Specialist Tax News

For 2026/27, the annual investment allowance (AIA) will remain at £1 million and the full expensing regime will be available to companies. The rate of writing
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From 1 April 2026, the VAT registration and deregistration thresholds will remain at £90,000 and £88,000 respectively. There have been no changes to the rates of
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Business rates As announced in the 2024 Budget, two new lower multipliers for eligible retail, hospitality and leisure (RHL) properties with rateable values (RV) below £500,000
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Besides the new property income tax rates detailed in the taxes on income section, another change affecting property is the introduction of a high value council
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England and Northern Ireland If you are planning to purchase residential property, the good news is that there were no changes to stamp duty land tax
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Rates from 1 April 2026 There are no changes to corporation tax rates and thresholds for the financial year commencing 1 April 2026. These include the
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Penalties Late filing penalties for corporation tax returns are set to be doubled for returns where the filing date is on or after 1 April 2026.
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With just a few months until we reach the 2026/27 tax year, we know that many of our clients and contacts will be looking at how
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Date What’s Due 1 December Corporation Tax for year to 28/02/2025, unless quarterly instalments apply 19 December PAYE & NIC deductions, and CIS return and tax,
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The Government faced a difficult job going into the Autumn Budget, as they navigate a growing national deficit, a seemingly never-ending cost-of-living crisis and political challenges.
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In Autumn Budget 2024, the Chancellor announced that restrictions to the amount of Agricultural Property Relief (APR) and Business Property Relief (BPR) will apply from 6
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HMRC has published long-awaited guidance on how digitally excluded individuals should apply for an exemption from Making Tax Digital (MTD) for Income Tax. Gaining HMRC’s agreement
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