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...
Many people assume that if they have no tax to pay, they do not need to submit a Self Assessment tax return. However, whether you need to file a tax return depends on your circumstances and whether you meet HMRC’s Self Assessment criteria, not simply on whether tax is...
