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HMRC’s Time to Pay service

HMRC’s Time to Pay service

by | Jan 2, 2026 | Income Tax

With the 31 January deadline approaching, thousands of taxpayers are using HMRC’s Time to Pay service to spread the cost of their self-assessment tax bill rather than facing immediate payment pressure. HMRC has reported that thousands of people have set up...
Payroll annual reporting obligations

Payroll annual reporting obligations

by | Jan 2, 2026 | Payroll

As we move into the start of 2026, it is not that long until the current 2025–26 tax year comes to an end and there are a number of payroll annual reporting obligations that must be completed. This includes sending a final PAYE submission for the tax year. The...
Nominating a property as your home

Nominating a property as your home

by | Jan 2, 2026 | Capital Gains Tax

Owning more than one home can create valuable Capital Gains Tax planning opportunities, but only if you understand how and when to nominate a property for Private Residence Relief. Typically, you do not have to pay Capital Gains Tax (CGT) when you sell a property that...
VAT Annual Accounting – filing your return

VAT Annual Accounting – filing your return

by | Jan 2, 2026 | Value Added Tax

For eligible businesses, the VAT Annual Accounting Scheme can reduce paperwork, smooth cash flow and replace quarterly returns with a single annual submission. The VAT Annual Accounting Scheme is open to most businesses with a taxable turnover of up to £1.35...
Avoiding the car fuel benefit charge

Avoiding the car fuel benefit charge

by | Jan 2, 2026 | Employee Benefits

Employees with company cars may be paying unnecessary tax on private fuel, when reimbursing the cost of private fuel in full can often remove the car fuel benefit charge altogether. Where an employee is provided with a company car and fuel for private use, the default...