Tax News

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 ...

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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 ...

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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 ...

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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 ...

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Capital allowances – New rules for a new tax year


Capital allowances continue to provide an effective method for businesses to reduce their tax bills, by providing incentives for investment ...

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Company tax returns and accounts have gone digital


HMRC and Companies House have confirmed that from 1 April, all businesses must use compliant, commercial software to file their ...

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The final countdown: Is this your last chance to get ready for MTD for Income Tax?


With just a few weeks before Making Tax Digital (MTD) for Income Tax comes into effect on 6 April, the ...

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New tax year – What is changing?


The new tax year is just a few weeks away, starting on 6 April, so allow us to refresh your ...

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Spring Statement 2026


Going into the latest Spring Statement, the Chancellor made it very clear that this would not be a full fiscal ...

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