Welcome to the April 2026 edition of Tax E-News. We hope that you find this informative. Please contact us if you wish to discuss any matters in more detail. MAKING TAX DIGITAL FOR INCOME TAX – GO LIVE! The commencement of Making Tax Digital (MTD) for income tax is now live! This is the new 2026/27 tax year regime for self-employed individuals and landlords if they have business and/or property… Read more
Welcome to the March 2026 edition of Tax E-News. We hope that you find this informative. Please contact us if you wish to discuss any matters in more detail. SPRING FORECAST During a week dominated by news of the Middle East conflict, on 3 March 2026, Chancellor Rachel Reeves presented the Spring Forecast to Parliament. The Chancellor told MPs she had “restored economic stability” as she presented the Office for… Read more
Welcome to the February 2026 edition of Tax E-News. We hope that you find this informative. Please contact us if you wish to discuss any matters in more detail. THERE’S STILL TIME FOR SOME YEAR END TAX PLANNING! With the tax/financial year end approaching, now is a good time to check that you’re making the most of the available reliefs and allowances available to you. Please talk to us if… Read more
Welcome to the January 2026 edition of Tax E-News. We hope that you find this informative. Please contact us if you wish to discuss any matters in more detail. MAKING TAX DIGITAL FOR INCOME TAX – AN UPDATE Making Tax Digital (MTD) for income tax will be mandated for a large group of self assessment taxpayers from 6 April 2026, with even more individuals being mandated in 2027 and 2028.… Read more
Welcome to the Budget 2025 edition of Tax E-News. On 26 November 2025, Chancellor Rachel Reeves presented her second Budget to Parliament. After the tax-raising budget of 2024, it had been hoped by the government that widely applicable tax increases would not be required again in 2025. However, with economic pressures continuing to apply, tax increases have been announced and these will affect the vast majority of households. Headlines included:… Read more
Welcome to the November 2025 edition of Tax E-News. We hope that you find this informative. Please contact us if you wish to discuss any matters in more detail. PLANNED INHERITANCE TAX RELIEF RESTRICTIONS FROM APRIL 2026 In Autumn Budget 2024, the Chancellor announced that restrictions to the amount of Agricultural Property Relief (APR) and Business Property Relief (BPR) will apply from 6 April 2026. APR and BPR currently give… Read more
Welcome to the October 2025 edition of Tax E-News. We hope that you find this informative. Please contact us if you wish to discuss any matters in more detail. BUDGET 2025 DATE – 26 NOVEMBER The Chancellor will deliver Autumn Budget 2025 on 26 November 2025. The content of the Autumn Budget is anticipated to address significant fiscal challenges, including potential tax rises to address the public finance deficit. Before… Read more
Fraudsters are pretending to be HMRC in texts, emails, and phone calls, offering fake refunds or threatening fines to trick people into revealing personal or banking details. If you file your own return, run a business, or receive benefits, it’s vital you know what to look out for. What HMRC scams look like Common scam formats include: Emails promising tax rebates with links to fake refund claim forms. Text messages… Read more