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 […]
Month: September 2025
Spotlight on umbrella companies
While there is no legal definition, Umbrella Companies’ is a term used to describe Employment Intermediaries that employ temporary workers who go […]
Vat error correction
Form VAT652 (Error Correction) was withdrawn on 8 September 2025. The form was used to notify HMRC of VAT return errors that […]
Sideways loss relief disallowed
In a recent First Tier Tribunal case, Charlotte MacDonald v HMRC, a taxpayer was denied sideways loss relief for losses that she […]
Advisory fuel rates for company cars
The table below sets out the HMRC advisory fuel rates from 1 September 2025. These are the suggested reimbursement rates for employees’ […]
Diary of main tax events October / November 2025
Date What’s Due 1 October Corporation Tax for year to 31/12/2024, unless quarterly instalments apply 5 October Deadline for notifying HMRC of […]
Stocks and Shares ISAs – How to unlock better returns
With interest rates softening and inflation eating into savings, many savers are asking whether a Stocks and Shares ISA could deliver better […]
Is the triple lock state pension enough? Time to top up
The triple lock, which guarantees the State Pension rises each year by the highest of inflation, average earnings growth of 2.5 per […]
Could your life insurance policy expose you to Inheritance Tax?
Life insurance is often taken out to provide financial security, but many policyholders in the UK may be overlooking a costly oversight: […]
Are you prepared for the landmark change to payrolling Benefits in Kind?
From 2027, Benefits in Kind (BIK) must be processed through payroll, just like salaries. TWP Accounting can help you get ready. Download […]
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