News

The new VAT road fuel scale charges applicable from 1 May 2025 to 30 April 2026 have been published. The ...
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From April 2025, holiday lets lose their special tax treatment. Landlords must prepare for new Income, Capital Gains, and Corporation ...
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A reminder that increases to the rate of National Insurance contributions (NICs) that are paid by employers came into effect ...
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MTD for Income Tax kicks off in April 2026 for those earning over £50k. Digital records, quarterly updates, and tougher ...
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Skip the phone queues. Your Personal Tax Account lets you manage everything from tax codes to refunds online. Quick, secure, ...
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From April 2025, more low-income workers on Universal Credit can join Help to Save. Save up to £50/month and get ...
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A school inspector dismissed for brushing water off a pupil’s head won his unfair dismissal claim against OFSTED. Mr. Hewston ...
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Redundant? You could receive up to £30,000 tax-free, whether it’s statutory pay or a better deal from your employer. Know ...
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Swapped an old fridge or carpet in your rental property? Landlords can claim tax relief on replacing domestic items – ...
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Have you set up a suggestion scheme for ideas that could save or earn you money? Employee suggestion schemes can ...
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Use a company car for personal trips? Avoid a hefty tax charge by reimbursing your employer for private fuel by ...
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Struggling with unpaid invoices? If you've paid VAT to HMRC but never received payment from your customer, you may be ...
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Want to make the most of your pension savings? You could claim up to 45% tax relief on contributions, plus ...
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The UK government has announced a record-breaking £13.9 billion in research and development (R&D) funding for the coming year. This ...
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The UK’s Business and Trade Secretary, Jonathan Reynolds, has set out the government's position following the United States' recent imposition ...
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1 May 2025 - Due date for corporation tax due for the year ended 30 July 2024. 19 May 2025 ...
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Kau Media Group (KMG) Ltd. sought to enforce two post-termination employment restriction (PTRs) contained in a contract of employment to ...
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Small gifts can mean big tax savings! Use the trivial benefits exemption in 2025–26 to reward employees with non-cash perks ...
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From April 2025, updated ATED rates apply to residential properties held by companies and other Non-Natural Persons (NNPs). Make sure ...
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Do you know what your 2025–26 tax code means? It affects how much tax is taken from your pay or ...
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Tax thresholds frozen till 2028? That’s fiscal drag in action – more tax paid without rate rises. It’s a stealthy ...
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Minimum wage rates rose on 1 April 2025. NLW now £12.21, and big increases for younger workers too. Make sure ...
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Child Benefit has risen for 2025–26: £26.05 for eldest, £17.25 for others. Claim continues to age 20 in approved education ...
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Gross profit is one of the clearest indicators of how well your business is performing. It’s the amount left after ...
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Supply line interruptions can be a nightmare for any business. Whether it’s a delay in deliveries, a shortage of materials, ...
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If you're facing financial difficulties and owe tax, HMRC’s Time to Pay service may offer breathing space. From self-assessment to ...
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Business Asset Disposal Relief (BADR) provides a reduced Capital Gains Tax (CGT) rate on the sale of a business, shares ...
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New rules under the Economic Crime and Corporate Transparency Act mean identity checks will soon be required at Companies House ...
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Following the Spring Statement, HMRC is inviting feedback on the idea of expanding the use of advance clearances for R&D ...
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HMRC has launched a campaign targeting informal money transfer networks like Hawala, aiming to combat money laundering and protect communities ...
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HMRC has announced that interest rates for late payments will increase by 1.5% for all taxes starting 6 April 2025 ...
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In March 2025, the Pubs Code Adjudicator (PCA) wrote to all pub-owning businesses to reinforce the importance of complying with ...
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​As of 31 March 2025, new regulations have come into effect in England, requiring workplaces to adopt simplified recycling practices ...
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Gift Hold-Over Relief lets you defer Capital Gains Tax when giving away business assets or qualifying shares. It can be ...
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If your employee is called for jury service, you must allow them time off—but you're not required to pay them ...
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Not all LLP members are taxed as partners. HMRC may treat them as employees if they meet certain conditions. Here's ...
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Making Tax Digital for Income Tax (MTD for IT) will become mandatory in phases from April 2026. If you’re self-employed ...
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Couples who jointly own rental property are usually taxed 50:50, even if they own different shares. But if you're married ...
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Juggling higher education and parenting? Childcare Grants can ease the pressure by covering up to 85% of your childcare costs ...
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Student Loans help cover the cost of university or college in the UK. Whether you're full-time, part-time, or heading into ...
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Spring Statement 2025: Key Tax Measures and Modernisation Initiatives Chancellor Rachel Reeves’ Spring Statement 2025, delivered on 26 March, arrived ...
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Asking your bank for a business loan can feel daunting, but it doesn’t have to be. With the right preparation, ...
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Recessions can be tough on small businesses, but they do not have to spell disaster. With some smart thinking and ...
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Did you know you may be eligible for tax relief on professional fees and subscriptions? If your membership is required ...
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Since April 2020, landlords can no longer deduct mortgage interest as an expense. Instead, tax relief is capped at 20% ...
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When selling a business, the Transfer of a Business as a Going Concern (TOGC) rules can allow the transaction to ...
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If you are self-employed as a sole trader or a partner in a business partnership, you are required to maintain ...
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When selling assets on which capital allowances were claimed, you may need to adjust your taxable profits with a balancing ...
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