Cryptoasset Disclosure
Only slightly more than £4 million has been disclosed through HMRC’s cryptoasset disclosure service, possibly a sign of the lack of knowledge and adherence to regulations regarding cryptoassets.
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Are you ready for April’s tax and pension changes?
6 April brings a variety of changes to the tax rules.
Rate of compensation on statutory payments increased
The rate of compensation paid to smaller employers for administering statutory payments will increase from 8.5% to 9% on April 6, 2026, although it will be much less generous than the increase last year.
Payroll complications for spring
With a new online service launched by HMRC, taxpayers who need to pay the High Income Child Benefit Charge (HICBC) can do so in real time, instead of registering for self-assessment.
New employment rights arrive in April
Employers must be ready for the new “day one” rights, which will take effect on April 6, 2026.
Cash ISAs are now twice as popular as stocks and shares ISAs
The HMRC figures for 2023–2024 show that subscriptions to cash ISAs have increased by nearly 224% more than stocks and shares ISAs in the decade since 2013–2014.
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