by cklg | Jan 22, 2026 | Business Services, Tax Advice
The Chancellor, Rachel Reeves, has asked the Office for Budget Responsibility (OBR) to publish an economic and fiscal forecast on 3 March 2026, which will be accompanied by a statement to Parliament. As outlined in the Budget, this Spring forecast will provide an...
by cklg | Jan 13, 2026 | Business Services, Tax Advice
In a surprise announcement just before Christmas, the government announced a major change to Agricultural Property Relief (APR) and Business Relief (BR) reforms that will take effect from 6 April 2026. The full 100% relief from Inheritance Tax (IHT) will now apply to...
by cklg | Jan 12, 2026 | Business Services, Tax Advice
Starting Spring 2026, HMRC will significantly reduce the number of paper letters it sends, accelerating its transition to digital communication. Email alerts will replace automatic postal letters, directing taxpayers to view new documents in their personal tax account...
by cklg | Dec 22, 2025 | Tax Advice
In 2026, UK resident crypto asset users will see a major change in how their activity is monitored. Any UK-based crypto asset service providers, such as exchanges or wallet platforms, will be required to report tax-relevant information about their customers directly...
by cklg | Dec 1, 2025 | Business Services, Tax Advice
Updates are continuing to come through on HMRC’s ‘Making Tax Digital for Income Tax’ (‘MTD for IT’) initiative. It will initially apply from 6 April 2026 for sole traders and property landlords who generated gross trade and rental income (‘qualifying income’) of more...
by cklg | Nov 27, 2025 | Business Services, Tax Advice
After months of anticipation, Rachel Reeves has finally delivered her long-awaited budget. Yesterday, the Chancellor unveiled the November 2025 Budget. While it wasn’t the worst-case scenario many had feared or spent weeks preparing for, one thing is certain: the tax...
