Mind the (tax) gap – Why HMRC may have SMEs in its sights
The tax gap, the difference between the amount of tax owed and collected, has long been a thorn...

McPhersons is now part of Galloways Accounting. We’re looking forward to sharing the next stage of our journey with the Galloways group, and share their vision for helping you, our clients, to have more time to enjoy the things you love.
The tax gap, the difference between the amount of tax owed and collected, has long been a thorn...
The delay to payrolling Benefits in Kind (BIK) to 2027 may seem like a cause of relief for...
Receiving a Kittel VAT notice is something that many businesses dread. HM Revenue and Customs (HMRC) can demand...
Public borrowing hit £20.5 billion in April, the highest level for that month since 1993 and nearly £3...
The International Monetary Fund (IMF) has upgraded the UK’s 2025 GDP growth forecast to 1.2 per cent, citing...
On 8 April 2025, Companies House introduced identity verification for those who make filings on behalf of a...
How much State Pension you get depends on your National Insurance (NI) record when you reach the State...
It is not uncommon for directors of a company to take loans from the business during each financial...