Latest Private Client Tax

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…

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…

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 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…

Click here to read the full Whitings 2025 Budget Analysis and Commentary   Speculation about what Rachel Reeves would announce in this year’s budget reached fever pitch over the last few months, with many people taking action based on this speculation, rather than fact. This made advice and planning with any certainty obviously very difficult.…