With the Autumn Budget scheduled for 28 October 2026, many taxpayers are wondering whether tax rates, allowances or reliefs could change in the future. While no one knows exactly what the Chancellor will announce, there are several legitimate tax planning...
HMRC has provided further clarification on the new Self Assessment reporting requirements for directors of close companies, following concerns raised by ICAEW about how the rules would work in practice. The clarification answers a number of questions that...
HMRC has started automatically signing up certain sole traders and landlords for Making Tax Digital (MTD) for Income Tax. The change affects taxpayers who should already be using MTD but have not yet registered themselves. Why is HMRC doing this? Since April 2026,...
If you have received a P800 tax calculation from HMRC showing that you are owed a refund, there is one important thing to know: in most cases the money will not reach you automatically. You need to actively claim it. This short guide explains why and walks you through...
HMRC is expected to issue around 1.8 million Simple Assessment letters for the 2025/26 tax year and has encouraged recipients to check them carefully and take any necessary action. A Simple Assessment letter (PA302) is a tax calculation issued when HMRC...
