Business Confidence at 18-Month Low — HMRC Enforcement Intensifying
Business optimism has fallen to an 18-month low, with firms citing rising labour costs, tax uncertainty and weak demand as the three primary pressures. The CPA reports that HMRC is simultaneously intensifying enforcement activity — with some tax investigations now taking up to eight years to conclude, creating prolonged uncertainty for the businesses caught up […]
Making Tax Digital for Income Tax
Making Tax Digital for Income Tax – 6 April 2026 (2026/27) With the changes becoming mandatary next tax year it is essential that you understand if and how it impacts you. ‘Making Tax Digital for Income Tax’ or ‘MTD for IT’ for short. It is a new mandatory system for income tax reporting that will […]