Category: All News

The inheritance tax gift rules can be more generous than many people realise, but they are not always straightforward.

From the 2025/26 tax year onwards, HMRC is introducing new reporting requirements on Self Assessment tax returns for directors of close companies. These self assessment changes for directors will mean providing more information than in previous years, including details of […]

The new cryptoasset reporting rules are bringing more attention to an area where awareness and compliance still appear to be low. Despite HMRC’s cryptoasset disclosure service running for more than two years, it has generated just over £4 million in disclosures.

The increase in statutory pay compensation from 6 April 2026 will be welcome for smaller employers, although it is a modest one. The rate of compensation paid for administering statutory payments will rise from 8.5% to 9%.

The state pension age changes beginning from 6 April 2026 could create practical payroll issues for employers.

The employment rights changes taking effect from 6 April 2026 will matter for employers of all sizes. Many of the wider reforms introduced by the Employment Rights Act 2025 will not arrive until 2027

The new tax year begins on Monday 6 April 2026, bringing with it a range of updates to tax and pension rules. These April 2026 tax changes will affect individuals, self-employed professionals, and businesses across Scotland.

The inheritance tax (IHT) agricultural relief U-turns have been well publicised. However, inheritance tax business relief is also changing. If you own a business, or plan to pass one on, it is worth understanding where things now stand.  At present, qualifying business property in […]

Tax charges on loans to directors are rising, so now is a good time to review any director’s loan account balances. In particular, director’s loan repayment timing can make the difference between a clean year end and an unexpected bill.  The tax charge that applies […]