Tax News & Updates

HMRC tax, VAT, payroll and regulation updates for businesses and taxpayers.

FMX Tax Knowledge Hub

Use these topic sections to understand what HMRC changes, VAT rules, payroll updates and company deadlines can mean for your business.

HMRC Rules

Understand whether a rule change needs action now, at the next return, or at year-end.

HMRC updates can affect the way businesses keep records, calculate tax, submit returns and respond to compliance checks. FMX turns those updates into practical steps for business owners, directors and sole traders.

What to check

  • Does the update affect your tax return, VAT return or payroll process?
  • Do your records support the position you are taking?
  • Is there a deadline, registration requirement or penalty risk?

VAT & Making Tax Digital

Keep VAT records organised and ready for digital submission.

VAT updates often affect registration, return preparation, digital records, allowable input VAT, payment timing and Making Tax Digital processes. We help clients understand what needs to be captured before the VAT period closes.

Useful reminders

  • VAT returns are usually submitted every three months.
  • The online return and payment deadline is usually one month and seven days after the VAT period ends.
  • Digital records should be reviewed before submission, not after HMRC asks questions.

Payroll & PAYE

Employer updates can affect monthly pay, deductions and HMRC submissions.

Payroll rules touch PAYE, National Insurance, pension duties, employee starter and leaver records, director payroll and year-end reporting. FMX helps employers keep payroll clear and consistent.

Useful reminders

  • Monthly electronic PAYE payments are normally due by the 22nd of the next tax month.
  • Postal cheque payments must normally reach HMRC by the 19th.
  • Payroll records should be checked before payslips and RTI submissions are sent.

Self Assessment

Plan early for personal tax, sole trader profits, landlord income and director returns.

Self Assessment updates can affect who needs to file, registration timing, payments on account, allowable expenses and penalties. FMX helps clients prepare the records needed before January pressure starts.

Useful reminders

  • New Self Assessment registrations are normally due by 5 October after the tax year.
  • Paper returns are normally due by 31 October.
  • Online returns and balancing payments are normally due by 31 January.

Company Compliance

Company accounts, Corporation Tax and Companies House deadlines need joined-up planning.

Limited companies need accurate accounts, Corporation Tax calculations and Companies House filings. FMX helps directors understand what is due, what records are needed and how early preparation protects the business.

Useful reminders

  • Annual accounts are normally due 9 months after the company financial year ends.
  • Corporation Tax is normally payable 9 months and 1 day after the accounting period ends for companies with profits up to GBP 1.5 million.
  • Company Tax Returns are normally due 12 months after the accounting period ends.

AAT Insights

Professional accounting updates help business owners understand good practice.

AAT commentary can help explain accounting standards, bookkeeping discipline, practice management, finance skills and business improvement. FMX uses this wider professional context alongside HMRC guidance.

What FMX looks for

  • Practical bookkeeping improvements for small businesses.
  • Finance skills and systems that reduce mistakes.
  • Accounting commentary that helps clients make better decisions.

Live HMRC Tax and Accounting Updates

This page focuses on tax, VAT, PAYE, Self Assessment, Corporation Tax, Making Tax Digital and compliance updates from HMRC and professional accounting sources.

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HMRC Tax

HMRC tax and compliance updates

Official HMRC updates covering tax rules, filing obligations, compliance, VAT, PAYE and business tax responsibilities.

VAT

VAT and Making Tax Digital

Official GOV.UK VAT guidance, VAT record keeping and Making Tax Digital information for businesses.

AAT Tax & Accounting

AAT Comment articles

Professional commentary on tax, accounting, bookkeeping, business finance and compliance matters.

Featured FMX Explainers

These short guide areas make the news page feel useful even before the live feed updates.

VAT

VAT return readiness

What to review before each VAT return, including sales, purchases, digital records, input VAT evidence and payment timing.

Read VAT service guide
Payroll

Employer compliance checks

How payroll information, payslips, PAYE deductions, director salaries and RTI submissions should be kept under control.

Read payroll guide
Self Assessment

Tax return preparation

Records sole traders, landlords, directors and individuals should organise before the Self Assessment deadline.

Read Self Assessment guide
Companies

Year-end accounts planning

What directors should prepare for annual accounts, Corporation Tax, Companies House filing and management review.

Read company accounts guide
Bookkeeping

Clean records, cleaner tax

How regular bookkeeping reduces late information, missing receipts, VAT errors and unclear profit reports.

Read bookkeeping guide
Consultancy

Cost and operations review

How business consultancy can connect management accounts, cost control, quality systems and customer operations.

Read consultancy guide

What FMX Tracks for Clients

News matters most when it becomes clear action. These are the common update areas we help clients understand.

HMRC deadlines

Self Assessment, VAT, PAYE and Corporation Tax deadlines can change depending on the business and filing position. We help clients plan ahead and avoid last-minute pressure.

Making Tax Digital

Digital record keeping rules affect how VAT and other tax information is maintained. FMX helps businesses keep records organised and submission-ready.

Employer updates

Payroll, PAYE and National Insurance changes can affect directors and employers. We help clients understand what information is needed each pay period.

Company compliance

Companies House and Corporation Tax filing responsibilities need accurate records and clear year-end planning.

VAT and business tax

Updates on VAT registration, returns, allowable costs and business tax can affect pricing, cash flow and compliance.

Professional standards

AAT updates can help business owners understand accounting practice, record keeping expectations and finance-team skills.

Tax and Compliance Calendar Snapshot

Important dates vary by business, accounting period and HMRC account, but these common areas are worth monitoring throughout the year.

Every month

Payroll and PAYE

Check payroll records, payslips, RTI submissions, PAYE payments and pension information before the monthly payroll cycle closes.

Each VAT quarter

VAT returns

Review digital records, VAT invoices, purchase evidence, bank activity and the payment deadline for the VAT period.

After year end

Limited company accounts

Prepare year-end records, director information, Corporation Tax figures and Companies House filing requirements early.

Before January

Self Assessment

Organise income, expenses, dividends, rental records, pension details and payments on account well before the online filing deadline.

This page is a general guide. Always check your own HMRC account, Companies House record and FMX advice for your exact deadline.

Call FMX Accountants