by Jessica Garbett | Jan 29, 2026 | business taxation, HMRC, penalties, property taxation
With Making Tax Digital for Income Tax coming in from this April, we’ve taken the opportunity to review HMRCs penalty regimes and update our guidance: Penalties From HMRC For the most part penalties can be mitigated by: Keeping accurate records Making sure your...
by Jessica Garbett | Jan 28, 2026 | business taxation, expense payments, personal taxatation
With effect from the 2026-27 tax year there are changes to how Company Directors and Employees can claim tax relief on costs of working from home. Under current rules (2025-26 and earlier) there are two ways someone who was an Employee, including Company Directors,...
by Jessica Garbett | Jan 28, 2026 | ACCA, personal taxatation
We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Including guidance around thresholds and eligibility If you are a non-resident, you only pay tax on your UK income; you do not pay UK tax on...
by Jessica Garbett | Jan 27, 2026 | ACCA, business issues, financial reporting
We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Updated SORP introduces a three-tier reporting framework for Charities based on annual income. From 1 January 2026, a new Charities SORP...
by Jessica Garbett | Jan 26, 2026 | ACCA, business issues, pension reform, pensions
We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Pensions Commission continues to examine long-term pension adequacy The government has confirmed that automatic enrolment thresholds will...
by Jessica Garbett | Jan 23, 2026 | ACCA, business taxation, capital taxation, personal taxatation
We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA As the self-assessment deadline approaches, ACCA sets out some common claims and elections Some of these claims have strict time limits,...
by Jessica Garbett | Jan 22, 2026 | ACCA, business taxation, capital taxation, personal taxatation, property taxation
We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Examining the key announcements in the Scottish Budget 2026/27 The Scottish Budget 2026/27 was unveiled by the Scottish Government on 13...
by Jessica Garbett | Jan 21, 2026 | ACCA, business issues, business taxation, employer returns, expense payments
We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA As the new year begins, it may be worthwhile taking stock of any Christmas gifts and vouchers that employers may have provided for their...
by Jessica Garbett | Jan 20, 2026 | ACCA, business taxation, capital taxation
We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA The detail behind the threshold increasing to £2.5m On 23 December 2025, the government announced that the threshold for Agricultural and...
by Jessica Garbett | Jan 19, 2026 | ACCA, business taxation, HMRC, personal taxatation
We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Details of HMRC’s support arrangements for Saturday 31 January HMRC has confirmed that it will be delivering an enhanced digital service on...
by Jessica Garbett | Dec 13, 2025 | ACCA, budget, business taxation
We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Greater support for early-stage and scaling companies The government has announced key changes to the Enterprise Investment Scheme (EIS) and...
by Jessica Garbett | Dec 12, 2025 | ACCA, budget, business taxation, personal taxatation
We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Includes an example for a higher rate taxpayer We know that the personal allowance is frozen for 2025/26 at £12,570. If you have an annual...
by Jessica Garbett | Dec 11, 2025 | ACCA, business taxation, capital taxation, HMRC, personal taxatation, property taxation
We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA A timely reminder from HMRC for the tax season The following is an update from HMRC which explains the importance of registration and...
by Jessica Garbett | Dec 10, 2025 | ACCA, budget, business taxation
We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA New measure may impact 700,000 individuals who work through umbrella companies The Chancellor has announced that a new Chapter 11 will be...
by Jessica Garbett | Dec 9, 2025 | ACCA, business taxation
We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Those joining the scheme will not face late-submission penalties in the first year No late submission penalties in 2026/27 For the 2026/27...
