What happens if you miss the 31 July 2025 tax payment
If your Self-Assessment required payments on account, the second instalment fell due on 31 July 2025. If it was not...
Tax Diary August/September 2025
1 August 2025 – Due date for corporation tax due for the year ended 31 October 2024. 19 August 2025...
Shared home ownership
Shared home ownership offers a more accessible route to owning a home for those who cannot afford the full deposit...
Higher penalties for MTD filers
Making Tax Digital for Income Tax will become mandatory in phases from April 2026. If you are self-employed or a...
IHT Agricultural and Business Property Relief changes confirmed
Despite intense lobbying by the farming community, the proposed reduction in IHT Business and Agricultural Property reliefs are included in...
IHT Unused Pension Funds and Death Benefits changes
It was confirmed with the publication of the draft Finance Bill 2025-26 that measures first announced in the Autumn Budget...
New HMRC services for Self-Assessment
To support taxpayers, HMRC has introduced new digital services as part of its Transformation Roadmap, making it easier to manage...
New HMRC service gives PAYE workers more control over their taxes
HMRC has launched a new digital service that allows millions of UK workers to take more control over their tax...
Inheritance Tax changes confirmed
Draft legislation for the Finance Bill 2025-26 confirms a major shake-up to Inheritance Tax (IHT), affecting estates that include business...
Financial changes announced by the Chancellor
On 15 July, the Chancellor, Rachel Reeves, unveiled a set of changes to the UK’s financial system. These reforms are...