HMRC Issues Nearly 65,000 Crypto Tax Nudge Warning Letters as Compliance Activity Intensifies HMRC has significantly increased its compliance activity aimed at UK cryptocurrency investors, issuing 64,982 crypto-related warning letters during the 2024–25 tax year. According to figures obtained through a Freedom of Information request, HMRC continues to focus on ensuring taxpayers correctly report gains […]
Plenty of principal firms offer an Appointed Representative route into commercial finance broking. The question most brokers actually weigh up is what that partnership gets them beyond the FCA umbrella. Here’s what sets the Swoop AR network apart. Compliance, without the overhead As a Swoop AR, you operate under our FCA authorisation rather than building […]
Is Your Business Ready for the First Quarterly Deadline? Making Tax Digital (MTD) for Income Tax officially arrived in April, and now the first major deadline is almost here. If you’re a self-employed individual or landlord who falls within the new rules, your first quarterly update is due by 7 August 2026. The good news? […]
Find out what our members are asking this month… Q My client recently set up a registered company in France to expand its trading activities to France. He has incurred around £3k in costs, including solicitor’s fees and incorporation costs. The French entity has not received any income and will not receive any income in […]
New Business Assistance Rules Mean It’s Time to Find Out For many business owners, valuation is in the “I’ll worry about that when I sell” pile. However, thanks to changes to Business Relief from 6 April 2026, this is no longer the case. Even if the sale of your business hasn’t materialized, knowing its value […]
Case study: Work, Travel and Taxes! Scenario Client X own a successful online education business generating annual profits of approx £420,000. With clients spread across North America, Europe and Asia, they can work from anywhere and want to live an international lifestyle. After reading many articles and watching videos online about being a “tax nomad”, […]
Capital Goods Scheme reforms take effect from 29 July 2026 After a long wait, HMRC has confirmed that changes to the Capital Goods Scheme (CGS) will come into effect July 29, 2026. These reforms are designed to simplify VAT administration and reduce compliance obligations for many companies. The computer is removed from the schematic A […]
When someone dies, their estate may need to go through a legal process called probate before assets can be passed on. Part of that process involves telling HMRC about the estate’s value. According to HMRC’s inheritance tax statistics, only around 4% of UK estates pay inheritance tax each year, yet many more still have reporting […]
Case study: Complex Self-Assessment Tax Returns – Multiple Income Sources Scenario A client approached ETC Tax needing assistance with a complex Self-Assessment tax return. Their affairs include income from employment, rental properties, dividend income, investment profits and offshore bank interest, making it difficult to ensure all income has been reported correctly and tax relief has […]
Mendapatkan penghasilan tinggi di Inggris berarti tanggung jawab pajak yang lebih besar dan peluang melakukan kesalahan yang lebih besar. Mendapatkan penghasilan tinggi di Inggris berarti tanggung jawab pajak yang lebih besar dan peluang melakukan kesalahan yang lebih besar. HMRC menerima lebih dari 11,48 juta pengembalian pajak self-assessment pada tahun pajak 2024/25, dan sebagian besar dari […]
