New Tax Year Resolutions

The start of a new year often marks the beginning of new habits and activities, and the same is true for every business and organisation when a new tax year gets underway.  As the 2025/26 tax year starts, here are some simple steps to help freshen-up your payroll by exploring the benefits of outsourcing, to […]

Professional Passport: What is it and why does it matter?

The UK’s umbrella payroll sector doesn’t enjoy the best reputation when it comes to compliance, not helped by the ongoing existence of Mini Umbrella and unethical companies. However, Magic Umbrella offers guaranteed smart, compliant umbrella PAYE Payroll for recruiter’s temporary workforce, proven by its status as an accredited Approved Partner of Professional Passport. We lift the bonnet […]

Government launches consultation to close in on promoted tax avoidance

New tax year 2025/2026

HM Revenue & Customs (HMRC) has launched a consultation titled ‘Closing in on Promoter of Marketed Tax Avoidance’. The consultation’s key objective is to gather public feedback on proposed measures to strengthen HMRC’s ability to combat promoters and enablers or tax avoidance schemes. The government aims to make a significant impact on reducing the tax […]