News

September 24, 2026

Changes to Self Assessment reporting for directors

HMRC have clarified the position on Self Assessment tax return reporting requirements for directors of close companies and updated their guidance for directors of charities.

September 23, 2026

Update on UK VAT refunds for non-UK businesses

HMRC have updated guidance on UK VAT refunds for non-UK businesses in a VAT group. Revenue & Customs Brief 10 (2026) explains changes to how non-UK businesses in a VAT group should make future UK VAT refund claims and the transitional arrangements. It also explains how to ask HMRC to reconsider claims made since 1 January 2021 that have been refused.

March 19, 2025

Your voice could be your password

HM Revenue and Customs (HMRC) have plans to use a callers voice as their password in an effort to speed up phone calls.

March 17, 2025

Higher tax threshold for side hustles: What could it mean for you?

Last week, the tax minister responsible for HM Revenue and Customs (HMRC), James Murray, delivered a speech marking the 20th anniversary of HMRC. Previously, the UK’s tax authority was known as Inland Revenue.

March 13, 2025

New contract agreed for GPs

A new deal for GPs has been agreed between the government and the British Medical Association (BMA).

March 12, 2025

Plug-in van grant extended for another year

The Future of Roads Minister, Lillian Greenwood, has confirmed that the plug-in van grant will be extended for another year.

March 10, 2025

Spring Statement news: Public spending cuts likely

News reported last week said that the Chancellor has put together draft plans for spending cuts to welfare and other government departments.

March 6, 2025

Chancellor encourages investment in emerging markets

The Chancellor Rachel Reeves met recently with major financial firms at Canary Wharf, encouraging them to invest in emerging markets to boost Britain’s economy.

March 5, 2025

Pressure on chancellor despite government surplus

The latest figures show that the government had a surplus of £15.4 billion in January. This represents the difference between the tax it receives and what it spends.

March 4, 2025

Investment in sustainable packaging firm

Pulpex, a sustainable packaging company, has received £43.5 million from the National Wealth Fund in exchange for an equity share of the business. The Scottish National Investment Bank is also investing £10 million with a further £8.5 million coming from existing investors.