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29th October 2026 The Autumn Budget 2026 INSIDE THIS STATEMENT This was a Budget of many small measures rather than a few large ones. The Chancellor spoke repeatedly of giving families and businesses “breathing space”. But breathing space is not the same as standing still. Almost every measure in this report has a date attached,…

5th October 2026 Newsletter: October 2026 CRYPTOASSETS: WHY INVESTORS MUST DECLARE INCOME AND GAINS TO HMRC Cryptoassets have moved into the financial mainstream, with many individuals now holding Bitcoin, Ethereum and other digital assets alongside traditional investments. However, a common misconception is that crypto transactions are anonymous or outside the scope of UK taxation. They…

2nd September 2026 Newsletter: September 2026 BENEFITS IN KIND: MANDATORY PAYROLLING FROM 6 APRIL 2027 Mandatory payrolling of benefits in kind (BiKs) will begin from 6 April 2027, with a phased introduction designed to give employers and payroll providers time to adapt. Under the first phase, covering the 2027/28 tax year, mandatory payrolling will apply to:…

3rd August 2026 Newsletter: August 2026 QUESTIONS OVER FUTURE TAX CHANGES UNDER NEW PRIME MINISTER ANDY BURNHAM Since becoming Prime Minister, Andy Burnham has made cost-of-living support a key focus. One headline measure announced this month is the planned removal of VAT on household electricity from October 2026, which the Government estimates could reduce average…

14th July 2026 Newsletter: July 2026 MANDATORY PAYROLLING OF BENEFITS IN KIND: PHASED INTRODUCTION CONFIRMED HMRC has confirmed that mandatory payrolling of benefits in kind (BiKs) will now be introduced in two phases, starting from 6 April 2027. This change will move the reporting of most benefits away from annual P11Ds and into real-time payroll,…

15th June 2026 Newsletter: June 2026 GREAT BRITISH SUMMER SAVINGS On 21 May 2026, the Chancellor, Rachel Reeves MP, announced ‘Great British Summer Savings’, a package of measures aimed at cutting costs for families, particularly those with children. The following two measures are of particular importance to businesses: TAX-FREE MILEAGE RATES A 10p per mile…

7th May 2026 Newsletter: May 2026 MAKING TAX DIGITAL FOR INCOME TAX IS NOW LIVE Making Tax Digital (MTD) for Income Tax is now live – most self-employed individuals and landlords with turnover above £50,000 in 2024/25 were mandated into the regime from 6 April 2026. Under MTD for Income Tax, individuals will keep digital…

13th April 2026 Newsletter: April 2026 MAKING TAX DIGITAL FOR INCOME TAX – GO LIVE! The commencement of Making Tax Digital (MTD) for income tax is now live! This is the new 2026/27 tax year regime for self-employed individuals and landlords if they have business and/or property income (i.e. total takings, not net profits) of…

9th March 2026 Newsletter: March 2026 Spring Forecast During a week dominated by news of the Middle East conflict, on 3 March 2026, Chancellor Rachel Reeves presented the Spring Forecast to Parliament. The Chancellor told MPs she had “restored economic stability” as she presented the Office for Budget Responsibility’s (OBR’s) economic forecasts. The Chancellor focused…

6th February 2026 Newsletter: February 2026 There’s Still Time for Some Year End Tax Planning! With the tax/financial year end approaching, now is a good time to check that you’re making the most of the available reliefs and allowances available to you. Please talk to us if you think any of the issues affect you.…