Multiple agents for MTD ITSA will be permitted

One-person companies and the employment allowance

The NI employment allowance has increased from £5,000 to £10,500. The bad news is that companies with only one person who’s also a director on their payroll aren’t entitled to it. How can they qualify with just one simple low-cost step?

Permanent increase to penalty interest rates

The new tax year saw a change to the way interest on late paid taxes is calculated. What’s changed and what are the new charges?

HMRC pauses some refund claims for agents

Due to security concerns, HMRC has warned that it will not process refund claims made by authorised agents. What’s going on and what alternatives are available?

New CGT reporting tool

Self-assessment returns aren’t set up for the change in capital gains tax (CGT) rates on the government filing system and will require a manual adjustment for 2024/25 to ensure the correct amount is paid. Why is there a problem and can a new online tool help?

Hidden MTD news in Spring Statement documents

Chancellor Rachel Reeves kept her pledge that there would be no more tax rises at the Spring Statement, but there are some important Making Tax Digital developments hidden away in the tax related documents. What do you need to know?

HMRC MTD ITSA webinar - worth a look?

Making Tax Digital will be mandatory for some traders and landlords next year. Ahead of this, the government is ramping up its guidance to help you get ready. What is the latest offering?

Relaxation of self-assessment threshold

HMRC has promised a change to the threshold at which self-employed taxpayers need to complete a tax return. What do we know so far?

HMRC’s official rate of interest set to increase

HMRC’s official rate of interest will increase from 6 April 2025. What does it apply to, what is the new rate and what else is changing?

HMRC and Companies House to scrap free filing services

From April 2026 companies won’t be able to file their tax returns and accounts using the HMRC and Companies House free-to-use service. What steps should companies take ahead of the deadline?