It was announced as part of the Autumn Budget 2026 measures that the government will introduce changes to the VAT treatment of passenger transport services supplied through taxi and private hire vehicle (PHV) operators. The changes will take effect from 2 January 2028. Under the new rules, qualifying private hire vehicle operators will
More...This is a reminder that changes to Agricultural Property Relief (APR) and Business Property Relief (BPR) came into effect from 6 April 2026, restricting the availability of 100% relief for qualifying agricultural and business assets. Under the new rules, 100% relief is available on the first £2.5 million of combined qualifying
More...As announced at the Autumn Budget 2026, the government is introducing a package of business rates measures to support high street businesses in England from 1 April 2027. The measures aim to reduce bills, protect jobs and support investment in the retail, hospitality and leisure (RHL) sectors. The Small Business Rates Relief (SBRR)
More...The government is changing the rules on late filing penalties for individuals who fail to report a disposal of UK residential property within the statutory deadline but subsequently report it on their self-assessment tax return. The changes take effect from 28 October 2026. Currently, individuals, trustees and personal representatives
More...The Employee Share Scheme rules have been relaxed to help businesses attract, incentivise and reward employees. The changes, which take effect from 6 April 2027, will increase the value of share options available under the Company Share Option Plan (CSOP), extend exercise periods and provide greater flexibility for companies and
More...From October 2027, online marketplaces will become responsible for collecting and accounting for VAT on certain sales made by UK businesses through their platforms. The changes extend existing rules, which currently require online marketplaces to account for VAT where they facilitate sales: Sales by overseas businesses to UK consumers
More...Many might view dismissal as a ritual humiliation and seek reparations for perceived psychological damages, and so it feels natural to assume that, if a dismissal is subsequently found to be unfair, any compensation will duly reflect any personal distress caused. However, as a recent appeal found, this is seldom the case, serving as a
More...December 2026 1 December 2026 - Due date for Corporation Tax payable by companies with an accounting period ended 28 February 2026, unless the company is required to pay Corporation Tax by instalments. 7 December 2026 - VAT returns and payments are normally due for VAT accounting periods ended 31 October 2026, unless an alternative
More...Businesses planning improvements to their premises could benefit from changes to the planning system intended to reduce delays and make straightforward applications easier to process. The Government announced on 30 October 2026 that a new system would allow professional planning officers to decide routine applications without waiting for
More...Ambitious businesses looking to expand may benefit from a new Government programme designed to help promising companies overcome some of the difficulties associated with rapid growth. Announced on 29 October 2026, Scale UK Connect will provide tailored support to 200 high-growth businesses through a network of regional partners. The
More...The Chancellor of the Exchequer, John Healey, announced increases to the National Living Wage (NLW) and National Minimum Wage (NMW) rates, confirming that the Government has accepted in full the recommendations of the Low Pay Commission (LPC) for increases from 1 April 2027. The LPC said that it had to balance higher wages for workers
More...The Autumn Budget 2026 saw no changes to the Income Tax thresholds. From next April, the personal allowance will remain at £12,570, while the basic rate limit remains £37,700 and the higher rate threshold remains £50,270 in England, Wales and Northern Ireland. These thresholds remain frozen under previously announced policy until April
More...The Chancellor, John Healey announced changes to Capital Gains Tax (CGT) reliefs for business owners and investors as part of the Budget measures. From 6 April 2027, the lifetime limit for Business Asset Disposal Relief (BADR) will be reduced from £1 million to £500,000. The change will apply to qualifying disposals made on or after that
More...The Autumn Budget 2026 announced changes to the tax relief available to businesses investing in plant and machinery. The Government will increase the main rate first-year allowance to 50% for qualifying expenditure incurred from 1 January 2027, while reducing the main rate writing-down allowance from 14% to 12% from April 2027. The
More...The Autumn Budget 2026 announced several measures aimed at helping drivers with the cost of fuel, business travel and electric vehicle charging. These include extending the temporary fuel duty cut, making tax-free mileage rates more generous and reducing the cost of using some public electric vehicle chargers. The Government will extend
More...It was announced as part of the Autumn Budget measures that the Trading Allowance will increase from £1,000 to £3,000 from 6 April 2027. The increase will help people earning small amounts from trading or other miscellaneous activities, while reducing the administrative burden of reporting this income to HMRC. The Trading Allowance
More...HMRC is in the process of writing to some individuals defined as a ‘Person of significant control’ (PSC) to raise awareness of potential tax liabilities and to help ensure their self-assessment tax returns are completed correctly for 2025-26. The letters explain that an individual may be a PSC if they hold more than 25% of a company’s
More...From 6 April 2027, most unused pension funds and pension death benefits will be included in the value of a deceased person’s estate for Inheritance Tax (IHT) purposes. The changes, legislated for in the Finance Act 2026, represent a significant change to the tax treatment of pensions on death. Individuals with significant pension savings
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