If you have received a P800 tax calculation from HMRC showing that you are owed a refund, there is one important thing to know: in most cases the money will not reach you automatically. You need to actively claim it. This short guide explains why and walks you through...
HMRC is expected to issue around 1.8 million Simple Assessment letters for the 2025/26 tax year and has encouraged recipients to check them carefully and take any necessary action. A Simple Assessment letter (PA302) is a tax calculation issued when HMRC...
Many people assume that if they have no tax to pay, they do not need to submit a Self Assessment tax return. However, whether you need to file a tax return depends on your circumstances and whether you meet HMRC’s Self Assessment criteria, not simply on whether tax is...
The new tax year brings a number of important changes to personal tax, business tax, and reporting requirements. The following is a summary of the key changes that may affect you.
From 1 February 2026, Companies House is updating several fees that affect most businesses. The key changes are: Confirmation Statement – rises from £34 to £50 Company Incorporation (digital) – rises from £50 to £100 Voluntary Strike‑Off (digital) – falls from £33...
If you're due a refund from HMRC after submitting your Self Assessment tax return, here’s a clear overview of what to expect and how we can support you. When Will I Receive My Tax Refund? HMRC typically processes tax repayments within 5 to 10 working days from...