HMRC’s newly launched online service means that taxpayers can pay a high income child benefit charge (HICBC) in real time. It should reduce the number of individuals who have to register for self assessment only…
One Week On: The Autumn 2025 Budget – A Balancing Act?
This year’s Budget risked becoming the winter budget, arriving as late as possible on 26 November after a long, rumour-filled run in. The Chancellor’s first Budget last autumn, on 30 October 2024, came following the…
Making Tax Digital – Exemptions
In less than six months, Making Tax Digital (MTD) will become mandatory for sole traders and landlords with an annual income of more than £50,000. However, some may be able to avoid the requirements. HMRC…