From autumn 2025, Companies House is bringing in a new requirement: people involved in running UK companies will need to verify their identity. It’s all part of a wider plan to make company ownership more transparent and to reduce fraud…
When it comes to running a limited company—especially as a contractor or freelancer—it’s not just salaries that matter. The perks you (or your employees) receive on top of your regular pay can have tax implications, and that’s where Benefits in Kind and the P11D form come in…
Today’s Spring Statement didn’t bring any major tax changes, but it did offer an update on the UK’s finances, benefits system, and what might lie ahead. Here’s a breakdown of the main points…
Making Tax Digital for Income Tax (MTD for ITSA) is set to change the way self-employed individuals and landlords report their income to HMRC. To help you get to grips with what this means for you, we’ve answered some of the most common questions about MTD for Income Tax below…
Making Tax Digital for Income Tax (MTD IT) is a UK government initiative aimed at modernising the tax system by transitioning away from traditional once a year self-assessment system. Instead, individuals will use compatible software to record their income and expenses digitally and submit updates to HM Revenue & Customs (HMRC) more frequently. The goal…
