Posts Tagged ‘hmrc penalties’
How HMRC’s Focus On Private Use Adjustments Affects Your Tax Return
Tips & Advice How HMRC’s Focus On Private Use Adjustments Affects Your Tax Return Published: 04 October 2025 Reading time: ~4 minutes HMRC Targets Private Use Adjustments In Self Assessment HMRC say they raised over £27 million following a 2024 trial encouraging more accurate private-use adjustments, exposing widespread claims of disallowable private use within business…
Read MoreWhen “Reasonable Excuse” Can Quash HMRC Penalties
Tips & Advice When “Reasonable Excuse” Can Quash HMRC Penalties Published: 11 September 2025 Reading time: ~4 minutes Sayrun Lamuth v HMRC: The Case In Brief Sayrun Lamuth jointly owned a UK rental property with her ex-husband who lived overseas. They agreed she would pass her share of rent to him to hold for their…
Read MoreCan You Split a Business to Avoid VAT? Yes… But Here’s the Catch
Tips & Advice Can You Split a Business to Avoid VAT? Yes… But Here’s the Catch Published: 8 July 2025 Reading time: ~6 minutes What on earth is VAT disaggregation? Ever thought, “what if I split my business into two to dodge the VAT registration threshold?” That’s VAT disaggregation (or “artificial separation”) and yes, HMRC…
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