HMRC demands more data

HMRC demands more data

HMRC’s New Data Reporting Requirements Coming in 2025-26 Tax Year. Discover what data HMRC plans to collect, including trade sectors, occupations, hours worked, and more.

Sales till manipulation

Sales till manipulation

Traders who have used electronic sales suppression (ESS) software are in serious trouble as HMRC view this as tax fraud which is a criminal offence.

Settle the tax with a PSA

Settle the tax with a PSA

You may reward your employees with something special such as a holiday or a hamper. If the value exceeds the tax-free amount permitted under the rules for say long service awards, trivial benefits or staff suggestions it will be taxable.