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Yachts and horses have often been grouped together as targets for HMRC with regards to private usage.

HMRC published its estimate of the Tax Gap on 19 June 2025 – covering the 2023-24 tax year, with revisions of estimates for previous years (see

On 26 March 2025, the Chancellor of the Exchequer Rachel Reeves delivered the Spring Statement 2025, unveiling a comprehensive package of measures designed to add

I can remember the first time I saw a corporation tax assessment seeking tax on a loan to a participator.

An HMRC investigation or enquiry can be a worrying development for a business but for those in HMRC’s ‘Large Business Service’, it is par for the course.

Although debts are generally disregarded assets for the purposes of the capital gains tax legislation, this is subject to some exceptions.

The proposed changes to business property relief have so far sent only ripples through the business world.

Whilst the UK does not impose a direct exit tax on individuals departing its shores (unlike the United States with its expatriation tax under IRC 877A), leaving the UK does come with its own se

A company can generally be removed from the register of companies at Companies House in one of two ways:

HMRC released a new consultation on third party data on Spring Statement day, which aims to reform the approach to third party data acquired under HMRC’s bulk data powers (see