Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) is being introduced progressively from 6 April 2026. If…
From 18 November 2025 Companies House identity verification will be required for new directors and persons with significant control (PSCs),…
A business that is not required to register for VAT but which opts to do so voluntarily can choose the…
Clients who have income from property will need to report it on their Self Assessment tax return unless it is…
Under Making Tax Digital for Income Tax Self Assessment (MTD for ITSA), taxpayers will need to make a final declaration…
Clients not currently within Self Assessment who had a new source of income in 2024/25, such as income from self-employment…
Taxpayers with Simple Assessment debts can now set up a Time to Pay arrangement to enable them to pay what…
Employers with a PAYE Settlement Agreement (PSA) in place for 2025/25 will need to calculate what they owe and pay…
As the start date for Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) draws ever closer, it…
An employee car ownership scheme (ECOS) is a set of arrangements whereby employees acquire cars from a specified or single…
The tax regime for furnished holiday lettings came to an end on 5 April 2025. For 2025/26 and later tax…
Jointly owned holiday lets The special tax regime for furnished holiday lettings (FHLs) came to an end on 5 April…
CGT adjustment for 2024/25 The capital gains tax rates were increased with effect from 30 October 2024. From that date,…
The start date for mandatory payrolling has been delayed by one year. It will now come into effect from 6…
If you run your business through a company, you will need to extract your profits if you want to use…
The tax year basis applies from 2024/25 onwards. This means that if you run an unincorporated business, you will be…
Start dates Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) applies from 6 April 2026 to unincorporated…
The second payment on account for the 2024/25 tax year is due by 31 July 2025. You will need to…
Most taxable benefits are liable to Class 1A National Insurance. This is an employer only charge. The Class 1A rate…
Sarah Bradford explains how expenses and benefits should be reported to HMRC and look ahead to mandatory payrolling Employer…
November 2025 1 November Corporation tax due for companies with a 31 January 2025 year end. 2 November P46 (car)…
Sarah Bradford explores tax-efficient options for taking profits out of a personal or family company. The 2025/26 tax year starts…