News – Tide Accounting

Money and property after divorce

When a couple divorces or separates, they need to agree how their finances will be [...]

Winter Fuel Payment opt-out deadline approaches

Pensioners who do not want to receive the Winter Fuel Payment for winter 2026-27 have [...]

Tax rules for cryptoassets set to change

The tax treatment of some crypto assets is set to change under draft legislation for [...]

HMRC targets persistent tax debts

HMRC is reviewing proposals to introduce new powers for recovering lower-value, persistent tax debts from [...]

New self-assessment registration service launched

HMRC has launched an improved online service to make it easier for individuals to register [...]

New funding opens for growing businesses

The British Business Bank has launched a £210 million investment fund to help smaller businesses [...]

Could simpler reporting reduce business paperwork?

The Government has announced plans to simplify corporate reporting and reduce the administrative burden placed [...]

Tax diary: October and November 2026

1 October 2026 - Corporation Tax payment is due for companies with an accounting period [...]

Business expenses when costs have a private element

Self-employed people can deduct allowable business expenses when calculating their taxable profits. However, where a [...]

Could simplified expenses save you time and money?

Self-employed people can choose to use simplified expenses to calculate certain business costs using flat [...]

Are you paying your staff the correct minimum wage?

Employers must make sure their staff receive at least the National Minimum Wage or National [...]

When is a company dormant for Corporation Tax?

A company does not have to be formally closed to become dormant for Corporation Tax. [...]

When can a trading loss generate a tax refund

Making a trading loss whilst not ideal can sometimes generate a tax refund. If you [...]

Is your company paying Corporation Tax at the right rate?

The rate of Corporation Tax payable depends mainly on the level of a company’s taxable [...]

Could company dividend rules be changing?

The Government has announced plans to consider major changes to the rules governing when companies [...]

Nearly 660 employers named for minimum wage failures

The Government has named nearly 660 employers for failing to pay workers the National Minimum [...]

Is your VAT control system strong enough?

A strong VAT control system should clearly identify who is responsible for VAT, document the [...]

Could company distribution rules change?

The tax rules concerning what constitutes a distribution for tax purposes have remained largely unchanged [...]

Predevelopment costs on major developments

Businesses planning major infrastructure and development projects should be aware of a new government consultation [...]

Overseas staff working in the UK

UK employers with employees who normally work overseas may have PAYE and National Insurance obligations [...]

Received a P800 from HMRC?

HMRC is currently carrying out its annual reconciliation of PAYE for the 2025-26 tax year. [...]

Summer VAT relief has ended

The temporary 5% reduced rate of VAT introduced for certain children’s meals, tickets and family [...]

Company accounts are going fully digital

An important change is coming to the way companies file their annual accounts. From 1 [...]

How Is Your Business Performing?

The latest figures from the Office for National Statistics suggest that conditions remain challenging for [...]

Evidence required to support business expense claims

Self-employed individuals can deduct allowable business expenses from their income when calculating taxable profits. However, [...]

Tax relief for uniforms and protective clothing

Employers providing uniforms or protective clothing to employees need to understand the tax and National [...]

What is a reasonable excuse for missing a tax deadline?

Missing a tax deadline can result in penalties from HMRC, but a taxpayer may be [...]

Recovering VAT on pre-registration costs

Businesses that register for VAT may be able to reclaim VAT paid on certain goods [...]

Are your employment policies ready for workplace reforms?

Employment law continues to evolve, and businesses should keep a close eye on forthcoming changes [...]

Could your business survive a cyberattack?

Cybercrime is no longer a problem that only affects large organisations. Increasingly, small and medium-sized [...]

When to register for Corporation Tax

Companies and other organisations that are liable for Corporation Tax must ensure they register with [...]

Benefits of SEIS and EIS Advance Assurance

Businesses seeking investment through the Seed Enterprise Investment Scheme (SEIS) or Enterprise Investment Scheme (EIS) [...]

Official rate of interest for beneficial loans

Employers providing loans to employees or directors need to ensure they correctly calculate any taxable [...]

Incorporation Relief may reduce your CGT bill

When a sole trader or partnership transfers a business to a limited company, a chargeable [...]

HMRC penalties for failing to notify a tax liability

If you become liable to pay a tax or register for a tax that HMRC [...]

Tax relief on pension contributions for employees

Receiving tax relief on pension contributions into a workplace pension is a great way to [...]

Why successful businesses prepare before conditions improve

Economic uncertainty has affected the confidence of many small business owners. Rising costs, changing customer [...]

Could better digital skills transform your business?

Technology is changing the way businesses operate, and the pace of change is only increasing. [...]

Tax Diary September/October 2026

1 September 2026 - Due date for corporation tax due for the year ended 30 [...]

Amending a mistake on your tax return

What happens if you discover a mistake on your tax return? The good news is [...]