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Compliance Check
The purpose of a compliance check is to confirm that you have correctly declared and paid the required amount of tax, and are compliant with current regulations. Compliance checks are handled differently depending on whether you are an individual or operating a business. Many checks are routine, but some may be initiated if HMRC requires additional supporting evidence (for example, a recently submitted tax return with a large tax refund amount).
The Enterprise Management Incentive Scheme Is Now Live
In its Autumn 2025 Budget, the government announced a series of important reforms to the Enterprise Management Incentive (EMI) scheme.
TBA
3 days ago5 min read
Relief Limits for Business Property Increased - But Beware the Inheritance Tax 'Trap'
Back in December 2025, the government announced an increase in the inheritance tax tax-free allowance for Business Property Relief (BPR) from the original £1 million to £250,000.
TBA
Apr 15 min read
UK Sick Pay Takes Effect Immediately! Oil Price Surge Threatens Inflation Drop! 60-Day Payment Cap for Big Companies!
Statutory sick pay will be paid from the first day; February inflation remained steady at 3%; the UK plans to introduce a 60-day payment cap for large companies starting in 2027.
TBA
Mar 305 min read
Why are Britain's billionaires often missing from the tax list?
Why is it that while the UK has 156 billionaires, only 100 people paid more than £11 million in tax? Why are some individuals with a net worth exceeding £10 billion completely absent from the list?
TBA
Mar 255 min read
What Should You Do If HMRC Conducts a Surprise Audit?
Whether engaging in commercial trade or simply working and living in the UK, you may encounter an audit by HM Revenue and Customs (HMRC), as tax inspections are often conducted routinely.
TBA
Mar 126 min read
Supermarket Loses Rotisserie Chicken VAT Case and Faces £17 Million Tax Clawback
Recently, the British supermarket giant Morrisons lost a high-profile value added tax (VAT) dispute. What exactly was the point of contention regarding VAT in this case, and how was the judgement reached?
TBA
Mar 55 min read
New Tax Incentives for UK Companies Now in Effect!
A new First Year Allowance policy in the UK officially came into effect on 1 January 2026—offering a permanent 40% First Year Allowance (FYA) on qualifying plant and machinery for UK companies.
TBA
Feb 113 min read
2026 UK Corporate Compliance Calendar
To help business owners plan more effectively for 2026, we have compiled the 2026 UK Corporate Compliance Calendar which includes a list of key dates for the year.
TBA
Jan 305 min read
Over 300,000 Hit With “Trivial” Tax Demands! Pension Rule Changes Spark Savings Fears as Energy Bills Rise This Winter
HMRC hits 300,000 taxpayers with ‘trivial’ bills
TBA
Jan 125 min read
UK IPO Announces 25% Price Hike From 2026 – Patent, Trademark, and Design Application Costs to Rise
The UK Intellectual Property Office (IPO) has announced that it will increase relevant fees for patents, trademarks, and designs from 1 April 2026.
TBA
Jan 72 min read
Making Christmas Crafts, Running Stalls, or Taking Side Jobs? Any Income Over £1,000 Must Be Declared!
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.
TBA
Dec 31, 20254 min read
UK Boxing Day Sees £3.8 Billion Spending Surge! Self-Driving Taxi “Apollo Go” to Launch in the UK! Spring Budget Date Announced
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.
TBA
Dec 29, 20255 min read
Beware of UK Tax Refund Scams! Overview of London Rail Service Changes During Christmas and New Year; Interest Rate Cut to 3.75% to Boost the Economy
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.
TBA
Dec 22, 20255 min read
Christmas is Here – When Are Employee Gifts Taxable? Can Companies Save Money on Parties?
To help everyone enjoy the festive season with peace of mind, today we will quickly go through the key points regarding employee benefits during Christmas, allowing you to convey your festive greetings while avoiding unnecessary tax troubles.
TBA
Dec 19, 20255 min read
What to Do If You Receive an HMRC Tax Audit Letter – Three Common VAT Mistakes
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.
TBA
Dec 17, 20255 min read
Six Common Mistakes That Could Trigger Investigations by HMRC – How Can You Avoid Them?
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.
TBA
Dec 12, 20254 min read
From the UK to the World, Building a Cross-Border Tax Ecosystem
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.
TBA
Dec 10, 20254 min read
Do You Need to Register for PAYE When Paying Yourself? A Guide to the UK PAYE Payroll System
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.
TBA
Dec 10, 20254 min read
Personal Tax Threshold Freeze, Corporate Tax Cuts, New Property Policies... Our Take on the Autumn Budget
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.
TBA
Dec 1, 20255 min read
Corporation Tax Revenue Hits Record High – Eight Practical Planning Strategies to Reduce Your Tax Burden
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.
TBA
Nov 28, 20254 min read
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