Accounting

In Brighton, independent shops have never been just places to trade; they are the glue of the community, carriers of culture, and experiences found ‘only in Brighton’.

The UK has abandoned plans to make digital identity mandatory; China’s annual trade surplus has exceeded $1 trillion for the first time; and nearly 340,000 people have paid their Self Assessment tax bills via the HMRC app

According to changes announced by the Labour Party in the Autumn Budget, starting from 2029, salary sacrifice pension contributions exceeding £2,000 will begin to attract National Insurance, completely changing the structure of this benefit system.

HMRC hits 300,000 taxpayers with ‘trivial’ bills

Self Assessment customers can spread the cost of their tax bill with HMRC’s Time to Pay service; UK Plans New Council Tax Bands with Charges up to £7,500; New Crypto Tax Rules Introduced in the UK and 47 Other Countries

Facing the silent inflation on their bills, British Christmas shopping has long evolved into a survival strategy game blending data analysis, regional wisdom, and a touch of humour.

With the arrival of the Christmas season, many people may earn extra income through festive crafts, market stalls, or other seasonal side hustles. HMRC has launched a 'Help for Hustles' campaign to help individuals with side income clearly understand their tax responsibilities.

Boxing Day promotions in the UK are regaining momentum and are expected to generate £3.8 billion in sales for retailers; Uber and Lyft have announced plans to pilot Chinese autonomous taxis in the UK in 2026; UK Chancellor of the Exchequer Rachel Reeves has announced the date of the Spring Budget.

HMRC reports receiving more than 135,000 reports of tax-related fraud; the Bank of England cuts the interest rate to 3.75%; an overview of widespread rail closures and service adjustments in London during the Christmas and New Year period.

For e-commerce sellers, HMRC's audit actions can be particular random, particularly regarding VAT audits. Sometimes, due to misunderstandings or unintentional oversight, you might face an audit even if you have declared on time.

HMRC is seeking to recover taxes from 14,000 households amid a dispute over the “seven-year gift rule”; fares across the London Underground network are set to increase by 5.8% in 2026; and the UK economy unexpectedly contracted by 0.1% in October.

Today, we have summarised the six major red flags that are most likely to trigger an HMRC tax investigation for both business owners and individual taxpayers.

Today, TBA has grown into a leading British financial and tax enterprise and a one-stop cross-border compliance service provider. Its business covers European and American company registration, accounting and taxation, global VAT, European EPR, and GPSR compliance.

In the UK, whether you are employed or run your own company, PAYE (Pay As You Earn) is crucial and relevant to everyone. If you employ staff, you must register as an employer and comply with the PAYE rules described below.

‘Mansion tax’ will have limited impact on property market, UK house prices still rise; Number of flu patients in hospital beds rises by more than 50%; US and UK agree zero tariffs deal on pharmaceuticals for three years.

Recently, the UK's economic data has sounded the alarm once more. UK retail sales grew by only 1.6% in October 2025. According to the Office for National Statistics (ONS), the unemployment rate rose to 5.0% in the three months to the end of September.

On 26 November 2025, British Chancellor of the Exchequer Reeves announced the highly anticipated Autumn Budget. This Autumn Budget includes several tax measures aimed at businesses and individuals, covering areas such as venture capital, business rates, income tax thresholds, and high-value property taxes.

The UK plans to abolish the tax exemption for low-value parcels by March 2029; the income-tax threshold freeze is pushing millions into higher tax bands, increasing the burden on working households; and net migration has fallen sharply as work and study visa arrivals decline significantly.

We have summarised several effective tax planning methods to help small and medium-sized enterprises legally and efficiently reduce their corporation tax burden and improve financial performance.

From 1 February 2026, Companies House will officially increase the Annual Filing Fee for existing companies and the Incorporation Fee for new companies.