Can HMRC See PayPal Transactions? What UK Sellers and Freelancers Actually Need to Know
Here’s something most people selling on eBay, taking freelance payments, or running a small side hustle through PayPal genuinely don’t know: HMRC can see PayPal transactions data. Not in some vague, theoretical, “they could if they wanted to” way. In a direct, structured, legally-backed way that’s been quietly tightening for years. If you’ve ever wondered […]
What Triggers an HMRC Investigation? The Honest Answer Nobody Tells You
Here’s a fact that surprises most people: HMRC opens around 300,000 tax investigations every year, and a fair few of them aren’t triggered by anything you’d ever expect. So, what triggers an HMRC investigation? In short, it’s a mixture of computer algorithms, human tip-offs, random selection, and patterns in your figures that simply don’t add […]
Why is my corporation tax so high? Common reasons UK companies get caught out
You open your tax computation, scan down to the bottom line — and your face does something involuntary. The number looks wrong. Too big. Possibly a typo. Every year, thousands of limited company directors ask exactly the same question: why is my corporation tax so high? The answer is rarely one thing. It is almost […]
5 Stages of a Tax Investigation and What to Do at Each One
There’s a particular kind of dread that comes with a letter from HMRC. You know the one — stiff envelope, official font, the word “investigation” sitting there on the page like a small explosion. Most people’s first instinct is to either phone someone in a panic or shove the letter in a drawer and pretend […]
Why Cloud Accounting Is the Future of Finance
Here’s something nobody tells you about running a business: you’ll spend more time wrestling with spreadsheets than actually building your empire. I recently spoke with a cafe owner in Wimbledon who’d been using the same desktop accounting software since 2011. She stored everything on one battered laptop. When that laptop died during the summer heatwave […]
HMRC Tax Investigations: A Real Guide for Every Businesses
There’s a particular knot that forms in your stomach when you open that brown envelope with the HMRC logo. You know the one. It sits on your kitchen counter for a full twenty minutes before you work up the nerve to rip it open, and suddenly you’re Googling “HMRC tax investigations” at 11 PM with […]