by Admin | Jun 29, 2026 | Business Advice and Tax, General news, HMRC, Personal and Inheritance Tax
Winter Fuel Repayment Explained A Winter Fuel Repayment may apply if you were born before 28 June 1960 and receive a Winter Fuel Payment to assist with paying your heating bills in the winter. Last year’s payment was made in November or December 2025. The amount...
by Admin | Jan 8, 2026 | Business Advice and Tax, General news, HMRC, Personal and Inheritance Tax
Inheritance Tax Reform: Government Announces Welcome U-Turn Just days before Christmas, the government announced a welcome change to its planned Inheritance Tax Reform. The update brought relief to many families, farmers, and business owners who were facing higher tax...
by Admin | Dec 3, 2024 | Business Advice and Tax, General news, Making Tax Digital, Personal and Inheritance Tax
MTD ITSA Compliance Tool from HMRC HMRC has an MTD ITSA compliance tool to determine if you need to comply with Making Tax Digital Are you confused about whether you need to comply with Making Tax Digital for Income Self Assessment (MTD ITSA)? MTD ITSA compliance is...
by Admin | Aug 30, 2024 | HMRC, Personal and Inheritance Tax, Self assessment
HMRC Cracks Down on Unreported Income from Animal Breeding and Sales HMRC is contacting those involved in animal breeding or selling animals like dogs and cats. The tax authority is currently sending letters to individuals it believes might have underreported or...
by Angela Taffs | Aug 20, 2024 | General news, Making Tax Digital, Personal and Inheritance Tax, Property Taxes, Self assessment
Making Tax Digital for Income Tax What You Need to Know if You Have a Combined Business and Property Income Over £50,000 Starting in 2026 The UK tax system is undergoing significant changes with the introduction of Making Tax Digital for income tax. This initiative...
by Angela Taffs | Jul 22, 2024 | General news, HMRC, Personal and Inheritance Tax
Persons with Significant Control: What You Need to Know Her Majesty’s Revenue and Customs (HMRC) is intensifying its efforts to target Persons with Significant Control (PSC). This initiative aims to ensure that individuals with substantial influence over UK...
