If you own a limited company, now is the time to take a closer look at your personal tax affairs. HMRC has launched a compliance campaign aimed at individuals who have significant control over limited companies, focusing on transactions between businesses and their owners. While many directors and shareholders manage these transactions with the best intentions, it's surprisingly easy for tax liabilities to arise without realising it. The campaign is particularly relevant to o

The Chancellor delivered the Autumn Budget on 28 October 2026, unveiling a package of tax measures that will affect business owners, landlords, investors and individual taxpayers over the coming years. While the government has resisted increasing the headline rates of Income Tax, National Insurance and VAT, a number of significant changes have been announced that could substantially alter the tax landscape from 2027 onwards. Many of the measures are aimed at increasing tax re

Many company directors assume that if they haven't taken a salary, dividends, or benefits from their company, there is little or nothing to report on their self-assessment tax return. However, HMRC has clarified that from the 2025/26 tax year, directors who are already required to file a self-assessment return must disclose details of their directorships, even where they have received no income from the company. This change could catch many business owners and directors of do