Posts by Nettie Buss
HMRC to Automatically Sign-Up Taxpayers for Making Tax Digital: What You Need to Know
HMRC to Automatically Sign-Up Taxpayers for Making Tax Digital: What You Need to Know More than 294,000 taxpayers may still need to act—here is how sole traders and landlords can take control of their MTD obligations. HMRC has confirmed that, from September 2026, it will begin automatically signing up taxpayers who should already be using…
Read MoreEmployer National Insurance Receipts Surge: What the £143.9bn Record Means for UK Businesses
Employer National Insurance Receipts Surge: What the £143.9bn Record Means for UK Businesses Higher rates and a lower threshold have driven a sharp increase in employer NIC receipts—putting payroll costs, recruitment decisions and business planning firmly in the spotlight. Employer National Insurance contributions (NICs) have risen sharply following the changes introduced in April 2025. Provisional…
Read MoreHMRC’s New Tax Debt Proposals: Could Money Be Taken Directly from Your Bank Account?
HMRC’s New Tax Debt Proposals: Could Money Be Taken Directly from Your Bank Account? HMRC is consulting on plans to extend its debt-recovery powers to lower-value tax debts, potentially allowing monthly payments to be taken directly from a taxpayer’s UK bank or building society account. The proposals are intended for individuals and businesses that persistently…
Read MoreCompanies House identity-verification scams: what every director needs to know
Companies House identity-verification scams: what every director needs to know Fraudsters are exploiting a genuine legal requirement to steal directors’ identity and financial information. Here is how to recognise the warning signs and respond safely. Company directors are being targeted by convincing phishing emails that impersonate Companies House and demand urgent identity verification. The messages…
Read MoreChanges in HMRC Guidance for Spotlight 63 | Kennedys Accounting
Changes in HMRC Guidance for Spotlight 63 | Kennedys Accounting Learn about the latest HMRC Spotlight 63 guidance and what it could mean for landlords and property investors. Book a confidential consultation with Kennedys Accounting today. If you’re a landlord or property investor using a hybrid partnership arrangement, it’s important to keep up to date…
Read MoreThe Importance of Incorporating Your Limited Company Correctly – And Why You Should Ask an Accountant to Help
The Importance of Incorporating Your Limited Company Correctly – And Why You Should Ask an Accountant to Help Starting a new business is an exciting milestone, and with online company formation services available in just a few clicks, it can be tempting to incorporate your company yourself. However, choosing the right company structure from the…
Read MoreShould I Be Worried About HMRC Spotlight 63? | Kennedys Accounting
Should I Be Worried About HMRC Spotlight 63? | Kennedys Accounting Concerned about HMRC Spotlight 63? Find out whether your property structure could be affected and get expert advice from Kennedys Accounting. If you’ve used a hybrid partnership arrangement or another property tax planning structure, you may be wondering whether HMRC Spotlight 63 affects you.…
Read MoreMaking Tax Digital and Student Loans: What Sole Traders and Landlords Need to Know
Making Tax Digital and Student Loans: What Sole Traders and Landlords Need to Know If you are self-employed, a sole trader or a landlord with qualifying income above £50,000, Making Tax Digital (MTD) for Income Tax now changes how you report your figures to HMRC. If you also repay a student or postgraduate loan, there…
Read MoreWhat Should Landlords Do if They Are Affected by HMRC Spotlight 63? | Kennedys Accounting
What Should Landlords Do if They Are Affected by HMRC Spotlight 63? | Kennedys Accounting Concerned about HMRC Spotlight 63? Find out what landlords should do if they may be affected by a hybrid partnership arrangement and get expert advice from Kennedys Accounting. Discovering that your property ownership structure may be affected by HMRC Spotlight…
Read MoreR&D Tax Relief Delays Leave SMEs Struggling to Plan
R&D Tax Relief Delays Leave SMEs Struggling to Plan R&D tax relief is designed to help innovative businesses invest, recruit and grow. But for many small and medium-sized enterprises (SMEs), long waits and greater scrutiny are making that support difficult to rely on. What the research found Commissioned research surveyed 254 CFOs at R&D-active SMEs.…
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