The tax gap is the difference between the amount of tax that should, in theory, be paid to HMRC, and what is actually paid.

Just over 200 businesses have failed to pay the minimum wage and will have to repay workers and face penalties of up to £7 million.

HMRC is offering taxpayers named in the leaked The October 2021 Pandora Papers a chance to correct their tax affairs.

The normal time limit to fill gaps in a national insurance (NI) record is six years, but arrangements allow gaps to be filled back to 06/07.

The government has announced a new initiative to counter fraudulent activity, particularly in the financial sector. 

With continuing high electricity prices, now could be a very good time to install solar panels at your property.

Frozen inheritance tax (IHT) nil rate band and considerably higher property values has pushed more estates into the IHT net

PAYE taxpayers are generally exempt from completing a self-assessment tax return but the exemption bracket has risen to £150,000.

The energy price cap by regulator, Ofgem, will fall from £3,280 to £2,074 this reduction will help home-based employees and small businesses.

Business owners could seek to earn interest on directors’ loans with little-to-no tax implications, although you’ll have to be patient.

If you are self-employed, until 2023/24, you have normally been taxed on the profits made in the accounting year that ends in the tax year

A recent investigation into Child Trust Funds (CTFs) has revealed that, disturbingly, nearly £400 million in matured CTFs remain unclaimed.