UK TAX Professionals Ltd

26/02/2026

https://www.uktaxpro.co.uk/making-tax-digital-services/

Confused about Making Tax Digital? We break it down and do it all for you. Quarterly submissions, EOPS, final declaration. Packages from £40+VAT/month

27/03/2025

📢 From August: High-Income Child Benefit Charge to Be Collected via PAYE

Starting August 2025, parents earning over £60,000 will no longer need to complete a tax return just to repay the High-Income Child Benefit Charge (HICBC). HMRC will now allow this to be deducted directly through PAYE – a move that will save time and reduce confusion for thousands of employees.

To use the new system, taxpayers must register via an HMRC online service. This change follows years of issues with missed payments, appeals, and unawareness among affected parents.

💡 If your only income is through PAYE and you’re impacted by HICBC, this could mean no more annual Self Assessment returns.

06/03/2025

📢 Important Update on Statutory Sick Pay (SSP) 🚨

The UK government is moving forward with plans to abolish the three-day waiting period for statutory sick pay (SSP) and introduce an 80% low earnings limit, although the exact implementation date is not yet confirmed.

🔍 What Does This Mean for Employers?

SSP will be payable from day one of sickness instead of day four.

More employees will be eligible for SSP as the Lower Earnings Limit requirement will be removed.

Low earners will receive 80% of the SSP rate when off sick.

The government has decided to specify this 80% rate in law through an amendment to the Employment Rights Bill. The changes are expected to benefit over 1.3 million workers but could cost businesses up to £400 million annually.

💼 Impact on Employers
While the new rules aim to provide financial security to low earners, some employers have expressed concerns that the higher rate could lead to increased absenteeism. However, the government believes that fostering the right workplace culture and policies can mitigate this risk.

🕒 When Will This Take Effect?
Though no official start date has been announced, major employment law changes typically come into effect on 1 April or 1 October. Many experts believe these SSP changes are unlikely to be implemented before autumn 2025.

📢 What Should Employers Do Now?

Review your sickness absence policies and procedures.

Prepare for potential financial impacts on your business.

Stay informed on the final legislation timeline to ensure compliance.

These changes are part of the government’s broader Make Work Pay programme, aiming to boost productivity while supporting workers' well-being.

06/03/2025

📢 Attention Online Sellers and Side Hustlers! 🚨

HMRC is on the move! They have started sending letters to individuals they suspect of not paying taxes or disclosing sales on online platforms during the 2022-23 tax year. If you receive one of these letters, immediate action is required, as you have just 30 days to respond.

📌 Who's at Risk?

Online content creators

Landlords

Sellers importing and reselling goods

Dog walkers

Tutors

📜 What Does the Letter Say?
HMRC states it has evidence that you may have earned income from online marketplace sales up to 5 April 2023 that might not have been declared. If your total income exceeds the £1,000 trading allowance, it must be reported.

⏰ What to Do if You Receive a Letter?

Declare any untaxed income within 30 days.

Check out the guidance on the official gov.uk page: 'Tell HMRC about underpaid tax from previous years'.

Alternatively, call HMRC’s helpline at 0300 123 0998 and quote the reference number on your letter.

Once you respond, HMRC will send a payment reference number (PRN).

You will then have 90 days to declare your income and pay any owed tax, including interest and penalties.

🔍 Why Now?
Since January, online platforms like eBay, Vinted, and Facebook Marketplaces have been required to share sales data with HMRC. This new information gives them significant leverage to investigate potential tax avoidance and evasion.

💡 Not Sure if You Owe Tax?

Personal items sold as a one-off? Likely not taxable.

Selling items worth over £6,000? You may be liable for capital gains tax.

🔗 Useful Links

Check if you need to tell HMRC about your income: gov.uk

👉 Don’t ignore these letters. Act swiftly to avoid compliance checks and potential penalties!

30/10/2024

📢 Budget 2024 Update! 📢

📈 SDLT on second homes increased to 5%! 📈

2% SDLT hike for second homes, buy-to-let properties & companies buying residential property 🏢

🏠 Big changes for buy-to-let landlords & property investors: 🏠

💰Higher purchase costs 💰
📉Potential market slowdown 📉
🤔 Impact on rental prices? 🤔

28/10/2024

💰 Don't miss out on up to £7,500 in FREE government grants! 💰

The Boiler Upgrade Scheme can help you ditch your expensive fossil fuel heating and install a money-saving heat pump.

✅ Reduce your energy bills & carbon footprint.
✅ Available for homes and small businesses.
✅ Act now - funding is available until 2028!

➡️ Find out if you qualify: https://find-government-grants.service.gov.uk/grants/boiler-upgrade-scheme-1

23/10/2024

⏰ 100 days left to file your Self Assessment tax return! Don't wait, file early and get it off your mind.

23/10/2024

This isn't a joke. A Bury director is behind bars for failing to maintain proper accounting records and evading over £220,000 in taxes. Vezubuhle Ndlovu's actions led to the collapse of his company, VN Electrics Limited, and now he's facing the consequences.

This case serves as a powerful reminder that accurate accounting is not optional. It's a legal and ethical obligation. Ignoring these responsibilities can have severe repercussions, including hefty fines, director bans, and even imprisonment.