NEWS Catch up with the latest in accounting news

news page img c

Welcome to our news page

Catch up on the latest news in accounting here, from cutting edge bookkeeping technology to self-assessment updates.

MTD for Income Tax – what’s required from April 2026

MTD for Income Tax – what’s required from April

From April 2026, Making Tax Digital for Income Tax (MTD for IT) will become mandatory for many self-employed persons and landlords, marking a significant change in how they manage their tax affairs.

Pre-tax year end planning

Pre tax year end planning

Pre-tax year end planning is one of the most practical and controllable ways for UK businesses and higher rate taxpayers to reduce unnecessary tax exposure. Unlike long term restructuring, it focuses

Company liquidations and insolvencies are still elevated

Company liquidations and insolvencies are still elevated

The Insolvency Service data for England and Wales shows monthly company insolvencies remain high by historical standards, even though they move up and down month to month. For example, November 2025

The scope of the trivial benefits legislation

The scope of the trivial benefits legislation

The trivial benefits legislation provides a simple and practical tax exemption that allows employers to give small non-cash benefits to employees without triggering tax or National Insurance

Check a UK VAT number is authentic

Check a UK VAT number is authentic

Verifying a VAT number before reclaiming VAT can protect your business from rejected claims, repayments, and unnecessary penalties.The online service for checking a UK VAT number is available at

Starting or changing jobs

Starting or changing jobs

Providing the right information when you start a new job helps ensure your tax code is correct from the first pay day and avoids the risk of paying too much tax.

When starting a new job or taking on

Company car expenses and benefits – what’s exempt?

Company car expenses and benefits – what’s exempt?

While company cars often come with tax implications, there are specific situations where the associated benefits may be exempt. There are circumstances where it can be possible to offer employees car

Did you file your tax return over the festive period?

Did you file your tax return over the festive period?

HMRC’s figures show thousands of taxpayers are filing over the festive period, but leaving your return until late January risks penalties, stress and avoidable payment problems.

A new press release

Changes to Agricultural and Business Property Relief reforms

Changes to Agricultural and Business Property Relief reforms

The government recently announced significant changes to the planned reforms to Agricultural Property Relief (APR) and Business Property Relief (BPR). The threshold for 100% relief will be increased

New First Year Allowance from 1 January 2026

New First Year Allowance from January

The new 40% First Year Allowance (FYA) for qualifying main-rate plant and machinery expenditure first announced at Autumn Budget 2025 has now come into force.

Effective from 1 January 2026, the new

LET’S GET STARTED!

"We pride ourselves on our exceptional customer service, our proactive approach and our clever use of technology"