Tax News

Secured the raise – Keeping an eye on your eligibility for the High-Income Child Benefit Charge


If you have been one of the lucky ones to secure a pay rise this year, be mindful that the ...

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What you need to know about your first quarterly MTD report on 7 August 2026


For sole traders, self-employed individuals and landlords with gross incomes exceeding £50,000 from self-employment or property, you are now mandated ...

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Up to two fifths of employers may withdraw salary sacrifice pensions


Employers are facing growing uncertainty over the future of salary sacrifice pension schemes following the Government’s decision to introduce a ...

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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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