From January 2026 UK businesses facilitating cryptoasset exchanges must collect user and transaction data and report it to HMRC under the new cryptoasset reporting framework (CARF)
The first report, which will cover the period from 1 January to 31 December 2026, must be submitted to HMRC by 31 Ma...
Umbrella companies are often used by temporary or contract workers who are paid through them, rather than directly by recruitment agencies or end clients.
The new rules are designed to target tax avoidance practices sometimes used by non-compliant umbrella companies, such as paying workers partly...
HMRC has confirmed that companies will not have to comply with the requirements of Making Tax Digital (MTD) for corporation tax (CT) purposes.
No start date had been set for MTD for CT, under which companies would have been required to maintain digital records; send quarterly updates to HMRC; and...
In just over six months the first group of taxpayers will be required to join HMRC's Making Tax Digital for income tax (MTD IT) programme.
Some individuals may be able to avoid this by claiming an exemption.
Self-employed taxpayers and landlords with qualifying income of £50,000 or more on th...
Thousands of eligible pensioners will receive a Winter Fuel Payment this winter. Whether or not you can keep the money will depend on your taxable income.
If you were born before 22 September 1959 and you live in England, Wales or Northern Ireland you could get up to £300 to help with the cost of...