Pensioners who have not opted out will have received the winter fuel payment for 2025/26, but HMRC can recover it if their income exceeds £35,000. Guidance on how repayments are... read more →

HMRC has reminded taxpayers that VAT return deadlines are not extended when they fall on a weekend or bank holiday. Due date reminder The due date for submitting quarterly VAT... read more →

The Chancellor has confirmed a 10p per mile increase to tax-free mileage rates for employees using their own cars for business travel, with the change backdated to 6 April 2026.... read more →

If you’re concerned or unsure about the upcoming inheritance tax changes for pensions, it’s important to be aware that scammers may try to target your savings. Changes to pensions From... read more →

Companies House identity verification is now a legal requirement for company directors, LLP members and people with significant control, known as PSCs. Introduced under the Economic Crime and Corporate Transparency... read more →

Significant changes to FRS 102 are now in effect for accounting periods beginning on or after 1 January 2026. For many businesses, these are some of the most important changes... read more →

Directors of close companies will need to provide more information on their self-assessment tax returns for 2025/26, with close companies themselves expected to report increasingly detailed data in the future.... read more →

The number of property valuations challenged by HMRC has increased by more than a fifth over the past year, driven by frozen inheritance tax thresholds and rising property prices pushing... read more →

More than 580,000 traders faced penalties for late VAT payments last year, accounting for a quarter of all VAT-registered businesses. This shows that the tougher penalty regime introduced in 2023... read more →