MTD for Income Tax – FAQs
Making Tax Digital for Income Tax (MTD for IT) will be introduced from 6 April 2026. Below are some frequently asked questions […]
Month: April 2025
Changes to the taxation of non-UK domiciled individuals
From 6 April 2025, a new regime for the taxation of UK resident non-domiciled individuals came into effect. HMRC have published a […]
Holiday lettings and property
The Furnished Holiday Lettings (FHLs) regime was abolished on 6 April 2025. What does the abolition mean for your holiday letting property? […]
Diary of main tax events May / June 2025
Date What’s Due 1 May Corporation Tax for year to 31/07/2024, unless quarterly instalments apply. 19 May PAYE & NIC deductions, and […]
“Inflation targets achievable” says Chancellor: Investment strategies impacted
In her Spring Statement, Chancellor Rachel Reeves struck a cautiously optimistic tone as she declared the Bank of England’s two per cent […]
ISA reform could turn more savers into investors
Millions of people across the UK use ISAs to grow their savings without incurring a tax burden. But with inflation outpacing interest […]
Capital Gains Tax on investments highest in 20 years
If you have made gains on your investments recently, your Capital Gains Tax (CGT) bill may be considerably higher than in previous […]
Change to dividend reporting to affect thousands of owner-managed businesses
From 6 April 2025, many directors will need to report dividend income in much more detail in their Self-Assessment tax return. This […]
Why capital allowances should be top of your to-do list this April
The new financial year will see many of the proposed changes announced in the Autumn Budget enacted, impacting businesses across the country. […]
Should you submit your tax return at the start of this tax year?
Submitting your Self-Assessment tax return at the start of this tax year is a great way to manage your tax bill effectively. […]
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