From April 2026, the main rate of writing down allowances (WDA) will reduce from 18% to 14%, with different effective dates for corporation tax and income tax. Where accounting periods […]
HMRC has reinforced its existing guidance to charities setting out when VAT registration becomes mandatory. While many charitable organisations benefit from specific VAT reliefs, the guidance underlines a key point: […]
The UK government has signalled a review of mileage allowance rates, a move that could bring financial relief to millions of workers who rely on their vehicles for business travel. […]
As the 30th April 2026 ATED filing deadline approaches, corporate owners of UK residential property should take the opportunity to review their position under the Annual Tax on Enveloped Dwellings […]
The UK government has launched a consultation outlining plans that would require close companies to disclose expanded information on financial dealings with their participators to HMRC. The proposals are aimed […]
With the end of the UK tax year fast approaching on 5th April, now is the time to take stock of your financial position and ensure you are making the […]
The 31st March deadline is a key date for those within the scope of the Annual Tax on Enveloped Dwellings (ATED) regime. By this point, any amendments to previously submitted […]
Employers reviewing how they report Benefits in Kind (BIK) should note an important deadline. Businesses wishing to payroll benefits for the 2026/27 tax year must register with HMRC by 5th […]
HMRC has published the updated advisory fuel rates that employers and payroll teams should apply to company car mileage reimbursements or private fuel repayments from 1st March 2026. These revised rates help […]
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