Latest News

Tax Diary February/March 2025

1 February 2025 - Due date for Corporation Tax payable for the year ended 30...

Tax Diary December 2025/January 2026

1 December 2025 - Due date for Corporation Tax payable for the year ended 28...

Tax Diary December 2024/January 2025

1 December 2024 - Due date for Corporation Tax payable for the year ended 28...

Tax Diary August/September 2025

1 August 2025 - Due date for corporation tax due for the year ended 31...

Tax Diary April/May 2025

1 April 2025 - Due date for corporation tax due for the year ended 30...

Tax chores if managing a deceased person’s estate

When someone dies, their personal representative (executor or administrator) must value their estate to determine...

Tax changes for Furnished Holiday Lets property owners

The current tax benefits for the letting of properties as short-term holiday lets (known as...

Tax and trivial benefits

There is a trivial benefit-in-kind (BiK) exemption that applies to small, non-cash gifts (such as...

Tax and Maintenance Payments

Maintenance Payments Relief reduces Income Tax for those making court-ordered payments to an ex-spouse or...

Tax and employee suggestion schemes

Have you set up a suggestion scheme for ideas that could save or earn you...

Take goods with you to sell abroad

There are specific customs requirements for commercial goods that you take with you to sell...

Take care when labelling a bonus as discretionary in a contract

The High Court recently ruled on the interpretation and enforceability of "discretionary" bonus provisions in...

Suing whistleblowers for a breach of confidence is not a viable strategy

The Court of Appeal has ruled that the initiation of legal or arbitral proceedings by...

Subscription scams

New proposals to crack down on subscription traps, have been unveiled by the Department for...

Student jobs paying tax

Students that work may need to pay Income Tax and National Insurance. Employers are required...

Student and postgraduate loan thresholds and rates

From 6 April 2025, new thresholds for student loan repayments will take effect, impacting borrowers...

Struggling to meet tax payments this month?

With the balancing payment and first payment on account both due on 31 January 2026...

Struggling to fund your July tax payment?

The second 2024-25 payment on account for self-assessment taxpayers is due on 31 July 2025...