Overview Recent reports suggest that the Chancellor,   Rachel Reeves , is considering a significant change to the National Insurance Contributions (NICs) regime — one that could have major implications for members of   Limited Liability Partnerships (LLPs) . While these reports remain unconfirmed, the level of detail contained in the leaks suggests that the Treasury is seriously examining proposals to   bring LLP members more closely in line with employees   in terms of NIC t

HMRC has introduced new mandatory reporting obligations that will affect both company directors  and self-employed taxpayers when...

With the 2025 Budget scheduled for Wednesday, 26 November, there are plenty of rumours about potential tax increases.   With UK borrowing...

HMRC has reminded married couples and those in civil partnerships that they could reduce their income tax liability by up to £252 a year...