13-11-2025
Enforcement of the minimum wage

The Department for Business & Trade has recently published a report that outlines the government's enforcement of the National Minimum Wage (NMW) and National Living Wage (NLW) for the 2024–25 ... read more

13-11-2025
HMRC contacting sole traders

HMRC is currently contacting certain sole traders by email to reiterate the importance of adjusting business expenses for personal use.The email explains:why personal use must be adjusted on your ... read more

13-11-2025
Check when you can expect a reply from HMRC

HMRC offers a helpful online tool that allows agents and taxpayers to check when they can expect a response to a query or request that they have made. The online tool is updated weekly with the latest ... read more

13-11-2025
Set up your tax app with HMRC

The free HMRC tax app now provides quick access to tax codes, income history, self-assessment details, National Insurance records and even payment options, all from your phone. HMRC’s free tax app is ... read more

13-11-2025
Paying tax arrears using HMRC payment plans

If you are unable to pay your tax bill, it's important to reach out to HMRC as soon as possible. HMRC may offer a Time to Pay arrangement, allowing you to settle the debt in manageable instalments ... read more

13-11-2025
Penalty points for late filing of VAT returns

Many businesses are still unaware that the VAT late filing and late payment rules now operate on a points-based system, where repeated delays can quickly lead to a £200 penalty and added ... read more

10-11-2025
Directors liability for company debts

A limited company is a separate legal entity. In normal circumstances, its debts belong to the company, not to the directors. This is one of the central advantages of incorporation. However, the ... read more

10-11-2025
How many businesses are there in the UK?

Current estimates suggest that there are around 5.6 million businesses operating in the UK. This figure comes from the Department for Business and Trade and the Office for National Statistics. What ... read more

07-11-2025
Tax Diary December 2025/January 2026

1 December 2025 - Due date for Corporation Tax payable for the year ended 28 February 2025. 19 December 2025 - PAYE and NIC deductions due for month ended 5 December 2025. (If you pay your tax ... read more

06-11-2025
Tell HMRC about unpaid tax on cryptoassets

Where cryptoasset tokens (also known as cryptocurrency) are held personally, this investment is usually undertaken in the hope of making a capital appreciation in its value or to make particular ... read more