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HMRC mileage rate increased to 55p
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The headline approved mileage rate has increased to 55p per business mile for the first 10,000 miles, with effect from 6 April 2026. For each business mile over 10,000 miles, the approved mileage rate remains at 25p per business mile. This is part of a government package of measures intended to address rising fuel prices.… Read more…
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Latest guidance for employers
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HMRC has published the latest issue of the Employer Bulletin. The June issue has information on various topics, including: PAYE Settlement Agreement (PSA) – agreements and a mailbox closure. Update – mandatory payrolling of benefits in kind to launch in phases. Reminder – file monthly Construction Industry Scheme (CIS) returns or face late-filing penalties. Low… Read more…
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Small businesses to benefit from strengthened debt advice services
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Small businesses and the self-employed struggling with their finances to receive a helping hand as debt advice services are strengthened, the Treasury has announced. The Treasury is making a £4 million funding boost over three years for business debt advice services support. The funding will go towards expanding access to expert support to help businesses… Read more…
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Hospitality sector calls for 10% VAT rate
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Hospitality businesses, teams and organisations are being urged to sign a new petition calling for the government to cut the VAT rate for the sector to 10% by UKHospitality. The trade group has launched #VATsTheProblem, a sector-wide campaign asking for the government to cut the rate of VAT for hospitality businesses, so it is in… Read more…
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HMRC boosts funding for taxpayers needing extra support
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More than £11 million in funding has been made available to taxpayers struggling with their tax affairs. The doubling of funding comes as part of HMRC’s Voluntary and Community Sector Grant Funding Scheme. The funds will be available for organisations to help customers with their tax affairs. From 8 June, organisations can submit bids for… Read more…
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Phased rollout of payrolling for employee benefits a ‘welcome step’
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The decision to phase in the mandatory payrolling of benefits in kind is a ‘welcome step’ to allow employers and payroll software providers more time to prepare for significant changes, says the Association of Taxation Technicians (ATT). Benefits in kind are non-cash perks such as company cars or private medical insurance. Currently, most employers report… Read more…
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Expansion of ‘uncertain tax treatment’ rules cause for concern
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Government plans to extend the rules requiring some taxpayers to declare ‘uncertain’ tax positions risk creating more uncertainty, compliance burdens and tax disputes according to the CIOT. The uncertain tax treatment regime currently requires large businesses to flag uncertain interpretations of tax law to HMRC upfront if significant amounts of money are at stake. The… Read more…
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Over 110,000 taxpayers yet to register for MTD
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More than 110,000 unrepresented taxpayers who must register for Making Tax Digital (MTD) from April 2026 have still not done so, according to the Low Incomes Tax Reform Group (LITRG). LITRG’s estimates are based on official HMRC statistics on the number of unrepresented taxpayers it estimates will be in scope for MTD from April 2026,… Read more…
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