Paying the 2025-26 Child Benefit tax charge
Taxpayers who need to pay the High Income Child Benefit Charge (HICBC) for 2025-26 may be able to
New tax return requirements for company directors
Company directors who complete a self-assessment tax return should be aware of new mandatory
HMRC targets undeclared medical consultancy income
HMRC is writing to individuals it believes may have failed to declare consultancy income from
HMRC sending 1.8m Simple Assessment letters
Some taxpayers have already started to receive Simple Assessment letters from HMRC for the 2025-26
New self-assessment registration service launched
HMRC has launched an improved online service to make it easier for individuals to register for
Business expenses when costs have a private element
Self-employed people can deduct allowable business expenses when calculating their taxable profits.
Could simplified expenses save you time and money?
Self-employed people can choose to use simplified expenses to calculate certain business costs using
Received a P800 from HMRC?
HMRC is currently carrying out its annual reconciliation of PAYE for the 2025-26 tax year. Between
Evidence required to support business expense claims
Self-employed individuals can deduct allowable business expenses from their income when calculating
Is your business eligible to use cash basis accounting?
Cash basis accounting is a simplified method used by sole traders and other unincorporated