If you have received a P800 tax calculation from HMRC, it is worth reviewing it carefully. In some cases, HMRC’s calculations do not allocate tax allowances in the most tax-efficient…
Read More
There’s no doubt that landlords have faced a series of tax increases in recent years. Many so-called “property experts” argue that the most effective tax-saving strategy is to hold properties…
HMRC has published a guide to penalties for those joining MTD for income tax in 2026 and 2027. It should be noted that at the time of writing there is an…
HMRC has updated its Compliance Handbook guidance on “information notices” (changes made on 18 March 2026). Put simply, the update is meant to make sure HMRC only asks for what…
HMRC has issued a further round of “nudge” letters targeting individuals it believes may have undeclared offshore income or gains. The letters form part of HMRC’s ongoing use of data…
HMRC has published guidance on how penalties will apply under Making Tax Digital for Income Tax (MTD IT). With mandation approaching from April 2026, what do you need to know…
