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Microsoft has confirmed that Windows 10 will reach its end of support on 14 October 2025. After this date, the operating system will no longer receive security updates or technical support. While devices running Windows 10 will continue to function, they will become increasingly vulnerable to security threats and software incompatibilities.   This milestone presents…

Following previous updates, Companies House has now confirmed the timeline and requirements for mandatory identity verification, which will begin on 18 November 2025.   This initiative, which is part of the Economic Crime and Corporate Transparency Act, aims to improve the accuracy of the companies register and reduce fraud. It is expected to affect around 6–7 million individuals.…

There is a vast array of options available to business owners when choosing accounting software. Choosing the right software for you and the business is an important decision, how well you work with and understand your chosen software can make bookkeeping a chore or a simple task.   What should you be looking for when…

The Government is proposing to overhaul the leasehold sector and has recently published a White Paper on the matter. They are proposing to abolish the leasehold tenure and replace this with a form of property ownership called commonhold.   Commonhold is a form of freehold which will remove the need for a freehold landlord. Common…

Are We Nearly There Yet? Well, yes is the answer and Making Tax Digital for Income Tax (MTD for IT) will finally begin from 6 April 2026, when it becomes mandatory for landlords and the self-employed whose gross income is over £50,000 in the tax year just passed 2024/25, with the introduction of quarterly returns.…

What is a HMRC Nudge Letter? HMRC have been using nudge letters since 2017 to encourage taxpayers to check their previously declared taxable income and submitted returns. These are used to help identify whether there is any undeclared taxable income. A nudge letter is a type of communication that HMRC use to encourage individuals or…

From 1 April 2027, major changes to UK company filing requirements were originally announced as part of the Economic Crime and Corporate Transparency Act (ECCTA). These reforms aimed to improve transparency and reduce economic crime.   However, on 3 July 2024, the government announced a U-turn on the most controversial measure: requiring small and micro-entity…

With the holiday season in full swing and many taking a well earned break, attention turns to holidays, whether abroad or in the UK. However, the rules relating to the renting of a ‘holiday home’ have all changed as from 6 April 2025. Now, Airbnb style lettings are taxed under standard residential property rules, bringing…

What To Expect In Issue 8 of Our Property Matters Newsletter HMRC Nudge Letters In this edition we are looking to explore the approach that HMRC are now taking in relation to closing the reportedly £40 billion tax gap, not only through the use of employing more compliance workers, making greater use of AI, but…

With just 9 months to the start of Making Tax Digital (MTD) for IT (Income Tax) in April 2026 here are 10 common myths about MTD for IT that can lead to confusion:   1. MTD for IT is already mandatory for everyone MTD for IT has been delayed and will be phased in gradually,…