Posted 27/02/2026 A new website has been launched by the Department for Business and Trade (DBT) offering practical guidance and support on the changes that the Employment Rights Act will introduce and what they can do to get ready. The website provides details of upcoming changes, including several that come into force from April 2026.…Read More
Posted 25/02/2026 With just a few weeks to go until the beginning of a new tax year, a new round of tax changes take effect from April 2026. While many people won’t see a big difference in their day-to-day tax position, there are some areas worth having on the radar. Here is a run-through of…Read More
Posted 23/02/2026 HM Revenue & Customs has started using GOV.UK One Login for taxpayers signing up to its digital services for the first time. This means that if you do not already have a Government Gateway account, you will now register using an email-and-password login rather than needing to obtain a 10-12 digit Government Gateway…Read More
Welcome to the Budget 2025 edition of Tax E-News. On 26 November 2025, Chancellor Rachel Reeves presented her second Budget to Parliament. After the tax-raising budget of 2024, it had been hoped by the government that widely applicable tax increases would not be required again in 2025. However, with economic pressures continuing to apply, tax…Read More
posted 24/11/2025 For many sole traders and small business owners, reviewing their accounting system only happens when something forces the issue. For instance, many sole traders are currently looking at whether their accounting system meets the requirements for Making Tax Digital for Income Tax. However, even without a regulatory change, reviewing your accounting systems can…Read More
Posted 17/11/2025 HM Revenue and Customs (HMRC) are writing to some taxpayers to tell them what they need to do to get ready for the new Making Tax Digital rules that come into force next April. What is Making Tax Digital? Making Tax Digital for Income Tax is a new way for sole traders and…Read More
Posted 12/11/2025 People making money from online sales, Christmas crafts, or seasonal market stalls are being urged to check if they need to tell HMRC about their earnings. Platforms such as Etsy, Vinted, eBay and even media platforms such as Instagram, are now required to report seller earnings to HMRC. HMRC’s Help for Hustles…Read More
Posted 10/11/2025 From 18 November 2025, identity verification with Companies House will start to be required for company directors and People with Significant Control (PSCs). The measure is intended to improve the reliability of information on the UK’s company register and support efforts to reduce economic crime. When to verify The specific date by which…Read More
Posted 03/11/2025 HM Revenue and Customs (HMRC) has been reminding taxpayers that there are now fewer than 100 days left to file their tax return and pay any tax due for the 2024-25 tax year. The online filing deadline applicable to the majority of taxpayers is 31 January 2026. Why file early? Filing early gives…Read More
Posted 27/10/2025 Almost 500 UK employers have been fined a total of £10.2 million after failing to pay the National Minimum Wage correctly, according to the latest government list. Following investigations by HMRC, around 42,000 workers have now received back pay totalling £6 million. The list of employers includes businesses of all sizes and across…Read More
Posted 20/10/2025 Small businesses across the UK are being urged to take simple, practical steps to protect themselves from growing online threats – and a new free toolkit from the National Cyber Security Centre (NCSC) aims to make that much easier. The Cyber Action Toolkit, launched this week at the NCSC’s Annual Review, offers tailored…Read More
Posted: 03 Oct 2025 The increasing prevalence of cyber-attacks has led the Information Commissioner’s Office (ICO) to remind businesses to review their security measures and protect any personal information they hold. According to government figures, UK businesses experienced an estimated 7.7 million cyber-crimes over the past year. Most small businesses store personal information and rely…Read More
Posted 01/09/2025 From 13 October 2025, Companies House will require all businesses to use GOV.UK One Login to access WebFiling. This change is part of a wider government move to introduce a single, more secure login system across all online services. What’s Changing? From 13 October 2025, you’ll need to connect your WebFiling account to…Read More
Posted 06/08/2025 Earlier this year Companies House made it so company directors could voluntarily verify their identity and has now confirmed when it will become compulsory. From 18 November 2025 company directors and people with significant control (PSC) will have to verify their identities to incorporate a company and to become the director of an…Read More
Posted 16/07/2025 Companies House is undergoing a major transformation following the introduction of the Economic Crime and Corporate Transparency Act 2023 (ECCTA). Backed by new legislative powers, the agency is shifting from a passive registrar to an active gatekeeper – taking direct action against fraud, money laundering, and misuse of the UK’s corporate framework. A…Read More
Our monthly newsletter contains a round up of the latest tax news and updates of what's happening at Hammond McNulty
As a subscriber you will automatically receive our newsletter direct to your inbox