No deadline extension for weekends or bank holidays
HMRC are having to remind taxpayers that there is no deadline extension if a VAT return submission date falls on a weekend or a bank holiday.
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Approved mileage rate hike
The Chancellor has declared a 10p per mile rise in the tax-free mileage rates that can be reimbursed to employees who use their personal vehicles for business activities, effective retroactively from 6 April 2026.
Pension scams warning
Anyone confused or anxious about the inheritance tax (IHT) changes being introduced for pensions needs to be aware that scammers might try to target their savings.
What goes into the tax cocktail?
New data from HMRC shows how much the government relies on just four taxes.
The ‘mansion tax’ and property prices – what’s to come?
Further information has surfaced regarding the possible effects of the ‘mansion tax’ that was introduced in the most recent Budget.
Close company directors asked to reveal more
Directors of closely held companies will now be required to furnish more comprehensive information than before when completing their self-assessment tax returns for the fiscal year 2025/26. In the long run, close companies themselves will also need to provide considerably more detailed data.
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