On 30 October 2024, Rachel Reeves delivered her first Budget as Chancellor and the first Budget fro...
Read ArticleRTI Reporting Changes Delayed
HMRC has delayed planned changes to real-time information (RTI) reporting requirements for employee...
Read ArticleImportant New MTD Updates For Landlords
From April 2026, sole traders and landlords with a qualifying income over £50,000 will now have to...
Read ArticleChanges To The High-Income Child Benefit Tax Charge
On the 6th of April 2024, the clawback threshold for the high-income child benefit charge (HICBC) w...
Read ArticleMajor Research And Development Tax Relief Reform
Last year, the Government confirmed its intention to proceed with a single merged research and deve...
Read ArticleCash Basis Becomes Default Accounting Method
'Cash basis' is a way to work out your income and expenses for your Self Assessment tax return, if...
Read ArticleClaiming Capital Allowances In Partnerships
HMRC has clarified the rules relating to capital allowances claims in mixed partnerships, confirmin...
Read ArticleEnergy Saving Materials Relief Extended From February 2024
Following the Spring Budget 2023, HMRC began exploring how the scope of the VAT zero rate for the...
Read ArticleCompensation For Sub-postmasters Following Horizon Scandal
There are three forms of compensation being awarded to sub-postmasters following the Horizon scanda...
Read ArticlePayrolling Of Benefits To Become Mandatory
Earlier this year, HMRC announced that from April 2026, it will become mandatory to report and pay...
Read ArticleBasis Period Reform: How Will It Impact Student Finance?
Following a request from a tax reform group, HMRC and the Department of Education have confirmed ho...
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