Changes to company accounts on the horizon
Big changes from Companies House from 1 April 2027: digital filing only, fewer options for small firms, and more financial info made public.
Big changes from Companies House from 1 April 2027: digital filing only, fewer options for small firms, and more financial info made public.
Is now the right time to become a landlord? Explore the pros, cons, and key market shifts shaping the current buy-to-let landscape.
New HMRC guidance helps salon owners clarify employment vs self-employment when renting out chairs – vital for avoiding tax issues.
Over-relying on AI in a tax appeal backfires, as tribunal highlights the need for human checks when challenging HMRC decisions.
Make tax-efficient lifetime gifts with IHT exemptions like annual, spousal and surplus income rules to reduce inheritance tax.
Nearly a third of sole traders are unaware of Making Tax Digital, with many more unprepared for the 2026 rollout deadline.
In June, HMRC begins sending out simple assessments. They will come as a surprise to many recipients. From June 2025, HMRC will begin to issue simple
Rising interest rates and frozen allowances mean more savers owe tax, HMRC warns taxpayers to check and report unpaid interest promptly.
From autumn 2025, identity checks will be mandatory for directors and PSCs, verify early via GOV.UK, Post Office or a service provider.
Mandatory payrolling of most benefits is delayed to April 2027, employers can use P11D for now but must prepare for real-time tax changes.
Statutory Sick Pay reforms from 2025 will scrap waiting days and the earnings threshold, employers must prepare for higher costs and risks.
From April 2026, IHT relief on business and agricultural property will be capped at £1m, with complex new rules for lifetime gifts.