Tax News

Bank and building society interest – What needs to be reported under Self Assessment?


HMRC has confirmed it is changing the way it will handle tax on bank and building society interests. What has ...

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Could the Autumn Budget hold big changes to the taxation of partnerships?


With the November Budget just weeks away, one rumour appears to be gaining more traction than others. Media reports suggest ...

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Family businesses most exposed to 2026 IHT reforms


In the October 2024 Budget, the Government confirmed reforms to Inheritance Tax (IHT) that will take effect from April 2026. ...

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Chancellor’s speech makes tax rises all but inevitable, warns Moore Thompson


Accountants at Moore Thompson have warned that tax rises now appear “virtually guaranteed” following Chancellor Rachel Reeves’ latest speech to ...

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Are you prepared if a pension scheme return comes your way?


As well as submitting your tax returns and running payroll through HM Revenue and Customs (HMRC), the regulatory body may ...

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Making Tax Digital – Understanding the new penalty regime


With just six months to go before the first round of Making Tax Digital (MTD) for Income Tax gets rolled ...

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New shareholder dividend reporting requirements are fast approaching


The 2025/26 financial year will bring new reporting requirements for UK resident directors of close companies, who are required to ...

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Inheritance Tax investigations increase: Have you protected your estate?


Inheritance Tax (IHT) investigations are on the rise, increasing by a staggering 41 per cent in the tax year 2024/25. ...

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Just over half a year left to prepare for MTD for Income Tax – Act now


The Government’s Making Tax Digital (MTD) for Income Tax is now only a matter of months away. It is important ...

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