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Businesses ‘overpaid £11.5bn’ in corporation tax

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Businesses claimed back £11.5 billion in overpaid corporation tax from HMRC last year, as Covid losses hit, according to one estimate. That meant the...

Chancellor plans to slash corporation tax to prove Britain is “open for business”

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In a bid to encourage companies to continue to invest in the UK following the EU referendum, Chancellor George Osborne has announced plans to...

UK tax gap increases to £59.2 billion with small businesses accounting for two thirds

Dan Martin - 0
The UK's estimated tax gap, the difference between the tax expected to be paid and what was actually paid, was 6.4% for the 2024-2025...

HMRC increases take from tax investigations into small businesses

Dan Martin - 0
The amount collected by HMRC from tax investigations into small businesses and individuals has increased by 23% over the last year. The average is...

A guide to regulations small businesses need to know in 2026, including Employment Rights Act and Making Tax Digital

Dan Martin - 0
There are several rules and regulations small business owners need to be aware of 2026. Read our regularly updated guide. 1 February 2026: Increases to...

HMRC chasing £27 billion of overdue tax payments

Dan Martin - 0
Overdue payments of corporation tax, VAT and PAYE to HM Revenue & Customs (HMRC) reached £27.1 billion in the third quarter of 2025, a...

R&D tax relief claims falling by a third spark fears SMEs are being discouraged from innovation

Dan Martin - 0
Claims for research and development (R&D) tax credits by SMEs decreased by almost a third in 2023-24, official figures show.  The data from HM Revenue...

Small businesses evading tax leave HMRC billions out of pocket

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The UK is losing billions of pounds a year in revenue due to tax evasion among small businesses, which can easily exploit weaknesses in...

Self-employed? What you need to know for the new tax year

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By Joanne Thorne, Technical Compliance Manager at SJD Accountancy It’s absolutely vital that the self-employed are aware of the ways in which they can be...

Making Tax Digital and the digitisation of tax in the UK

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Written by the experts at Sage If you are a self-employed individual, someone with property rental income, or registered for VAT, chances are that you...
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