The latest Government statistics reveal an interesting change in the make-up of Britain's business community, with fewer businesses operating overall but an increase in the number employing staff. Figures published in November show that the UK had
More...Smaller businesses considering improvements to their cyber security may benefit from a new Government-backed discount intended to make recognised security certification more affordable. Announced on 3 November 2026, the initiative offers eligible
More...It was announced as part of the Autumn Budget 2026 measures that the government will introduce changes to the VAT treatment of passenger transport services supplied through taxi and private hire vehicle (PHV) operators. The changes will take effect
More...This is a reminder that changes to Agricultural Property Relief (APR) and Business Property Relief (BPR) came into effect from 6 April 2026, restricting the availability of 100% relief for qualifying agricultural and business assets. Under the new
More...As announced at the Autumn Budget 2026, the government is introducing a package of business rates measures to support high street businesses in England from 1 April 2027. The measures aim to reduce bills, protect jobs and support investment in the
More...The government is changing the rules on late filing penalties for individuals who fail to report a disposal of UK residential property within the statutory deadline but subsequently report it on their self-assessment tax return. The changes take
More...The Employee Share Scheme rules have been relaxed to help businesses attract, incentivise and reward employees. The changes, which take effect from 6 April 2027, will increase the value of share options available under the Company Share Option Plan
More...From October 2027, online marketplaces will become responsible for collecting and accounting for VAT on certain sales made by UK businesses through their platforms. The changes extend existing rules, which currently require online marketplaces to
More...Many might view dismissal as a ritual humiliation and seek reparations for perceived psychological damages, and so it feels natural to assume that, if a dismissal is subsequently found to be unfair, any compensation will duly reflect any personal
More...December 2026 1 December 2026 - Due date for Corporation Tax payable by companies with an accounting period ended 28 February 2026, unless the company is required to pay Corporation Tax by instalments. 7 December 2026 - VAT returns and payments are
More...Businesses planning improvements to their premises could benefit from changes to the planning system intended to reduce delays and make straightforward applications easier to process. The Government announced on 30 October 2026 that a new system
More...Ambitious businesses looking to expand may benefit from a new Government programme designed to help promising companies overcome some of the difficulties associated with rapid growth. Announced on 29 October 2026, Scale UK Connect will provide
More...The Chancellor of the Exchequer, John Healey, announced increases to the National Living Wage (NLW) and National Minimum Wage (NMW) rates, confirming that the Government has accepted in full the recommendations of the Low Pay Commission (LPC) for
More...The Autumn Budget 2026 saw no changes to the Income Tax thresholds. From next April, the personal allowance will remain at £12,570, while the basic rate limit remains £37,700 and the higher rate threshold remains £50,270 in England, Wales and
More...The Chancellor, John Healey announced changes to Capital Gains Tax (CGT) reliefs for business owners and investors as part of the Budget measures. From 6 April 2027, the lifetime limit for Business Asset Disposal Relief (BADR) will be reduced from £1
More...The Autumn Budget 2026 announced changes to the tax relief available to businesses investing in plant and machinery. The Government will increase the main rate first-year allowance to 50% for qualifying expenditure incurred from 1 January 2027, while
More...The Autumn Budget 2026 announced several measures aimed at helping drivers with the cost of fuel, business travel and electric vehicle charging. These include extending the temporary fuel duty cut, making tax-free mileage rates more generous and
More...It was announced as part of the Autumn Budget measures that the Trading Allowance will increase from £1,000 to £3,000 from 6 April 2027. The increase will help people earning small amounts from trading or other miscellaneous activities, while
More...HMRC is in the process of writing to some individuals defined as a ‘Person of significant control’ (PSC) to raise awareness of potential tax liabilities and to help ensure their self-assessment tax returns are completed correctly for 2025-26. The
More...From 6 April 2027, most unused pension funds and pension death benefits will be included in the value of a deceased person’s estate for Inheritance Tax (IHT) purposes. The changes, legislated for in the Finance Act 2026, represent a significant
More...The Construction Industry Scheme (CIS) sets out how contractors deduct tax from payments to subcontractors working in construction. Contractors must submit monthly returns to HMRC detailing payments made and deductions taken. HMRC has recently
More...HMRC is contacting individuals who have come to the UK on secondment to remind them of the rules for claiming tax relief on travel and accommodation expenses incurred when working at a temporary workplace. The letters and emails highlight two common
More...There is a welfare counselling exemption that covers the tax treatment of employer-provided welfare counselling. The exemption allows employers to provide certain counselling services to employees without creating a taxable benefit. Updated guidance
More...HMRC has published new guidance explaining the penalties that digital platform operators may face for failing to meet their tax reporting obligations. The guidance, published on 16 October 2026, clarifies how the existing rules for digital platform
More...What the announcements could mean for you and your business The Chancellor’s Budget includes changes affecting savings, property income, business disposals, payroll, pensions and the way tax is reported and paid. Some measures are new, while others
More...Smaller businesses may find it easier to compete for public sector contracts following new Government proposals intended to reduce unnecessary paperwork and simplify the process of dealing with public authorities. On 23 October 2026, the Government
More...Businesses experiencing difficulties recruiting suitably qualified employees may benefit from new Government plans to expand apprenticeships, work experience and vocational training across several important sectors of the economy. Announced on 19
More...HMRC is beginning to issue tax calculation letters (P800) and Simple Assessment notices (PA302) to collect any tax owed on bank and building society interest earned during the 2025-26 tax year. Some taxpayers may already have received a Simple
More...From 6 April 2027, employers must payroll taxable benefits in kind and expenses in real time, including company cars, car fuel, vans, van fuel, and employer-provided medical benefits. Most other benefits will become subject to mandatory payrolling
More...HMRC has introduced an automated payment process to speed up refunds for people who may have overpaid National Insurance contributions. The process has been in use since early summer, according to HMRC’s latest Agent Update. HMRC will write to
More...HMRC offers small and medium-sized enterprises (SMEs) two voluntary advance assurance services to help provide greater certainty about Research and Development (R&D) tax relief claims before they are submitted. You can choose either a new
More...New rules for Plastic Packaging Tax (PPT) will take effect from 1 April 2027, changing how businesses account for chemically recycled plastic and removing pre-consumer plastic waste as an eligible source of recycled content. Under the new rules,
More...The UK-India Double Contributions Convention (DCC), which came into force on 15 July 2026 alongside the countries’ trade agreement, aims to prevent employees and employers paying social security contributions in both countries. It reciprocally
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