HMRC has spent £100 million pound on a new supercomputer, ‘Connect’, and it’s quietly studying you and your finances. The HMRC may call it ‘Connect’ but it’s more ‘Hunt’, as …
The Secret HMRC Memo Every Small Business Owner Needs to Read
Every month, HMRC quietly publishes policy papers and consultations that could reshape how the self-employed people or small businesses might pay their tax. While technically public for all to see, …
The most tax efficient year of your life: increase income without working harder
Most small business owners try to improve their finances by doing more: More hours More stress More customers (And hopefully) More turnover However, one of the biggest improvements to your …
HMRC Just Turned Your Van Into a Car (And It Could Cost You Thousands)
If you own a van for work, and in particular a crew cab (double cab) pickup, HMRC might have just quietly reclassified it as a car without informing you. We’ve …
Last Minute Savings for 2025-26 Tax Year
With the end of the tax year fast approaching, it’s time to check if you can grab some of the last minute tax savings on offer. The team at Heelan …
What if I can’t pay my 2026 tax bill?
So you’ve got your tax bill for the year and realise you can’t pay it (or at least, not all in one go).That bill can be for your personal ‘self …
Making Tax Digital: Self Employment is CHANGING from 2026
Making Tax Digital (MTD) is on its way! If you are self-employed or a landlord, there are MASSIVE changes you will need to deal with when MTD comes into play …
Business Gifts: How do they work?
A business gift isn’t just for Christmas or birthdays. You can give corporate gifts at any time of year, but how do business gifts work from the HMRC’s point of …
Last Minute Tax Saving Checklist
The tax year end is fast approaching. You want some last-minute tips to save some tax. But what can you do yourself – and how will it potentially save you …
When do I need to do a tax return?
For new business owners, knowing when you need to do a tax return is a worry. This short blog answers this question from a newly self-employed person’s point of view. …
Tough decisions and black holes: what do we know about tax rises?
With the media full of speculation about how the government might look to correct the ‘£22billion black hole’ they claim to have inherited, many of the business owners we work …
The Best Way to Pay Yourself From Your Limited Company: 2024/2025 edition
When you own a small business, it is crucial to know how to pay yourself in the most beneficial way from a tax point of view. To be honest, get …