October 22, 2026HMRC is beginning to issue tax calculation letters (P800) and Simple Assessment notices (PA302) to collect any tax owed on…- October 15, 2026Taxpayers who need to pay the High Income Child Benefit Charge (HICBC) for 2025-26 may be able to pay it…
- October 15, 2026Company directors who complete a self-assessment tax return should be aware of new mandatory reporting requirements that came into effect…
- October 8, 2026HMRC is writing to individuals it believes may have failed to declare consultancy income from private healthcare providers on their…
- September 24, 2026Some taxpayers have already started to receive Simple Assessment letters from HMRC for the 2025-26 tax year, with a further…
- September 17, 2026HMRC has launched an improved online service to make it easier for individuals to register for self-assessment. Anyone who needs…
- September 10, 2026Self-employed people can deduct allowable business expenses when calculating their taxable profits. However, where a cost has both a business…
September 10, 2026Self-employed people can choose to use simplified expenses to calculate certain business costs using flat rates rather than working out…- September 3, 2026HMRC is currently carrying out its annual reconciliation of PAYE for the 2025-26 tax year. Between June and November, HMRC…
August 27, 2026Self-employed individuals can deduct allowable business expenses from their income when calculating taxable profits. However, businesses must keep accurate records…
