What happens if you cannot pay your tax bill?

September 2nd, 2025

If you cannot pay your tax bill, it’s crucial to contact HMRC as soon as possible. They may offer support through a Time to Pay arrangement, allowing you to repay your debt in instalments based on your financial situation. Ignoring the debt can lead to enforcement action, including visits to your home or business by […]

MTD for IT taxpayer exemption

September 2nd, 2025

From April 2026, the self-employed and landlords must use MTD for IT, but exemptions may apply in limited cases. If you are self-employed or a landlord with income over £50,000, you will need to prepare for digital record keeping, quarterly updates and a new penalty system. While most affected taxpayers will be required to comply, there are […]

Tax Diary September/October 2025

September 2nd, 2025

1 September 2025 – Due date for corporation tax due for the year ended 30 November 2024.   19 September 2025 – PAYE and NIC deductions due for month ended 5 September 2025. (If you pay your tax electronically the due date is 22 September 2025)   19 September 2025 – Filing deadline for the […]

The Autumn Budget 2025 – where we are today

September 2nd, 2025

There is no confirmed date for the Autumn Budget, although most commentary points to late October or early November. The Treasury has not announced a day, which helps explain why rumours are circulating. Market conditions have tightened since early summer, and borrowing costs remain elevated. That combination reduces fiscal headroom and increases the likelihood that […]

Watch out for Stamp Duty scams

August 28th, 2025

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, […]

Extra border checks scrapped, what it means for UK-EU trade

August 26th, 2025

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. […]

Why sharing your business problems is the fastest route to finding solutions

August 21st, 2025

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 […]