Posted in Tax
April 9th, 2026
HMRC is actively targeting: Online sellers Platform income (Etsy, eBay, Airbnb, etc.) Key rule reminder: £1,000 trading allowance still applies Above that → must declare What’s new: Much stricter data-sharing…
Posted in Tax
April 6th, 2026
The 2026/27 tax year marks a turning point for UK personal tax, even though headline rates remain unchanged. The biggest development is the launch of Making Tax Digital (MTD) for…
Posted in Tax
March 31st, 2026
Starts 6 April 2026 Registration is required for those mandated Applies first to: Sole traders & landlords with >£50k income What this means for your 2025/26 return: Your 2025/26 return…
Posted in Accounting, Bookkeeping, Tax
March 26th, 2026
HMRC is moving firmly toward a behaviour-based compliance system, particularly with the rollout of Making Tax Digital. The key feature is the points-based penalty regime, where repeated late submissions lead…
Posted in Tax
March 24th, 2026
Although the 2025/26 tax return looks familiar, there are several areas where taxpayers are increasingly being caught out. One of the most notable changes is the Winter Fuel Payment clawback,…
Posted in Accounting, Bookkeeping, Tax
February 23rd, 2026
Corporate tax rates are now largely settled, with the main rate at 25% and small profits rate at 19%. However, the focus has shifted from rate changes to profit extraction…
Posted in Accounting, Tax
April 7th, 2025
Changes to Capital Gains Tax (CGT) are set to impact business owners and investors, particularly those planning to sell assets. The CGT rate for Business Asset Disposal Relief (previously Entrepreneurs’ Relief) will…
Posted in PAYE, Payroll, Tax
April 7th, 2025
From 7 April 2025, recipients of the State Pension will see a 4.1% increase, bringing the new full weekly payment to £230.25. This uplift is part of the government’s ongoing…
Posted in Tax
April 5th, 2025
Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) requires businesses and landlords with qualifying income to maintain digital records and update HMRC each quarter using compatible software.…
Posted in PAYE, Payroll, Tax
April 1st, 2025
The National Minimum Wage (NMW) is increasing across all age brackets, with some of the most significant rises seen for younger workers. Workers aged 21 and over will now be entitled…
