Blog
E‑invoicing is coming – what should SMEs be doing now?
E‑invoicing is often talked about as a future HMRC requirement. In reality, it is already becoming a planning issue for many UK SMEs. The government has confirmed that VAT invoices will need to be issued as e‑invoices from April 2029, but the detailed standards and...
Director’s loans: How to stay clear of unwanted tax charges
Understanding how director’s loans work is key for any business owner. While they offer flexibility, failing to apply the correct tax treatment or leaving balances outstanding can lead to unexpected costs. If you’ve ever taken money out of your company that wasn’t a...
Great British Summer Savings: What It Means for Families
The government’s Great British Summer Savings initiative, announced last month, aims to help families manage summer living costs, especially those with children. From 25 June to 1 September 2026, a temporary 5% VAT rate will apply to selected leisure and hospitality...
Giving to charity – are you making the most of the tax reliefs?
Donating to charity is something many people do regularly, but the tax reliefs available are often misunderstood or underused. With the right approach, charitable giving can be both rewarding and tax‑efficient. There are several reliefs available in the UK,...
A Long-Overdue Boost to HMRC Mileage Rates — What It Means for You
There’s finally some good news for anyone who uses their own car for work. After being frozen for more than 15 years, the UK government has confirmed a long-awaited increase to HMRC’s Approved Mileage Allowance Payments (AMAPs). Announced by Chancellor Rachel Reeves...
Are you receiving dividends from your company?
The government considers the risk of error and tax evasion to be highest in ‘close companies’. In such cases, the legal distinction between the company and its ‘participators’ is sometimes misunderstood, and the level of control can enable tax avoidance. A...
Agricultural Relief and Business Relief: Where are we now?
There have been lots of changes to Agricultural Relief (formally Agricultural Property Relief) and Business Relief (formally Business Property Relief) since our last article in November 2024. After many months of consultation, significant reforms to Agricultural...
Do I still need a Limited Company?
Incorporating a business once profits reached a certain level used to be a given. Today, the conversation is more nuanced, and some existing company owners may be asking themselves, “Do I still need a limited company?” or “Should I disincorporate? With the increased...
2026 / 2027 UK Tax Changes
Find out everything you need to know about the Tax Rates applicable to the 2026/2027 Tax Year. From Income Tax allowances, National Insurance and dividend tax changes for individuals, to Vehicle and Fuel Benefits‑in‑Kind, UK company taxation, capital allowances,...
Great British Summer Savings: What It Means for Families
The government’s Great British Summer Savings initiative, announced last month, aims to help families manage summer living costs, especially those with children. From 25 June to 1 September 2026, a temporary 5% VAT rate will apply to selected leisure and hospitality...
Giving to charity – are you making the most of the tax reliefs?
Donating to charity is something many people do regularly, but the tax reliefs available are often misunderstood or underused. With the right approach, charitable giving can be both rewarding and tax‑efficient. There are several reliefs available in the UK,...
Agricultural Relief and Business Relief: Where are we now?
There have been lots of changes to Agricultural Relief (formally Agricultural Property Relief) and Business Relief (formally Business Property Relief) since our last article in November 2024. After many months of consultation, significant reforms to Agricultural...
2026 / 2027 UK Tax Changes
Find out everything you need to know about the Tax Rates applicable to the 2026/2027 Tax Year. From Income Tax allowances, National Insurance and dividend tax changes for individuals, to Vehicle and Fuel Benefits‑in‑Kind, UK company taxation, capital allowances,...
Beware of Scammers – Stay Safe Online
We want to make you aware of a recent increase in phishing scams and take this opportunity to remind all our clients to stay extra vigilant. Over the past few months, we have seen a significant rise in fraudulent emails and phone calls claiming to be from HMRC. These...
Extracting Dividends from Your Company Ahead of the April 2026 Dividend Tax Rise
If you are a shareholder, from 6 April 2026, the tax you pay on dividends is increasing from 8.75% to 10.75% for basic rate taxpayers from 33.75% to 35.75% for higher rate taxpayers Those of you who pay dividend tax at the additional rate,...
Meet Our Team: A Tax Executive Who Loves Getting the Details Right
At CKLG, our people are at the heart of everything we do. This month, we’re excited to introduce Raven, one of our talented Tax Executives, whose meticulous approach and client-first mindset ensures a smooth and stress-free tax season for every client. ...
Disposing of a UK Residential Property? What You Need to Know About 60‑Day CGT Reporting
When you sell a UK residential property for more than you paid for it, you’ll normally need to report the profit (your capital gain) to HMRC within 60 days of completion and pay any Capital Gains Tax (CGT) owed. However, there is a helpful exception that could defer...
Preparing for the New Tax Year: What employers need to know?
The end of the 2025/26 tax year will soon be here, which means a few additional tasks to carry out on your payroll, if you run one. If you run a payroll, you will need to report information on the tax year that is ending on 5 April 2026 to HM Revenue and Customs...
E‑invoicing is often talked about as a future HMRC requirement. In reality, it is already becoming a planning issue for many UK SMEs. The government has confirmed that VAT invoices will need to be issued as e‑invoices from April 2029, but the detailed standards and... Understanding how director’s loans work is key for any business owner. While they offer flexibility, failing to apply the correct tax treatment or leaving balances outstanding can lead to unexpected costs. If you’ve ever taken money out of your company that wasn’t a... There’s finally some good news for anyone who uses their own car for work. After being frozen for more than 15 years, the UK government has confirmed a long-awaited increase to HMRC’s Approved Mileage Allowance Payments (AMAPs). Announced by Chancellor Rachel Reeves... The government considers the risk of error and tax evasion to be highest in ‘close companies’. In such cases, the legal distinction between the company and its ‘participators’ is sometimes misunderstood, and the level of control can enable tax avoidance. A... Incorporating a business once profits reached a certain level used to be a given. Today, the conversation is more nuanced, and some existing company owners may be asking themselves, “Do I still need a limited company?” or “Should I disincorporate? With the increased... Find out everything you need to know about the Tax Rates applicable to the 2026/2027 Tax Year. From Income Tax allowances, National Insurance and dividend tax changes for individuals, to Vehicle and Fuel Benefits‑in‑Kind, UK company taxation, capital allowances,... Late payments remain a major challenge for UK businesses, costing the economy an estimated £11 billion every year. Following consultation between July and October last year, the government has now published its response, outlining a range of proposed measures aimed at... How can you reduce stress when collecting what you’re owed? Late payments are a familiar frustration for small businesses, and they can quickly turn into a serious cash flow issue. While the government has signalled that further legislation may be on the way to tackle... Essential payroll tasks to tick off now The 2025/26 tax year ended on 5 April 2026, and the new 2026/27 tax year is already underway. If you run a payroll, now is an important time to check that the previous tax year has been properly closed off and that your systems...
E‑invoicing is coming – what should SMEs be doing now?
Director’s loans: How to stay clear of unwanted tax charges
A Long-Overdue Boost to HMRC Mileage Rates — What It Means for You
Are you receiving dividends from your company?
Do I still need a Limited Company?
2026 / 2027 UK Tax Changes
Government responds to late payments consultation
Three practial tips to deal with late payments
Employers: Are you ready for the new tax year?
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