Get a quote
Clampdown on crypto ramps up as HMRC sends 64,982 tax warning letters about capital gains tax (CGT) liability to investors
Read MoreSole traders and landlords earning more than £50,000 from their self-employment and property must send their first Making Tax Digital for Income Tax quarterly update by 7 August 2026
Read MoreCompanies and individuals that are careless or even illegal in their tax affairs need to watch out. New figures show that HMRC has paid out £1.4 million in rewards to whistleblowers of tax illegality.
Read MoreBusinesses investing in commercial property could benefit from a welcome reduction in VAT administration from 29 July 2026, when changes to the Capital Goods Scheme (CGS) take effect.
Read MoreBusinesses involved with vaping products will receive correspondence from HM Revenue and Customs (HMRC) imminently, reminding them to apply for Vaping Products Duty (VPD) and the Vaping Duty Stamps (VDS) Scheme which start on 1 October 2026.
Read MoreSignificant reforms to small business finance have been announced by the government.
Read MoreLondoners pay nearly 12% more in income tax in a single year hitting record £71.5bn, HMRC figures show, with Scottish capital Edinburgh in second spot at £2.97bn
Read MoreThe Supreme Court has put companies with Limited Liability Partnership (LLP) structures on notice that their business arrangements must comply with strict tax legislation.
Read MoreThe government has introduced GOV.UK Chat, an Artificial Intelligence (AI) chatbot designed to help users find information more quickly. It allows people to ask questions in plain language and receive instant answers based on official GOV.UK guidance.
Read MoreThe probate fee will increase from £300 to £526 from 13 July with the government claiming the 75% rise ‘accounts for rising inflation as well as investment in delivering an efficient and modern service’.
Read MoreMaking Tax Digital (MTD) for Income Tax is now live. Most self-employed individuals and landlords who had turnover above £50,000 in 2024/25 were mandated into the regime from 6 April 2026.
Read MoreKeeping on top of HMRC deadlines is an essential part of running a successful business. From VAT returns and PAYE submissions to Corporation Tax and self-assessment obligations, missing key reporting dates can result in unnecessary penalties and interest charges.
Read MoreHMRC's 'Don't get caught out' campaign encourages contractors working through umbrella companies to take a closer look at their circumstances and watch out for tax avoidance.
Read MoreAnalysis of the latest HMRC tax receipts showed employer national insurance contributions (NICs) hit £11.3bn in May, up £848m on the same month last year when the total was £10.66bn, marking an 8% rise in immediate tax costs for business.
Read MoreHMRC has confirmed mandatory real-time reporting of income tax and Class 1A National Insurance contributions (NICs) for certain benefits in kind (BiKs) and taxable expenses will now be phased in from 6 April 2027, rather than rolled out in a single start date as originally planned.
Read MoreCompanies House will introduce changes to accounts filing due to governmental reforms under the Economic Crime and Corporate Transparency Act 2023 (ECCT Act 2023).
Read MoreAction targets organised crime groups and others exploiting vape shops, barbers and convenience stores in hotspot areas
Read MoreOnly 336,000 of the first wave of Making Tax Digital (MTD) for Income Tax taxpayers have signed up for the new system as the 7 August deadline for quarterly filing looms,
Read MoreArtificial Intelligence (AI) continues to make headlines. Anthropic, the company behind chatbot Claude, has filed paperwork in the US to go public. At its last valuation, the company was worth £717 billion.
Read MoreCompanies House and the Intellectual Property Office (IPO) are asking businesses to take special care of misleading requests for payment sent by fraudulent organisations.
Read MoreBrearley & Co Accountants are pleased to offer a free, no obligation, initial consultation with one of our experts who will be happy to discuss your business needs and how we can help you.
Contact