The Autumn Budget will be delivered on 26 November by the Chancellor of the Exchequer, HM Treasury has announced. The Office for Budget Responsibility’s latest outlook for the economy and public finances will be released on the same day. The Budget outlines the government’s plans for raising or lowering taxes and sets out its spending… Read more…

HMRC has confirmed that 864,000 self-employed workers and landlords will be pulled into the quarterly reporting rules for Making Tax Digital (MTD) for Income Tax when it comes into force. The first phase of MTD for Income Tax will begin next April at the start of the 2026/27 tax year. It will require individuals with… Read more…

Homebuyers are being warned to avoid Stamp Duty Land Tax (SDLT) scams, following a landmark Court of Appeal decision. HMRC is warning buyers to be vigilant of tax agents offering to secure (SDLT) repayments on their behalf where repairs are needed to a property they have bought. Some agents have suggested that, for a fee,… Read more…

The government is set to tackle late payments to businesses with significant legislative reforms. Late payments cost the UK economy £11 billion a year and shut down 38 businesses every day, according to the government. The new laws are set to give stronger powers to the Small Business Commissioner to empower them to wield fines,… Read more…

President Trump’s decision to charge import duties for low value goods entering the US is a major blow to the UK’s SME exporters, says the British Chambers of Commerce (BCC). Under an Executive Order issued by the President, duties will be payable on goods valued under $800 from 29 August 2025. These will be in… Read more…

HMRC has split fuel advisory rates for electric cars depending on where drivers charge their company cars due to the price discrepancy between home and public chargers. From 1 September 2025, the single rate for fully electric cars will be abolished and replaced with two different rates reflecting whether a car is charged at home… Read more…

New company car advisory fuel rates have been published and took effect from 1 September 2025. The guidance states: ‘you can use the previous rates for up to one month from the date the new rates apply’. The rates only apply to employees using a company car. The advisory fuel rates for journeys undertaken on or… Read more…

HMRC has published the latest issue of the Employer Bulletin. The August issue has information on various topics, including: P11D and P11D(b) for tax year 2024/25 PAYE Settlement Agreement – calculations and payment employers PAYE disputed charges Spotlight 69 – liquidation of a Limited Liability Partnership used to avoid Capital Gains Tax implementation of the… Read more…

HMRC has launched a new online PAYE service, which it says will give 35 million workers more control over their tax affairs. The tax authority says the new service will make it simpler and easier to check and update their income, allowances, reliefs and expenses, and will be available via their Personal Tax Account or… Read more…