Can you apply for a Making Tax Digital exemption?
In a few months, it will become mandatory for sole traders and landlords earning more than £50,000 a year to use Making Tax Digital (MTD) – unless they are eligible for an exemption.
thoughts and experience
our blog
An insight from the gbac team on all things accounting, finance and more.
Let Property Campaign increases tax revenue from residential landlords
HMRC has been running the Let Property Campaign for over 12 years to make sure landlords who earn income by letting out residential property pay the correct tax in the UK.
Cryptocurrency conundrums for stablecoins
After a proposal by the Bank of England to cap stablecoin holdings for individuals at £10,000 or £20,000 received strong criticism, the Bank may be softening this stance.
Companies House identity verification requirements
As announced earlier this year, Companies House will be introducing mandatory identity verification this autumn. This process will be compulsory from 18th November 2025.
How to notify HMRC about VAT return errors
HMRC has now withdrawn the VAT652 form, which means companies that have made large errors in their VAT returns must follow updated processes to submit corrections.
Lessons in double-checking Stamp Duty liability
If you’re planning on buying a property, you should learn from the former Deputy Prime Minister Angela Rayner’s tax problems to avoid making the same costly mistakes.
Speak to our team of experts
If any of our latest content leaves you wondering how this may affect your business, our team are on hand to deal with any queries you have.
Complete the contact form below and a member of our team will aim to get back to you within two working days.