HM Revenue & Customs (HMRC) has urged taxpayers to be alert to scams as the Self-Assessment season picks up. As many people are filing their tax returns around this time of year, fraudsters can try to take advantage of this by attempting to contact taxpayers asking them to disclose personal information about their tax...
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. New HMRC scheme targets excessive R&D tax claims Voluntary disclosure can mitigate penalties for excessive research & development claims. Click here for more details. More than 90,000 Self Assessment tax returns filed over Christmas HMRC urges those who have yet...
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. HMRC issues guidance on foreign tax relief claims Taxpayers urged to check double tax agreements. Click here for more details. Number of UK businesses using tax havens halves Fewer companies avoid UK tax through offshore schemes. To find out...
As this year draws to a close, many employers will be looking for ways to reward their teams’ hard work. But how can you do that in a tax-efficient way that benefits both you and your employees? Here Pearson May partner Matthew Rutter takes a look at the main tax considerations to bear in...
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. HMRC clarifies BiK reporting requirements New benefits-in-kind payroll rules starting April 2026. Click here for more details. 17% rise in scams targeting taxpayers HMRC urges vigilance against phishing ahead of deadline. To find out more, click here
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. HMRC email rules clarified for taxpayers Clear guidance issued on email use. Click here for more details. Retailers warn about rising employment costs Leaders urge Chancellor to rethink tax plans to protect jobs. To find out more, click here
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. Rules tighten for directors’ loans New regulations ensure there are no tax-free loan extraction loopholes. Click here for more details. HMRC urges buy-to-let disclosures Landlords warned to disclose earnings before HMRC’s deadline. To find out more, click here
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. Mandatory registration for tax advisers to tackle rogue practitioners All must register with HMRC from April 2026. Click here for more details. Government champions health benefits of work in new initiative WorkWell programme aims to support better health through...
Chancellor Rachel Reeves delivered her Budget on 30 October, the first by Labour for almost 15 years. She pledged to ‘invest, invest, invest’ to drive growth and ‘restore economic stability’. Ms Reeves said the Budget would raise a massive £40bn in taxes, a significant proportion of which will be borne by businesses. Here Pearson...
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. this week we run the rule over Labour’s first Budget in nearly 15 years. Autumn Budget 2024: Business changes Employers face higher National Insurance contributions. Click here for more details. Autumn Budget 2024: Tax measures summary The Budget introduced...
