Latest Blogs

The Department for Education has confirmed the updates to student loan interests for the 2027/28 tax year.   The major change sees an increase in the threshold from £26,900 to £28,005 for Plan 1 (loans taken out between 1998 & 2012) borrowers before they start making repayments. Interest rates on the loans are based against…

For many years, pensions have enjoyed a unique advantage in estate planning. Savings, investments and property would normally be included in an individual’s estate for Inheritance Tax (IHT) purposes. Unused pension funds could often pass to beneficiaries outside the scope of IHT. As a result, many people preserved their pension wealth for as long as…

With much of England now experiencing drought conditions, many farmers are facing the reality of reduced grass growth, lower forage availability, pressure on water supplies and concerns around crop performance. DEFRA has recently published guidance and support available to help farmers manage the ongoing dry weather.   For many farming businesses, the priority right now…

The first Making Tax Digital for Income Tax filing deadline was on 7th August. HMRC have released some early statistics. They have also confirmed plans to automatically register taxpayers required to complete quarterly submissions from 26/27 who have not yet registered.   HMRC Statistics HMRC have announced that more than 570,000 taxpayers are now signed…

HMRC is stepping up its use of data analytics and “nudge letters” to identify individuals who may have omitted income, gains or other relevant information from their personal tax returns. HMRC is increasingly able to spot discrepancies and contact taxpayers before launching a formal enquiry. They do this by comparing Self Assessment returns against: Data…

From Trainee Accountant to Payroll Queen! On 31st July, we celebrate an incredible achievement as Ruth marks 25 years at Whitings. That’s right—Ruth has been here so long that when she started, people actually used paper for payroll and nobody knew what a Teams meeting was.   When did Ruth start at Whitings? Ruth joined…

Your Will Covers Your Assets. Does Anyone Know How To Access Them? Estates used to arrive in a box. Bank statements, share certificates, a building society passbook, maybe a bundle of Premium Bond numbers. More and more of them now arrive as a phone that nobody can unlock. That shift has created a quiet problem…

We’re delighted to congratulate Paolo Lucci, Corporate Services Senior at Whitings, on achieving the joint highest mark worldwide in the ICAEW’s Fundamental Case Study exam in March 2026. Paolo scored an outstanding 92% in a sitting taken by 1,961 students. This earnt him a place in the ICAEW’s Order of Merit and the Little &…

Here’s What You Need to Do For many sole traders and landlords, 7th August 2026 marked the first quarterly filing deadline under Making Tax Digital for Income Tax (MTD for IT). If you have missed the deadline, don’t panic. There are steps you can take now to minimise the impact and get back on track.     What was the 7th August…

When did you join the Firm? I started working for Whiting & Partners on 10th July 1986. I completed four weeks work experience in the Wisbech office the previous December. 2 weeks were spent in reception and 2 weeks were spent upstairs working on accounts under the supervision of Christine Dickson. At the end of…