The 31st July Self-Assessment payment deadline is fast approaching. If you make Payments on Account, your second payment for the 2025/26 tax year must be paid by this date. If you miss the deadline, interest may be charged, so it's worth checking now whether you need to make a payment. You will usually need to make Payments on Account unless: your last Self-Assessment tax bill was under £1,000, or you paid more than 80% of your tax through PAYE or other deductions. If paying

Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) is fast approaching. Are you ready?

The UK unexpectedly recorded a budget surplus in January, in part due to an increase in self assessment Income Tax receipts. Markets had...

Allowable expenses should be included in your tax return to ensure the correct tax liability is submitted.

HMRC have issued a reminder to taxpayers that the self assessment deadline is approaching. Self Assessment taxpayers have until 31...

Following the Monetary Policy Committee decision to increase the Bank of England base rate to 2.25%, HMRC announced increases to both...

The pilot for Making Tax Digital for Income Tax Self Assessment (MTD ITSA) is being extended by HMRC to more self-employed workers and...

The Institute of Chartered Accountants in England and Wales (ICAEW) has predicted that almost 250,000 partners and 280,000 sole traders...