What happens when you underpay tax?
The new tax year has recently begun and it is a time when businesses and individuals will need to review their position to ensure that… Read More »What happens when you underpay tax?
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Charlie Flockhart
As energy costs rise, is now the time for your business to go green?
As the conflict in the Middle East disrupts the global economy, many businesses are eyeing their energy bills with dread.
Read More »As energy costs rise, is now the time for your business to go green?
Do you know how to manage the increased director’s loan tax charge?
We are officially a few days into the 2026/27 tax year and directors need to be positive on how the latest reforms affect them.
Read More »Do you know how to manage the increased director’s loan tax charge?
Making Tax Digital has started – Are you ready for the first submission?
Making Tax Digital (MTD) for Income Tax has now begun, years after it was first announced and when it was due to take effect.
Read More »Making Tax Digital has started – Are you ready for the first submission?
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 company’s tax returns. As of… Read More »Company tax returns and accounts have gone digital
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 in eligible expenditure – typically… Read More »Capital allowances – New rules for a new tax year
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… Read More »Government abolishes work-from-home relief
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.… Read More »The dividend rules are changing – Disclosure rules on tax returns and new rates
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 Income Tax is… Read More »Making Tax Digital for Income Tax is now live – What next?
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-distinguish transactions. Close companies… Read More »Close companies face additional reporting requirements
