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Paying tax arrears using HMRC payment plans

If you are unable to pay your tax bill, it's important to reach out to...

Penalty points for late filing of VAT returns

Many businesses are still unaware that the VAT late filing and late payment rules now...

Directors liability for company debts

A limited company is a separate legal entity. In normal circumstances, its debts belong to...

How many businesses are there in the UK?

Current estimates suggest that there are around 5.6 million businesses operating in the UK. This...

Tax Diary December 2025/January 2026

1 December 2025 - Due date for Corporation Tax payable for the year ended 28...

Tell HMRC about unpaid tax on cryptoassets

Where cryptoasset tokens (also known as cryptocurrency) are held personally, this investment is usually undertaken...

Pay for imports declared via the CDS

If your business imports goods into the UK, it is important to be familiar with...

Tax and trivial benefits

There is a trivial benefit-in-kind (BiK) exemption that applies to small, non-cash gifts (such as...

Company Voluntary Arrangements

A Company Voluntary Arrangement (also known as a CVA) is a special arrangement that allows...

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