HMRC to fine crypto investors £300 for non-disclosure
UK-based holders of cryptoassets will have to provide personal details to crypto service providers or face penalties of up to £300 from HMRC. The regulations will be introduced in the…
Blog Posts
HMRC criminal tax offence plan risks going too far, warns CIOT
HMRC plans to introduce a tax avoidance criminal offence risks overreach, the Chartered Institute of Taxation (CIOT) has warned. HMRC plans to create a new strict liability criminal offence for…
HMRC warns of Winter Fuel Payment scams
HMRC has issued a warning to be on high alert for scams linked to Winter Fuel Payments after receiving 15,100 reports of bogus activity in June. Fraudsters have been targeting…
Harsh personal guarantees will chill growth ambitions, warns FSB
Personal guarantees risk holding back the growth the economy needs, the Federation of Small Businesses (FSB) has warned. Research by the FSB shows that 60% of limited company directors would…
Recruitment static as firms assess NICs impact
Recruitment at UK firms remained static in the second quarter of 2025 as businesses continued to assess the impact of the rise in employer National Insurance contributions (NICs), says the…
Pensioners ‘set to be worse off’, warns DWP
The Department for Work and Pensions (DWP) has warned that pensioners retiring in 2050 are set to be worse off than those retiring today. According to the DWP, nearly half…
Government publishes Finance Bill supporting documents
The government recently published draft legislation for Finance Bill 2025-26 for consultation. The legislation includes an Inheritance Tax overhaul; measures intended to refine and simplify the Making Tax Digital for…
More small firms expect to shrink than grow
The proportion of small firms expecting to contract, sell or close outnumbered the percentage hoping to grow, the Federation of Small Businesses (FSB) has warned. The share of small businesses…
HMRC names and shames over 500 employers for failing to pay NLW
HMRC has named and shamed over 500 UK employers for failing to pay the National Living Wage (NLW) or the National Minimum Wage (NMW). The employers will now be forced…
HMRC Small firms held back from energy efficiency by upfront costs
Small firms are keen to become more energy efficient, but they are being held back by the high upfront cost of green investment, according to the Federation of Small Businesses…
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