Posted 03/06/2026 Companies House and the Intellectual Property Office (IPO) are asking businesses to take special care of misleading requests for payment sent by fraudulent organisations. Invoices are being sent to companies that request payment for Companies House and IPO services. They may be posted to a company’s registered office address or sent by email.…Read More
Posted 02/06/2026 The Chancellor of the Exchequer last week announced a 10p per mile increase in the tax-free mileage rate that applies to the first 10,000 business miles travelled in a car or van in a tax year. The increase, which has been backdated to April 2026, means that the rates for the 2026-27 tax…Read More
Posted 01/06/2026 The government has announced a temporary reduced rate of VAT for children’s meals in restaurants and family leisure activities over the summer. VAT will be reduced from 20% to 5% between 25 June and 1 September 2026 for qualifying activities as the government tries to ease pressure on household budgets and promote activity…Read More
The deadline for filing your 2025/26 personal tax return is not until 31/01/2027, but there are several benefits to filing early, including: If you would like help in preparing and filing your 2025/26 tax return, please do get in touch. We would be happy to help you! For further updates, please follow us at:
Posted 20/04/2026 With Making Tax Digital (MTD) for Income Tax coming into force from 6 April 2026, HM Revenue & Customs (HMRC) have been writing to taxpayers over recent weeks to tell them that they are being mandated into the regime. MTD became mandatory from 6 April 2026 for sole traders and landlords with a…Read More
Posted 13/04/2026 At one time, incorporating a business once profits reached a modest level was almost the default advice. Today, the conversation is more nuanced, and some existing company owners may even be asking themselves, “Do I still need a limited company?” The question may be prompted by rising tax bills caused by reductions to…Read More
Posted 07/04/2026 If you have been running a business for a while, maybe as a sole trader or in a partnership, you may have heard someone say, “You should incorporate”. Sometimes that is well-meaning advice, but is it true that incorporation is the smart move for all business owners? Let’s look at some of the…Read More
Posted 27/02/2026 A new website has been launched by the Department for Business and Trade (DBT) offering practical guidance and support on the changes that the Employment Rights Act will introduce and what they can do to get ready. The website provides details of upcoming changes, including several that come into force from April 2026.…Read More
Posted 25/02/2026 With just a few weeks to go until the beginning of a new tax year, a new round of tax changes take effect from April 2026. While many people won’t see a big difference in their day-to-day tax position, there are some areas worth having on the radar. Here is a run-through of…Read More
Posted 23/02/2026 HM Revenue & Customs has started using GOV.UK One Login for taxpayers signing up to its digital services for the first time. This means that if you do not already have a Government Gateway account, you will now register using an email-and-password login rather than needing to obtain a 10-12 digit Government Gateway…Read More
Welcome to the Budget 2025 edition of Tax E-News. On 26 November 2025, Chancellor Rachel Reeves presented her second Budget to Parliament. After the tax-raising budget of 2024, it had been hoped by the government that widely applicable tax increases would not be required again in 2025. However, with economic pressures continuing to apply, tax…Read More
posted 24/11/2025 For many sole traders and small business owners, reviewing their accounting system only happens when something forces the issue. For instance, many sole traders are currently looking at whether their accounting system meets the requirements for Making Tax Digital for Income Tax. However, even without a regulatory change, reviewing your accounting systems can…Read More
Posted 17/11/2025 HM Revenue and Customs (HMRC) are writing to some taxpayers to tell them what they need to do to get ready for the new Making Tax Digital rules that come into force next April. What is Making Tax Digital? Making Tax Digital for Income Tax is a new way for sole traders and…Read More
Posted 12/11/2025 People making money from online sales, Christmas crafts, or seasonal market stalls are being urged to check if they need to tell HMRC about their earnings. Platforms such as Etsy, Vinted, eBay and even media platforms such as Instagram, are now required to report seller earnings to HMRC. HMRC’s Help for Hustles…Read More
Posted 10/11/2025 From 18 November 2025, identity verification with Companies House will start to be required for company directors and People with Significant Control (PSCs). The measure is intended to improve the reliability of information on the UK’s company register and support efforts to reduce economic crime. When to verify The specific date by which…Read More
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