After lots of speculation, Making Tax Digital for Income Tax arrived last April. It impacts landlords and self employed people … although only those with over £50,000 of qualifying income…
Read More
Do you run a limited company? Here’s an important update for you … The planned overhaul of Companies House accounts filing has officially been postponed by a year, giving businesses…
HMRC has a growing interest in your investments. Why? To increase its income from Capital Gain Tax. Capital Gains Tax (CGT) receipts have surged to £24.3bn in 2025/26. This is…
A temporary reduction in VAT on some summer holiday items is here! It was announced by the government as part of its “Great British Summer Savings” campaign. It aims to…
After 15 years without a change, the Government has finally increased the approved mileage allowance rate for business drivers. From the 2026/27 tax year, the HMRC mileage rate for cars…
Big changes about expenses and benefits reporting are on the horizon. With this in mind, now is the perfect time to review and refresh your reporting processes. What are Benefits…
If you’re a sole trader or landlord, there’s a tax change that you simply can’t ignore. Making Tax Digital (MTD) for Income Tax started on 6 April 2026, changing how self…
Rachel Reeves’ Spring Statement didn’t arrive with the fanfare of anticipation of her Autumn Budget. Delivered on 3 March 2026, it was more of a temperature check than a grand…
If you’re enjoying the National Insurance (NI) savings from pension salary sacrifice, brace yourself. Big changes are coming. They don’t arrive until April 2029, but NOW is the time to…
If you’ve sold shares, a second property, cryptocurrency or other assets since last autumn, this is one of those years where a little extra attention really matters. In October 2024,…
