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HMRC’s app was launched a year ago and is gaining in popularity as it is being used to pay self-assessment tax bills.

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HMRC’s latest wave of ‘nudge letters’ has been targeted at online sellers, influencers and content creators warning them that they may not have paid enough tax.

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Owner-managers have historically benefited by withdrawing profits by way of dividends. However, tax changes taking effect from April 2023 will mean this approach may no longer be such an attractive option.

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A new business energy bill support scheme is set to run from 1 April 2023 to 31 March 2024 but will be less generous than the scheme currently in effect.

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If your employer pays for the fuel in your company cars, it may cost you more than you expected.

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With property prices expected to fall during 2023, parents may be thinking about getting their children onto the property ladder. However, although help with a deposit does not raise that many tax issues, joint ownership can have expensive tax implications.

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Making Tax Digital delayed once again by the government until April 2026, putting more pressure on the self-employed and landlords already facing a challenging economic environment.

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Small company owners should by now be aware of the corporation tax changes taking effect from 1 April 2023, but with the associated company rules changing at the same time, don’t be caught off guard.

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From 1 April 2023, business rates in England and Wales will be updated to reflect changes in property values since the last revaluation in 2017. Although many businesses will see increased bills, others will see reductions. A package of targeted support will help with the transition.

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The 9.7% uplift to the National Living Wage from April 2023 should be welcome news for lower-paid workers, but could present problems if their employer simply cannot afford the increased employment costs.

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Fiscal drag is the stealthy way in which governments pull more and more taxpayers into higher tax brackets without the backlash that comes with increased tax rates. This is something taxpayers can probably live with when inflation is negligible, but it’s another matter entirely with inflation at over 11%.

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It comes as no surprise that capital gains tax (CGT) was targeted in the government’s Autumn Statement, with the changes forecast to raise some £1.6 billion over the next five years. The annual exempt amount (AEA) will be cut to £6,000 for 2023/24, with a further, permanent, fall to £3,000 from 2024/25.