In 2025, the UK tax landscape witnessed a significant shift as HMRC reinstated its power to access taxpayer bank accounts through Direct Recovery of Debts (DRD). This measure targets individuals and businesses that owe £1,000 or more in unpaid taxes…
When managing business finances in the UK, understanding how tax payments are processed is critical. One key system you may come across is the HMRC NDDS, a secure and automated method for paying taxes such as Corporation Tax, VAT, and…
Ever noticed “HMRC SDDS” listed on your bank statement and wondered what it meant? This transaction is a legitimate payment collected by HM Revenue and Customs (HMRC) through the Secure Direct Debit Service (SDDS). Designed to streamline employer tax payments…
Have you ever wondered if your standing order will still go through if it’s scheduled on a weekend? This is a common question for many in the UK who rely on standing orders for regular payments like rent, subscriptions, or…