Hansen Sweeney

An independent and forward-thinking firm of accountants, consultants and advisors, offering a full range of personalised accounting services. #USUKTax

[Hansen Sweeney @hansen_sweeney]

HMRC to use AI from British tech firm to spot fraud and tax return errors

HM Revenue and Customs has announced a 10-year, £175m deal with the British tech firm Quantexa to provide AI-powered technology to help improve its performance.

https://t.co/FJIsdRxt0G

[Hansen Sweeney @hansen_sweeney]

UK Employment Law Reforms Set for Major 2027 Shift

Businesses warned to prepare early for big 2027 #EmploymentLaw reforms, expected to reshape hiring, workforce management & retention (incl expanded unfair dismissal + tighter zero-hours contracts rules).

https://t.co/EEmXAcbIsb

[Hansen Sweeney @hansen_sweeney]

Consumer Credit Act reformed to protect consumers and support modern finance

The government will modernise the #ConsumerCreditAct for the first time in over 50 years, giving consumers clearer information and firms the flexibility to innovate.

https://t.co/5DAD2WCn9E

#finance

[Hansen Sweeney @hansen_sweeney]

Creative industry tax reliefs for Corporation Tax

Check if your creative industry company qualifies as the production company for #CorporationTax reliefs or expenditure credits.

You must include the CT600P CI supplementary page to make a valid claim.

https://t.co/Zgw0kv8vZr

[Hansen Sweeney @hansen_sweeney]

Watch out, prediction markets. The 'super apps' are coming.

Super apps are loosely defined as apps that subsume most of the reasons people look at their phones — messaging, shopping, payments, social media & news. The model is China's WeChat. #superapps

https://t.co/6fztMRNYJP

[Hansen Sweeney @hansen_sweeney]

Revolut Bank UK Ltd has received a full banking licence from the PRA, enabling the FinTech to operate as a fully authorised UK bank for the first time.

The approval allows Revolut to offer retail & business accounts, with deposits protected by the FSCS.

https://t.co/lvS3QL9Ok3

[Hansen Sweeney @hansen_sweeney]

864,000 sole traders and landlords face new tax rules in two months

Sole traders and landlords earning more than £50,000 from self-employment and property are urged to act now with two months left to prepare for #MakingTaxDigital (MTD) for #IncomeTax.

https://t.co/s3KUDEehK0

[Hansen Sweeney @hansen_sweeney]

Business investment boost with new tax relief

A new 40% permanent first-year allowance for main-rate plant/machinery is in effect. This new relief means businesses can deduct much of cost of their investment in the year, thereby cutting their tax bill.

https://t.co/TJHo9F8i6J

[Hansen Sweeney @hansen_sweeney]

Season’s greetings to all of our clients and associates. We’re wishing for a prosperous 2026 to you all.

Please note our office will be closed on 25 December 2025 through to our return on Friday, 2 January 2026.

[Hansen Sweeney @hansen_sweeney]

Making financial gifts to loved ones? Write it down or risk giving an IHT bill too

Giving gifts can be a way to pass on wealth and reduce inheritance tax bill on your estate, but do it wrong and you could leave family/friends more than they bargained for.
https://t.co/gt3ebhstPu

[Hansen Sweeney @hansen_sweeney]

UK Budget 2025 — what it means for US/UK dual taxpayers, read our latest post outlining what you need to know: https://t.co/lOFwqVmrGC

#AutumnBudget2025 #usuktax

[Hansen Sweeney @hansen_sweeney]

UK interest rates: MPC holds rates at 4%

The Bank of England’s Monetary Policy Committee has held UK interest rates at 4%. What does it mean for your money?

https://t.co/qxCwGfa9lQ via @MoneyWeek

#tax #mortgage #InterestRate #inflation

[Hansen Sweeney @hansen_sweeney]

Side hustle tax: Do you owe HMRC money?

Unpaid social media reviews could be liable for side hustle tax

Anyone who earns more than £1,000 from extra income activities may need to register for self assessment and complete a tax return, according to HMRC.

https://t.co/TQmBIwB69S

[Hansen Sweeney @hansen_sweeney]

We are delighted to share that Hansen Sweeney recently participated in the American Finance & Networking Event, organised by @AIBmagazine publishers — providing tax-related insights and networking for US persons in the UK.

https://t.co/7RuC7JvmCX

#USUKtax #tax #accountants

[Hansen Sweeney @hansen_sweeney]

We’re thrilled that we’ve won the ‘Leading Personalised US/UK Tax Service Provider 2025 – London’ award at the AI Global Excellence Awards from Acquisition International Magazine.

We’re honoured to receive this recognition of our innovative tax services.

https://t.co/Wfnbk8LGSx

[Hansen Sweeney @hansen_sweeney]

War Widows Urged to Claim Recognition Payment Before October 2025 Deadline

Families who have lost loved ones during military service are being urged to apply for the War Widows Recognition Payment Scheme before its planned closure on 15 October 2025.

https://t.co/WQEO5vK5QH

[Hansen Sweeney @hansen_sweeney]

Pension tax refunds: how to get your money back if you have been overcharged

Almost £1.5 billion has been reclaimed in pension tax overpayments since 2015. Check to see if you could be due a refund.

https://t.co/MIWcpEoGLF

#pensions #taxrefund

[Hansen Sweeney @hansen_sweeney]

Crypto users to provide accurate personal info from 1 Jan 2026 (or £300 penalty)

Check details needed to give to any services used to buy/sell/transfer/exchange cryptoassets like bitcoin/NFTs. Crypto service providers must share this data with HMRC. #tax

https://t.co/YgPk364aS0

[Hansen Sweeney @hansen_sweeney]

Research & Development Tax Relief

If you work in science and tech, Research & Development Tax Relief is available for UK companies working on innovative projects in this sector.

Check eligibility before submitting a claim.

https://t.co/bOrAbzgcCz

#taxrelief #TechInnovation

[Hansen Sweeney @hansen_sweeney]

Will chancellor Rachel Reeves reverse non-domiciled #InheritanceTax changes?

The end of the non-dom tax regime is already causing a UK wealth exodus, data suggests, but the Chancellor may make changes to soften the blow of reforms.

https://t.co/ZXWbAWPloC

#tax #nondomstatus