PAYE and NIC deductions due for month ended 5 August 2025 (If you pay your tax electronically the due date is 22 August 2025) 19 August 2025 – Filing deadline for the CIS300 monthly […]
Shared home ownership offers a more accessible route to owning a home for those who cannot afford the full deposit or mortgage on a property that suits their needs. Under this scheme, buyers purchase a share of a property, typically between 10% and 75% of its market value and pay rent on the remaining portion […]
Making Tax Digital for Income Tax will become mandatory in phases from April 2026. If you are self-employed or a landlord earning over £50,000 you need to start preparing to submit quarterly updates, keeping digital records and a new penalty system will apply. Initially, MTD for IT will apply to businesses, self-employed individuals, and landlords […]