From April 2026 small businesses will benefit from a further increase in small employer's relief.
Continue ReadingPosts Tagged with Summer 2026
Employees and business owners could be entitled to an additional £1,000 per year in tax relief for business journeys undertaken in personal vehicles.
Continue ReadingHMRC has reconfirmed that supplies of electricity for charging electric vehicles (EVs) at public EV charging points is standard-rated for VAT purposes.
Continue ReadingIndividuals and landlords with gross income from self-employment and/or property above £50,000 on the 2024-25 tax return are mandated to join Making Tax Digital (MTD) from April 2026. But what happens if that income has ceased by then?
Continue ReadingThe Government has announced a temporary VAT reduction this summer aimed at helping families with the cost of school holiday activities.
Continue ReadingEmployees and pensioners are being encouraged to check whether they are due a PAYE tax refund.
Continue ReadingAn outstanding loan to a director or shareholder from a close company can trigger a tax charge under Section 455 of the Corporation Tax Act 2010.
Continue ReadingFrom the tax year 2025-26 directors of close companies are required to provide additional information in their tax returns, even where no income has been received.
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