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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...
Companies House to bring in changes to accounts filing from April 2028
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...
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...
Associated Company Rules: Protecting your Corporation Tax Thresholds
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...
Upcoming HMRC reporting deadlines
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...
Salary Sacrifice in 2026/27
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...
Timely payments in Income Tax Self-Assessment – Tax Update 2026
HMRC reports that roughly 12 million people file a Self-Assessment tax return each year. Of these, ~7 million also have Pay as You Earn (PAYE) income, arising from either employment or receiving a pension. Whilst employers and pension providers pay tax on PAYE income...
Tax Update 2026 – The Highlights
On the 23rd June 2026, the government announced a series of tax and customs measures entitled ‘Tax update 2026: simplification, modernisation and fairness summary’. With 40 different announcements, here, we outline some of the key announcements and consultations...
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...
Timely payments in Income Tax Self-Assessment – Tax Update 2026
HMRC reports that roughly 12 million people file a Self-Assessment tax return each year. Of these, ~7 million also have Pay as You Earn (PAYE) income, arising from either employment or receiving a pension. Whilst employers and pension providers pay tax on PAYE income...
Tax Update 2026 – The Highlights
On the 23rd June 2026, the government announced a series of tax and customs measures entitled ‘Tax update 2026: simplification, modernisation and fairness summary’. With 40 different announcements, here, we outline some of the key announcements and consultations...
Getting your UK tax residence right
This guide explains how UK tax residence works in 2026/27, what can still be taxable in the UK when you live abroad, and the planning points to consider before you leave, while you are overseas, or before you return. Understanding your residency is vital for...
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,...
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... 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...
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
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
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