Phoenix Companies and HMRC have become a major focus for government enforcement activity. In November 2025, HMRC, the Insolvency Service and Companies House announced a joint strategy to tackle what are described as contrived insolvencies; situations where businesses...
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Mandatory Payrolling of Benefits in Kind: What Employers Need to Know
The Government has confirmed a phased introduction of mandatory payrolling for benefits in kind, changing how employers report and account for employee benefits. While mandatory payrolling was originally expected to apply to all benefits from 6 April 2027, the rollout...
Pension Tax Relief
Saving into a pension is one of the most tax-efficient ways to build financial security for retirement. The government encourages pension saving by offering tax relief on contributions, helping individuals grow their retirement funds more quickly than they could...
Disincorporation of a Company: Tax Rules and Strategy for Directors
Disincorporation of a Company is the opposite to established business practice. In the not-too-distant past, incorporation was synonymous with automatic tax savings. However, successive governments have eroded these specific tax benefits. Running a limited company...
How Register For UK Self Assessment
How to Register for UK Self Assessment Why bother with registration? Should you Register for UK Self Assessment, most people instantly think tax hassle. But for the self-employed, side-hustlers, or directors, knowing how to register for Self Assessment UK is one of...