Day: April 8, 2025

HMRC hikes late payment fees: what are the new rates?

There’s yet more bad news for SMEs on the financial front as the new tax year rolls around. As of April 6, HM Revenue & Customs (HMRC) has reportedly increased the interest rate paid on late tax payments in a bid to encourage self-assessment taxpayers to pay on time. In this guide, we’ll break down…

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‘Thanks, I got it off TikTok’ — the top products that are taking off on social media

Social media platforms have long evolved beyond being simply a source of memes and online commentary. In 2025, Instagram, TikTok, and Facebook are now considered part of the ecommerce industry. This fusion of social media and online selling is aptly titled ‘social commerce’. Last year, research from money.co.uk finds an estimated 16.2 million social commerce…

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