WRLO Accountants are now registered as an Authorised Corporate Service Provider (ACSP). Companies House have brought in legislation that requires all directors and people with significant control to have their identifications verified. ACSPs are also known as Companies House authorised agents. Please get in touch if you need help verifying... read more →
Dec
16
Nov
05
In this week’s Enews, there is news on a recommendation from the Low Incomes Tax Reform Group (LITRG) to make it easier for state pensioners to pay tax owed via a Pay as You Earn Scheme. There is also news on Chancellor Rachel Reeves’ ‘blitz on business bureaucracy’ and findings... read more →
Aug
25
HMRC will run a digital campaign to ensure that self assessment taxpayers do not claim tax relief for personal expenditure on 2025/26 tax returns, according to the Institute of Chartered Accountants in England and Wales (ICAEW). HMRC has told the ICAEW that the digital campaign follows a trial in 2024.... read more →
Jul
04
HMRC is warning those earning extra income through a side hustle to check if they need to register for self assessment and file a tax return. Side hustles can be any additional income stream, from online selling to content creation, from dog walking to property rental. It also includes gains... read more →
May
24
Almost half of UK sole traders feel unprepared for upcoming Making Tax Digital (MTD) for Income Tax changes, according to research conducted by IRIS Software. The new MTD rules mandate digital record-keeping and quarterly Income Tax updates starting April 2026 and non-compliance can lead to significant penalties. The study found... read more →
May
24
The UK’s professional tax and accounting bodies have backed the adoption of e-invoicing in their responses to a government consultation. The Chartered Institute of Taxation (CIOT) says that HMRC will need to prioritise the effective implementation of e-invoicing if it is to drive its adoption among UK businesses. The CIOT... read more →