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.
Filing your 2025-26 self-assessment tax return
The 2025-26 tax year ended on 5 April 2026, and attention now turns to filing your self-assessment tax return. While…April 23, 2026
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When is CGT payable on gains during 2026-27
For most capital gains realised in the 2026-27 tax year, Capital Gains Tax (CGT) is reported and paid by 31…April 23, 2026
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Pay back private fuel costs and avoid tax charge
Employees who receive fuel from their employer for private use in a company car can avoid paying the car fuel…April 23, 2026
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Beware Winter Fuel Payment scams
Pensioners are being urged to stay vigilant for any Winter Fuel Payment scams. HMRC is starting to recover Winter Fuel…April 23, 2026
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Preparing for a new employment landscape in 2026/27: Further protections
Annual leave & holiday pay (effective April 2026) From 6 April, the Employment Rights Act (ERA) 2025 has introduced strict…April 20, 2026
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Interest rate outlook for 2026
The outlook for UK interest rates during 2026 remains uncertain, although current expectations suggest relative stability, with the possibility of…April 20, 2026
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Hedging against rising costs
Rising prices remain a concern for many UK business owners, particularly where energy, materials, labour and finance costs are unpredictable.…April 20, 2026
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Filing deadlines for reporting expenses and benefits
Employers providing employees with expenses or benefits in kind must comply with specific reporting, filing, and payment obligations each tax…April 16, 2026
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VAT Flat Rate Scheme – what is a limited cost trader?
The VAT Flat Rate Scheme is designed to simplify the way a business accounts for VAT and, in doing so,…April 16, 2026
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Settlor retains interest in settled property
The settlements legislation is designed to ensure that where a settlor retains an interest in settled property, the income arising…April 16, 2026
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Car and travel expenses if self-employed
If you are self-employed, it is important to understand which car and travel costs are allowable for tax purposes. You…April 16, 2026
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Tax relief when incorporating a business
When a sole trader or partnership transfers a business to a company, a chargeable gain may arise. This is calculated…April 16, 2026
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