News & Updates

Correcting errors in VAT returns

Correcting errors in VAT returns

Correcting errors in VAT returnsJess Brooks
Published on: 08/12/2025

Form VAT652 has been withdrawn, changing how VAT errors must be corrected. Depending on the size and nature of the mistake, you may need to adjust your next return, submit the correction online, or write to HMRC.

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Utilising the tax exemption for Christmas parties

Utilising the tax exemption for Christmas parties

Utilising the tax exemption for Christmas parties Jess Brooks
Published on: 02/12/2025

Planning your Christmas party? Make sure you’re making the most of HMRC’s £150 annual event exemption. Here’s what employers need to know to keep celebrations tax-free for staff.

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Calculating corporation tax marginal relief

Calculating corporation tax marginal relief

Calculating corporation tax marginal reliefJess Brooks
Published on: 25/11/2025

Companies with profits between £50,000 and £250,000 may qualify for marginal relief to reduce their corporation tax bill. Learn how to calculate it and use HMRC’s online marginal relief calculator.

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File your tax return by 30 December to pay your tax bill through your tax code

File your tax return by 30 December to pay your tax bill through your tax code

File your tax return by 30 December to pay your tax bill through your tax codeJess Brooks
Published on: 24/11/2025

If you owe less than £3,000 in Self Assessment tax and file your return by 30 December 2025, HMRC may collect it through your tax code. Learn how this works and the pros and cons of paying via PAYE.

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