Month: August 2025
Fom 18 November 2025, whenever Confirmation Statements are submitted to Companies House, each director referred to will need to provide a ‘Magic Number’ . Without that number the...
Making Tax Digital
Written by Tony Shackleford on .
Making Tax Digital for Income Tax (MTD) commences in April 2026. This impacts on indivduals who have property rental income (gross) and sales income from self-employment of £50,000 or more per tax...
HMRC Target Companies For Corporation Tax Errors
Written by Tony Shackleford on .
HMRC have announced that they are undertaking a campaign to target companies which have understated their corporation tax liabilities as a result of miscaclulating the number of associated...
Associated companies, Corporation tax, Corporation tax and associated companies
HMRC investigations Into Wealthy Individuals
Written by Tony Shackleford on .
There has been a significant increase in the number of tax enquiries into wealthy individuals, partially as a result of HMRC investing £100m into this area.
HMRC will obtain information from...
Divorce and tax, HMRC Enquiries, Wealthy individual Tax Enquiries