He’s a successful founder: UK company, overseas investments, a trust, a carried interest structure, a couple of properties in Europe. He has a Big 4 firm on speed dial and a family office that keeps his spreadsheets immaculate.

A simple guide to HMRC’s “nudge letter” when you have assets in Italy and Spain “I thought it was a parking fine.”

When VAT isn't what it seems: reverse charge, registration traps, and why you might already be liable

I’m going to tell you a story that looks “obvious” in real life… and then becomes very non-obvious once you apply the statute. Let’s call them Marco and Giulia. Long-term renters in London. Offer accepted. Mortgage lined up. They’ve budgeted for fees and assume they qualify for SDLT First-Time Buyers’ Relief because: “We’ve never owned a home in the UK.”

Marco lives in London. His life is (mostly) in sterling: PAYE, a UK mortgage, a school run, a Pret habit he refuses to quantify. But three times a year, his finances “speak” in other accents:

As the digital economy continues to grow at an unprecedented rate, regulatory bodies are stepping up efforts to ensure tax compliance across borders.

The UK tax system is undergoing a notable shift with HMRC's latest announcement: the income tax self assessment (ITSA) reporting threshold for trading income will increase from £1,000 to £3,000 within this parliament.

On 1 January, the UK doesn’t just start a new calendar year. It starts a tax sprint. For some, January is the month you finally “close the file” on the 2024/25 tax year (ended 5 April 2025). For others, it’s a routine cadence: payroll, CIS, VAT. For limited companies, January can also be the month where an old accounting period catches up with a filing deadline.

On 5 January 2026, HMRC said 5.65 million people still needed to file their Self Assessment return for 2024/25, with the clock ticking towards 31 January 2026 (23:59). That number isn't just a stat - it's the reason the ...