Government abolishes work-from-home relief
Directors and employees claiming work-from-home tax relief will no longer be able to claim it from the start of the new tax year – 6 April 2026. Why…
Category Business News
The dividend rules are changing – Disclosure rules on tax returns and new rates
From the end of the 2025/26 tax year, 5 April 2026, you must report your dividend income accurately as part of wider personal tax reforms. Directors o…
Making Tax Digital for Income Tax is now live – What next?
For landlords and sole traders bringing in qualifying annual income over £50,000 (not including profit or dividends), Making Tax Digital (MTD) for In…
Close companies face additional reporting requirements
Further administrative changes are on the cards for close companies, as the Government seeks to gain a better understanding of previously difficult-to…
The clock is ticking down to payrolling Benefits in Kind: What employers need to know
From April 2027, all UK employers will be required to payroll Benefits in Kind (BiKs) rather than reporting them through the traditional P11D process….
Cashflow crisis: Why SMEs continue to struggle
Recent research from the Chartered Institute of Credit Management (CICM) has revealed that 82 per cent of SMEs have faced cash flow difficulties. For …
Employment Rights Act 2025 is here – How employers can prepare their payroll
The Employment Rights Act 2025 has reached the end of its parliamentary debate and is set to bring significant changes to UK Employment Law. Employers…
MTD countdown underway – Landlords and sole traders have just months left to prepare
The Making Tax Digital (MTD) for Income Tax countdown is on and landlords and sole traders who are not prepared may face costly repercussions. From 6 …
What are the upcoming changes to EIS and VCTs?
Enterprise Investment Scheme (EIS) and Venture Capital Trusts (VCTs) are both set to experience changes from April 2026, as was revealed in the Autumn…
How will HMRC changing its system of fines affect you?
Following the Autumn Budget, it is increasingly clear that the Government is toughening its approach to tax compliance. This is a break with tradition…