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Read the latest business news from Hodge Bakshi Chartered Accountants & Chartered Tax Advisers.

19 Sep 2025

House of Lords concerned HMRC is ‘contracting out its job’ over Making Tax Digital for Income Tax

The latest House of Lords debate on Making Tax Digital for Income Tax (MTD IT) has raised serious concerns about the burden being placed on small businesses and the readiness of HMRC to support taxpayers.

11 Sep 2025

Angela Rayner’s Resignation: A Cautionary Tale of the Importance of Taking Specialist Tax Advice

The headlines surrounding the resignation of former Deputy Prime Minister Angela Rayner this week serve as a stark reminder of the importance of seeking the right professional tax advice.

08 Sep 2025

Companies house identity verification: What you need to know

Under the Economic Crime and Corporate Transparency Act 2023 (ECCTA), anyone incorporating, running, controlling or owning a company in the UK will need to verify their identity.

21 Aug 2025

HMRC Pilot Scheme for Making Tax Digital for Income Tax: Should You Join?

HMRC have rolled out a pilot scheme for Making Tax Digital for Income Tax (MTD IT) which offers taxpayers an early chance to familiarise themselves with MTD before it’s compulsory.

07 Aug 2025

What expenses can I claim as a landlord?

Becoming a landlord comes with various running costs and expenses.

11 Jul 2025

5 Common VAT Mistakes – And How to Avoid Them

Recording VAT incorrectly can be a costly mistake. In addition to having to pay any outstanding VAT to HMRC, business owners could also face penalties and interest.

02 Jul 2025