by MAS | Sep 29, 2026 | Business advice, CIS, Construction services, HMRC
HMRC is writing to Construction Industry Scheme (CIS) contractors where it believes the wrong deduction rate may have been applied to payments made to subcontractors during 2025/26. HMRC’s new guidance applies to contractors who receive a letter concerning deductions...
by MAS | Apr 13, 2026 | Business advice, Financial news, HMRC, PAYE, Tax
PAYE HMRC is reminding employers to review PAYE coding notices as the 2026/27 tax year gets underway. With new tax codes now in operation, what should you be looking out for? HMRC highlights the importance of checking coding notices (P6 and P9) when they are received....
by MAS | Feb 24, 2026 | Business advice, Financial news, HMRC, Self Assessment, Tax, VAT
HMRC confirms that it has re-started the use of DRD, which was paused during the pandemic and is now being operated in a “test and learn” phase. Under the policy, HMRC can require banks and building societies to pay sums directly from taxpayers’ accounts where tax...
by MAS | Feb 24, 2026 | Business advice, Financial news, HMRC, Tax
HMRC has published the latest advisory fuel and electric rates (AFRs) for company cars, effective from 1 March 2026. Several rates have changed since the previous quarter. What should employers be aware of? AFRs are used where employers reimburse employees for...
by MAS | Jan 30, 2026 | Business advice, Financial news, HMRC
Pubs will see their business rates cut and licensing rules relaxed under a new support package aimed at reviving high streets and protecting local community hubs. What’s changing and what does it mean for the trade? The Chancellor has announced a package that she...
by MAS | Jan 15, 2026 | Business advice, Financial news, HMRC, PAYE
STUDENT LOANS If your employees have an outstanding student loan, HMRC will notify you via a start notice. You must then deduct repayments via the payroll. This is straightforward; you just need to ensure you set them up on the correct loan type. However, an awareness...
