
Latest News
Verallo specialises in all areas of accountancy. Our expert team examines the latest news and developments that could impact your finances.
September 2, 2025
HMRC has begun contacting taxpayers who left the UK for a limited period before returning, reminding them to review their historic tax filings. Under UK tax rules, individuals who are […]
September 2, 2025
From 6th April 2026, some sole traders and landlords will need to use HMRC-compatible software to report their self-employment and property income. Even if your tax return is currently on paper […]
August 21, 2025
The UK government is currently reviewing options to reform property taxes, including Stamp Duty and Council Tax. These proposed changes aim to modernise the tax system, simplify administration, and ensure […]
August 21, 2025
Companies House has announced a major shift in how UK companies will need to file their annual accounts. From 1st April 2027, all accounts must be submitted using commercial software, […]
August 15, 2025
HMRC is expanding its efforts to ensure that only genuine business costs are claimed in self-assessment tax returns. Following a recent trial that generated over £27 million in additional tax […]
August 11, 2025
HMRC is actively contacting companies that may have incorrectly claimed marginal relief on their corporation tax returns. One of the most common reasons is missing or misreporting associated companies. Since April […]
August 1, 2025
From winter 2025/26, all pensioners in England and Wales will automatically receive the Winter Fuel Payment, a tax-free, one-off payment to support heating costs during colder months. What’s Changing? While […]
July 26, 2025
Is your ‘side hustle’ income over £1,000k? Whether it’s selling on Vinted, creating content, tutoring, or renting a spare room, if you’ve made more than £1,000 in additional income this […]
July 25, 2025
The government has confirmed that, from 6 October 2026, vehicles provided through Employee Car Ownership Schemes (ECOS) will be brought within the scope of the benefit-in-kind (BIK) regime where certain […]
July 22, 2025
From 18th June 2025, HMRC made changes to its approach to VAT recovery on pension-related costs. What’s new? Employers will now be able to reclaim all VAT on investment costs […]
July 17, 2025
If you’re self-employed or complete a self-assessment tax return, the second payment on account for the 2024/25 tax year is due by Wednesday 31st July. Many of you will have […]
July 16, 2025
Wealth tax? Not quite, but the landscape is shifting. While a formal wealth tax has not been introduced, several existing taxes are being adjusted that affect high-net-worth individuals. Here’s what […]
July 1, 2025
The UK government has confirmed a shift in how winter fuel support for pensioners will be delivered and funded. From winter 2025/26, all pensioners in England and Wales will receive […]