Latest blogs for Services

The 2025 Autumn Budget brought significant changes for electric vehicle owners from April 2028.   From April 2028 electric car drivers will pay a road charge of 3p per mile, while plug-in-hybrid drivers will pay 1.5p per mile, with the rates going up each year with inflation.   The new rate for electric vehicle owners…

The Employment Rights Bill received “Royal Assent” on 18th December 2025 and is now known as the Employment Rights Act 2025. The Act will include additions and amendments to the existing legislation of the Employment Rights Act 1996. Changes to the Employment law included within the Act will take place over the next 2 years.…

With effect from 1 December 2025 the Financial Services Compensation Scheme (FSCS) deposit protection limit increased from £85,000 to £120,000. This is the first increase since 2017.   Savers, both individuals and companies, will now have more protection if their bank, building society, or credit union collapses, as the Bank of England effectively underwrites lost…

We’re explaining Making Tax Digital for Income Tax for sole traders and landlords ahead of its introduction in 2026. You will have seen lots of information online about Making Tax Digital for Income Tax. What does it actually mean, what will you need to do differently and what will stay the same? Read on to…

With 31st January 2026 soon approaching, it is important to ensure that you make payment of your Self Assessment Tax that is due before this deadline to avoid interest on late payments.   You can find ways to pay here: https://www.gov.uk/pay-self-assessment-tax-bill.   If making payment by debit or credit card, you will need to quote…

31st January 2026 Self-Assessment electronic filing & payment deadline The forthcoming Self-Assessment payment & electronic filing deadline of 31st January 2026 is just a few weeks away, in respect of 2024/25 tax returns. This deadline applies to the: Electronic submission of an individual’s, partnership’s, estate’s and/or Trust’s 2024/25 Self-Assessment tax return to HMRC, Payment of 2024/25 (balancing) tax…

Businesses and their staff will have already had, or will be looking forward to their annual company Christmas parties in the next few weeks. Providing all of the following criteria are met, the annual event is free of PAYE tax and National Insurance contributions (NIC) for the employee, and is treated as a non-taxable benefit in…

A small but potentially significant change in the 2025 Autumn Budget has largely slipped under the radar. HMRC have tightened the anti-avoidance rules for share exchanges and company reconstructions, expanding its ability to challenge transactions that would previously have been treated as tax neutral. Although the update may appear minor at first glance, it could…

Ahead of the recent Budget, many feared significant changes; but in reality, only minor adjustments were made. Here’s what stayed the same, what’s new, and what you should be planning for now.   The bad news was that the Inheritance Tax (IHT) thresholds were frozen until 2031, these are: Nil Rate Band: £325,000 Residence Nil…

We recently visited the offices of Taylor Rose to co-host the 2025 Post-Budget Forum at their Peterborough office on 3 December 2025, overlooking the fabulous Ferry Meadows country park.   At the event Nicholas Johnson, Partner at Taylor Rose and I led the discussions with those in attendance from the local business community, professional advisors…