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HMRC to close their online accounts and tax filing service

HMRC have issued guidance confirming that from 31 March 2026 their online filing service for company accounts and tax returns will close.

Side hustle sales threshold raised to £3,000

Further information has been released by the Government on the increase in the trading allowance rate and when this will come into effect, but beware; the £3,000 is not a tax relief increase, only an administrative increase.

What happens if you can’t pay your tax bill?

If you are a taxpayer and you are concerned that you cannot pay your tax bill on time, you have the option to set up an online “time to pay” arrangement with HMRC.  This means you can spread the cost of you tax bill over a period of 6-12 months, helping improve cash flow.

Check-out time looms for FHL tax regime

Further to our article in December 2024 and with the tax regime for furnished holiday lettings ending in April 2025, there are practical issues that affected property owners need to know about.

Global Market Commentary – February 2025

2025 has been a mixed year, so far. The winners of 2023 and 2024 are not currently faring so well, with US stocks lagging behind Europe and the UK as the “Magnificent 7” technology companies decline in value.

Tax Investigation Service

It is widely anticipated that HMRC enquiry levels will start to increase in the coming months as the new Government continue to face budgetary pressures.  Therefore, if you do not currently have cover, we suggest you give this service some consideration.

Webinar – Bank of England update from the Deputy Agent for Scotland

4 March 2025

National Apprenticeship Week

National Apprenticeship Week 10-16 February 2025 This week is National Apprenticeship Week #NAW2025 and we caught up with Richard Ayre…

Global Market Commentary – January 2025

A Rollercoaster Start to the Year -
2025 has begun with the market’s focus flipping between different topics at a lightning pace. Firstly, government bond yields spiked higher and created alarm about budget deficits. However, lower inflation data made those fears subside and led to a strong rally...

Two new Associates welcomed at Greaves West & Ayre

We are delighted to announce two new Associates within Greaves West & Ayre. Carron McEwen and Neil Robertson took up their positions within the Practice on 16 December 2024.

Funds raised for the Great North Air Ambulance Service

On Monday 14 January 2025 we welcomed Kate Barker from the Great North Air Ambulance Service (GNAAS) to our…

Online card payment processing operational

Our online card payment function is now fully operational again.