Changes to the company size thresholds from April 2025 will also apply for the purposes of the off-payroll working (OPW) rules

From August 2025 employed taxpayers will no longer be required to complete a self assessment tax return (SATR) to declare and pay the high-income child benefit charge (HICBC)

From April 2026 most benefits in kind (BIKs) will have to be processed through the payroll and included on monthly payslips, with a potential knock-on effect for student loan repayments

HMRC has updated its guidance to clarify the treatment of subcontracted research and development (R&D) expenditure under the SME scheme

HMRC has announced that it will close the online service for filing company accounts and corporation tax returns on 31 March 2026

In just over a year the first tranche of sole traders and landlords will be required by law to keep digital records to comply with the requirements of Making Tax Digital for Income Tax (MTD IT)

With changes to employer’s National Insurance and the Employment Allowance, now is the time for businesses to review the most tax efficient mix of salary and dividends for directors.

The Government has announced plans to increase the threshold above which income from self-employment must be reported via self assessment.

Many more sole traders and landlords will be required to comply with making tax digital (MTD) for income tax when the qualifying income threshold is reduced from £30,000 to £20,000.

The sunset clause which was set to end the Enterprise Investment Scheme (EIS) and Venture Capital Trust (VCT) scheme on 5 April 2025 has been extended for a further ten years.

It is common for some employers to pay their workers earlier than usual in December, for example if the business will be closed during the festive period.

As announced in the Autumn Budget, the national minimum wage (NMW) and the national living wage (NLW) are set to increase from April 2025.

The changes to capital gains tax (CGT) announced in the Autumn Budget are subject to anti-forestalling rules designed to prevent taxpayers from circumventing the new rates and rules.

HMRC has tightened up the process for claiming tax deductible employment expenses following a series of high-profile scandals.

When was the last time you checked your national insurance (NI) record for unexpected gaps or viewed your state pension forecast?