Will you be affected by Making Tax Digital?
Making Tax Digital for Income Tax: One Year to Go The UK tax landscape is on the cusp of a...
What are CDC pensions?
The UK government is introducing a significant shift in pension schemes with the expansion of Collective Defined Contribution (CDC) pensions....
R&D funding
The UK government has announced a record-breaking £13.9 billion in research and development (R&D) funding for the coming year. This...
Regulatory Changes Impacting UK Small Businesses
Alongside tax reforms, HMRC’s Spring 2025 update introduces a variety of regulatory changes that will affect how small businesses operate...
Child Benefit increases April 2025
Child Benefit has risen for 2025-26: £26.05 for eldest, £17.25 for others. Claim continues to age 20 in approved education....
HMRC interest rate increases
HMRC has announced that interest rates for late payments will increase by 1.5% for all taxes starting 6 April 2025....
Higher rate tax relief on pension contributions
Want to make the most of your pension savings? You could claim up to 45% tax relief on contributions, plus...
Tax Diary May/June 2025
1 May 2025 – Due date for corporation tax due for the year ended 30 July 2024. 19 May 2025...
Less than a year before MTD for Income Tax starts
MTD for Income Tax kicks off in April 2026 for those earning over £50k. Digital records, quarterly updates, and tougher...
Spring 2025 Tax Reforms – What UK Small Businesses Need to Know
The Spring 2025 Tax Update brings a series of reforms aimed at simplifying tax administration and reducing burdens for UK...