Latest blogs for Services

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…

This year’s Budget included some big tax headlines, but there were also a few quieter changes that matter if you’re getting ready for Making Tax Digital (MTD) for Income Tax. Here’s a quick, no-jargon update on what’s changed and what it means for you.   1 – No Penalties for Late Quarterly Updates in 2026/27…

Away from the main announcements, hidden in the small print of Rachel Reeves’ Budget 2025 documents are plans to make significant changes to the way self-assessment tax payments will be collected.   Under the new proposals, HMRC aims to adjust the timing of tax payments. These changes are intended to make the system more efficient,…

Updated: 22/12/25 Unfortunately it is the time of year that we must remind everyone to beware of Self Assessment scams. HMRC have provided guidance with examples of phishing emails, suspicious phone calls and texts that you may receive. Click here to find out more.   Please don’t fall for these!   HMRC will not email,…

Click here to read the full Whitings 2025 Budget Analysis and Commentary   The focus of Budget 2025 has been upon the ever-expanding financial black hole and the methods that should be employed to fill this, but at the same time ensuring that the government’s pledge of maintaining and enhancing public services continues.   What…

Click here to read the full Whitings 2025 Budget Analysis and Commentary Budget 2025: What the New Tax Measures Mean for Individuals & Families The 2025 Autumn Budget brings a wide range of tax changes that will affect many households over the next few years, despite the Labour party manifesto promising “not to increase taxes…