As winter approaches, heating, electricity and food expenses are expected to climb even higher, potentially pushing more households into debt crises. At the same time, HMRC has announced the restart of its Direct Recovery of Debts (DRD) scheme, which allows the tax authority to deduct unpaid taxes directly from individuals’ bank accounts.

Recent UK tax compliance data has sounded the alarm once again: in the past three years, nearly half a million small and medium-sized enterprises (SMEs) repeatedly missed tax deadlines, with as many as 19% admitting they delayed tax payments more than five times in just the past 12 months. A combination of complex tax rules and cash flow pressures is dragging UK SMEs compliance levels down.

HMRC to resume taking tax owed by debtors directly from their bank accounts; The government has announced plans to introduce a digital ID system across the UK; Starmer denies putting seven-acre field in trust to avoid inheritance tax

HMRC raises small business ‘phoenixing’ tax loss to £836mn！150,000 people join 'Unite the Kingdom' march in London! UK economy saw zero growth in July

With remote and hybrid working now a widespread trend, tax issues for homeworking employees are increasingly in focus. HMRC has recently clarified that anyone incorrectly claiming tax relief for working from home when they are not eligible could face a substantial repayment bill.

According to HMRC’s latest annual report, a record 46,266 tax penalties were cancelled in the past year. These penalties were originally issued for late filing, but in many cases the taxpayers involved did not actually owe any tax. Automatic late filing penalties can be appealed In the UK, if you miss the filing deadline for Self Assessment or VAT returns, both individuals and businesses are automatically issued with a penalty notice.

Against the backdrop of high taxes and rising living costs in the UK, many people choose to build up their wealth through savings interest or investment products. What some may not realise, however, is that while savings capital itself is not taxed, the interest earned on savings is subject to taxation – this is known as the tax on savings interest. In recent years, the tax burden on British savers has grown heavier.

Reeves considering new property tax on houses worth more than £500,000; Rail fares in England on path to rise by 5.8% next year on back of inflation data; Record 111,000 UK asylum applications in past year

Rachel Reeves needs to put up taxes to cover £40bn deficit; HMRC could claw back VAT from private school advance fee schemes; Interest rate cut to lowest level in more than two years

HMRC's urgent warning to seven million UK households over tax rates; U-turn in UK Welfare Reform: Planned Fiscal Savings May Evaporate; The EU is considering imposing high tariffs on Chinese electric vehicles.

HMRC to reduce taxpayer letters in £50m cost-cutting plan; UK considers taxing pensioners to claw back winter fuel payment; Energy bills could be cut by up to 25% for thousands of UK businesses.

100,000 HMRC accounts hit as scammers steal £47m in phishing attack; Winter fuel payments to be reinstated this year; First-time buyers typically borrowing for 31 years

Since UK company registration requires a real, compliant UK address, this has become a major headache for some business owners.We’ll discuss what to do if your UK company’s registered address is disputed or deemed non-compliant—and how overseas business owners can still register a UK company without a physical address in the country.

Tax rise warning after higher-than-expected UK borrowing. Trump threatens 50% tariffs on EU and 25% on iPhones. HMRC issues 'minimum tax bill' of nearly £100,000 UK homes.

HMRC halts phone and webchat self-assessment refunds. Super-rich flee London: the loss of millionaires second only to Moscow. HMRC halts phone and webchat self-assessment refunds.

Rachel Reeves may have to raise UK taxes in October. HMRC announces three new tax rules with millions of UK households warned.