Insights, Updates and Guidance
Our news section shares practical updates on accounting, tax regulations and financial management – written in plain language to keep you informed.
Tax to pay when you get a pension
You may have to pay Income Tax on your pension if your total annual taxable income exceeds your Personal Allowance.…October 15, 2026
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Paying the 2025-26 Child Benefit tax charge
Taxpayers who need to pay the High Income Child Benefit Charge (HICBC) for 2025-26 may be able to pay it…October 15, 2026
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New tax return requirements for company directors
Company directors who complete a self-assessment tax return should be aware of new mandatory reporting requirements that came into effect…October 15, 2026
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Business confidence rises but is it time to invest?
Business confidence across the UK is showing signs of improvement, although many smaller businesses remain reluctant to commit money to…October 12, 2026
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Late payments: Is your business at risk?
Late payment of invoices remains one of the most persistent problems facing UK small businesses, and recent research suggests the…October 12, 2026
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Corporation tax receipts pass £100 billion
HMRC’s latest Corporation Tax statistics show that receipts from corporate taxes passed £100 billion for the first time in 2025-26.…October 8, 2026
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New customs system for Northern Ireland trade
Businesses using the Trader Support Service (TSS) to move goods between Great Britain and Northern Ireland need to prepare for…October 8, 2026
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Reporting property gains
Anyone selling a UK residential property usually needs to report the disposal to HMRC within 60 days of completion. The…October 8, 2026
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Capital allowances restricted for project development costs
The tax treatment of predevelopment costs has been the subject of a recent Supreme Court decision. This is likely to…October 8, 2026
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HMRC targets undeclared medical consultancy income
HMRC is writing to individuals it believes may have failed to declare consultancy income from private healthcare providers on their…October 8, 2026
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New vaping tax now in force
A new excise duty on vaping products came into force on 1 October 2026. Vaping Products Duty (VPD) applies to…October 8, 2026
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Tax Diary November/December 2026
November 2026: 1 November 2026 - Due date for Corporation Tax payable by companies with an accounting period ended 31…October 7, 2026
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