If you are employing staff or engaging subcontractors for construction work, you will normally need to register with HM Revenue & Customs (HMRC). Employing staff You must registe#86C6E5r as an employer before your first payday so that HMRC can issue your employer PAYE reference number. This applies even if you are the sole director of a limited company and the company employs only you. You can register up to two months before you intend to start paying yourself or your employees. Most limited...

From the 2025/26 Self Assessment tax year, many company directors will be required to provide additional information on their personal tax returns. If you're a director of an owner-managed or family-owned company, these changes are likely to affect you. Although the new reporting requirements won't increase the amount of tax you pay, failing to complete the new sections correctly could lead to HMRC penalties of £60. Here's what you need to know. Who do the new rules apply to? The additional...

The government is consulting on proposals that would require many Income Tax Self Assessment (ITSA) taxpayers to pay tax closer to real time from April 2029. Under the plans, taxpayers with PAYE income would pay estimated ITSA liabilities through monthly PAYE deductions, while other self-employed individuals and landlords could move to monthly or quarterly payments on account. The reforms aim to reduce late payments and tax debt by spreading tax liabilities throughout the year, although...