The countdown has begun to file your Self Assessment Tax Return and pay your tax by 31st January 2026 as there are only 100 days remaining to file and pay before deadline. The deadline for submitting a paper return is just a week away 31st October 2025. The deadline for submitting an online…
In many situations a tax planning review may identify opportunities to minimise the tax you are liable to pay on a transaction or situation. These ’opportunities’ will relate to: 1. Do not make the transaction/action If being reviewed in advance, don’t do something that triggers a tax charge (eg extracting money from a…
HMRC’s Connect Tool Raises £4.6bn in Just One Year as Tax Investigations Surge HMRC’s powerful data analysis tool, Connect, has raised an additional £4.6bn in the 2024/25 tax year alone. This translates to a 35% jump on its previous annual average of £3.4bn, according to data released under a Freedom of Information request by Pinsent…
On Tuesday 7th October 2025, I attended the 2025 Xero UK Roadshow for accountants and bookkeepers of small businesses, which was held at Tobacco Docks, London. The day started with time to network with other accountants and bookkeepers in attendance and a chance to look around the exhibition and speak to different app partners…
HMRC are beginning the process of phasing in taxpayers who are self-employed or with income from property over a number of years, so you may be wondering ‘When Will It Affect Me?’. The limits will be calculated from your latest Self Assessment Tax Return so the current tax year ending 5th April 2025! If…
On Wednesday 24th September, we were delighted to welcome 19 trainees from across all our offices to our Ely office for an introductory training session. The event was designed to provide an overview of the AAT, ACA, and ACCA training programmes available through the firm, and to help our new starters feel informed and supported…
Business owners returning from holiday might well now be toying with the idea of ‘selling up’. Being away from the business was great for your wellbeing and there were no never ending e-mails or tricky people problems to sort out. With Inheritance Tax changes on the horizon and a rapidly changing business landscape, perhaps you…
The UK’s Childcare Voucher Scheme was replaced by Tax-Free Childcare in October 2018. Although the voucher scheme is still in use, it was closed to new applicants at that time. From 1st September 2025, free childcare has been extended from 15 to 30 hours per week for children aged nine months to three years…
Every employer must assess all their workers every three years. If any worker has chosen to opt-out more than 12 months before the re-declaration date, they must be re-enrolled into the pension scheme. The employer must then complete a re-declaration to the Pensions Regulators. If your re-enrolment date is approaching, you should receive several emails…
Adopters who are employed are usually entitled to adoption leave and may be eligible to adoption pay. Employees may be eligible to Adoption leave of up to 52 weeks. If a couple is adopting, only 1 person in the couple can take adoption leave. The partner would be eligible for paternity leave instead. …