Blog
Capital Gains Tax – A Spotlight
Our September 2026 Spotlight Report focuses on Capital Gains Tax (CGT). A capital gain arises when you sell or otherwise dispose of an asset for more than it cost you to acquire. Rather than taxing the value of the asset itself, CGT is charged on the profit, or gain,...
VAT Capital Goods Scheme Rules Change
Revised VAT Capital Goods Scheme rules came into force on 29 July 2026, raising the expenditure threshold for property related assets and removing computer equipment from the scheme. The Capital Goods Scheme requires the VAT for very expensive, long-lived assets to...
HMRC reminds parents to use the Tax-Free Childcare Scheme
HMRC is reminding working parents about the Tax-Free Childcare scheme, which can help eligible families meet the cost of nurseries, childminders, holiday clubs, breakfast clubs and after-school clubs. The campaign may also be of interest to employers in supporting...
E-Invoicing: What UK businesses should do now
From April 2029, it is becoming mandatory for all VAT invoices to be issued as e-invoices, with an aim to reduce errors, improve efficiency and streamline invoice processing for businesses. Our August 2026 spotlight explains what e-invoicing is, and what businesses...
Chancellor Announces 28 October 2026 Budget
The Chancellor of the Exchequer, John Healey, has announced that Budget 2026 will be presented on 28 October 2026. When the date was announced, the Chancellor said that the Budget will "move money and power out of Westminster, and into every postcode around Britain"....
HMRC contacts self-employed people about National Insurance gaps
HMRC is writing to some self-employed individuals whose National Insurance (NI) records may contain gaps that could affect their State Pension. If you receive a letter, don’t ignore it. In some cases, you may be able to boost your State Pension by making voluntary NI...
HMRC targets side hustle income
HMRC has launched a fresh summer campaign reminding people with "side hustles" that extra income may need to be reported for tax purposes. The announcement specifically highlights people earning income from wedding services, online selling, content creation,...
Divorce, Separation, and Tax: What you need to consider
Tax is likely not the first priority when dealing with a divorce or end of a civil partnership, Whilst the splitting of assets can appear simple, there are often hidden tax implications. Our August Spotlight focuses on the important tax points which should be...
Advisory fuel rates for company cars
The table below sets out the HMRC advisory fuel rates from 1 June 2026. These are the suggested reimbursement rates for employees' private mileage using their company car. Where the employer does not pay for any fuel for the company car, these are the amounts that can...
Capital Gains Tax – A Spotlight
Our September 2026 Spotlight Report focuses on Capital Gains Tax (CGT). A capital gain arises when you sell or otherwise dispose of an asset for more than it cost you to acquire. Rather than taxing the value of the asset itself, CGT is charged on the profit, or gain,...
VAT Capital Goods Scheme Rules Change
Revised VAT Capital Goods Scheme rules came into force on 29 July 2026, raising the expenditure threshold for property related assets and removing computer equipment from the scheme. The Capital Goods Scheme requires the VAT for very expensive, long-lived assets to...
HMRC reminds parents to use the Tax-Free Childcare Scheme
HMRC is reminding working parents about the Tax-Free Childcare scheme, which can help eligible families meet the cost of nurseries, childminders, holiday clubs, breakfast clubs and after-school clubs. The campaign may also be of interest to employers in supporting...
Chancellor Announces 28 October 2026 Budget
The Chancellor of the Exchequer, John Healey, has announced that Budget 2026 will be presented on 28 October 2026. When the date was announced, the Chancellor said that the Budget will "move money and power out of Westminster, and into every postcode around Britain"....
HMRC contacts self-employed people about National Insurance gaps
HMRC is writing to some self-employed individuals whose National Insurance (NI) records may contain gaps that could affect their State Pension. If you receive a letter, don’t ignore it. In some cases, you may be able to boost your State Pension by making voluntary NI...
HMRC targets side hustle income
HMRC has launched a fresh summer campaign reminding people with "side hustles" that extra income may need to be reported for tax purposes. The announcement specifically highlights people earning income from wedding services, online selling, content creation,...
Divorce, Separation, and Tax: What you need to consider
Tax is likely not the first priority when dealing with a divorce or end of a civil partnership, Whilst the splitting of assets can appear simple, there are often hidden tax implications. Our August Spotlight focuses on the important tax points which should be...
A UK Crypto Asset Tax Catch-Up for 2026
In 2026, significant changes to how UK resident crypto asset activity is monitored has been introduced. Like other financial institutions (such as banks, building societies), UK-based crypto asset service providers are required to report tax-relevant information...
Have you received an unexpected Self-Assessment Notice for 2024/25?
Due to improvements in data received from banks and building societies, HMRC is increasingly able to identify individuals whose interest income exceeds £10,000. As a result, HMRC has automatically registered some individuals for Self-Assessment and have issued notices...
Revised VAT Capital Goods Scheme rules came into force on 29 July 2026, raising the expenditure threshold for property related assets and removing computer equipment from the scheme. The Capital Goods Scheme requires the VAT for very expensive, long-lived assets to... HMRC is reminding working parents about the Tax-Free Childcare scheme, which can help eligible families meet the cost of nurseries, childminders, holiday clubs, breakfast clubs and after-school clubs. The campaign may also be of interest to employers in supporting... From April 2029, it is becoming mandatory for all VAT invoices to be issued as e-invoices, with an aim to reduce errors, improve efficiency and streamline invoice processing for businesses. Our August 2026 spotlight explains what e-invoicing is, and what businesses... The table below sets out the HMRC advisory fuel rates from 1 June 2026. These are the suggested reimbursement rates for employees' private mileage using their company car. Where the employer does not pay for any fuel for the company car, these are the amounts that can... Companies House will introduce changes to accounts filing due to governmental reforms under the Economic Crime and Corporate Transparency Act 2023 (ECCT Act 2023). The changes will now come into effect from April 2028, rather than April 2027, to give companies more... Running multiple companies might make commercial sense, but for corporation tax, HMRC may effectively treat them as connected for tax purposes. In July, this spotlight focuses on the potential tax implications for associated companies, and how to protect your... PAYE Settlement Agreement (PSAs) PSAs are an agreement between an employer and HMRC to settle the Income Tax and National Insurance on some employee benefits. The deadline for applying for a PSA or amending an existing PSA is 5 July 2026, for 2025-26. P11D Expenses... In July, one of our monthly spotlights focuses on salary sacrifice schemes, their benefits, what to consider and how these are changing in the coming years. Below focuses on the highlights, but you can find the whole report here. Salary sacrifice refers to an... The announcement of mandatory payrolling for Benefits In Kind was originally expected to start in April 2027, but following industry pressure, it will now be introduced in two phases. Phase 1 will be rolled out from 6 April 2027 and applies to company cars, car...
VAT Capital Goods Scheme Rules Change
HMRC reminds parents to use the Tax-Free Childcare Scheme
E-Invoicing: What UK businesses should do now
Advisory fuel rates for company cars
Companies House to bring in changes to accounts filing from April 2028
Associated Company Rules: Protecting your Corporation Tax Thresholds
Upcoming HMRC reporting deadlines
Salary Sacrifice in 2026/27
Benefits in Kind Payrolling to become mandatory
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