HMRC Digital Tax Compliance is at the centre of a new campaign for the 2024/25 Self Assessment season, aiming to reduce incorrect expense claims and improve reporting accuracy. Key Points at a Glance: HMRC is stepping up checks to stop taxpayers claiming personal…
From 18 November 2025, it will become a legal requirement for identity verification if you’re a director or Person with Significant Control (PSC) of a UK company. This is part of the Economic Crime and Corporate Transparency Act 2023, aimed at preventing the misuse of…
A non-dom is a UK resident whose permanent home—or domicile—for tax purposes is outside the UK. This is a tax status, separate from nationality, citizenship, or residency, though these factors can play a role. The non-dom rules only apply to non-UK income and…
HM Revenue and Customs (HMRC) are running a campaign to help people avoid being caught out by tax avoidance schemes. This is particularly relevant to those who are contractors, agency workers, or are working through an umbrella company. GET IN TOUCH WITH OUR WIMBLEDON…
Businesses that are sole traders, partners of trading partnerships, and members of LLPs who pay income tax on the profits of their businesses are subject to the new basis period method of taxation. For tax year 2024/25, business owners will be subject to a tax year…
With a fourth specialist team tasked solely with tackling IR35 enquiries, we are expected to see an increase in enquiries over the coming years. With this in mind, it is important for contractors to ensure they fully understand the legislation and are taking every…