Tax Talk

HMRC nudging businesses in respect of VAT

Date posted: 5th May 2026

HMRC has recently increased its use of so-called “one-to-many” nudge letters to businesses it believes may have failed to register for VAT. These letters are not formal enquiries,…

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Taxation of Dividends in 2026/27: Rates, Allowance and Planning Impact

Date posted: 5th May 2026

The taxation of dividends changes from 6 April 2026, following measures announced in the 2025 Autumn Budget. The ordinary and upper dividend tax rates increase by 2 percentage…

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Company car benefits in kind – changes are coming!

Date posted: 5th May 2026

Understanding Benefit in Kind (BIK) rates for electric cars and hybrid vehicles is essential for UK employers and employees planning tax-efficient company car arrangements. The government has confirmed…

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Employment Related Securities (ERS) Reporting – Don’t Miss the 6 July 2026 Deadline

Date posted: 5th May 2026

With the Employment Related Securities Reporting Deadline 6 July 2026 fast approaching, employers should review their 2025/26 share schemes and any employment-related share transactions to ensure full compliance….

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Understanding P11Ds: What They Are and the Shift to Payrolling Benefits

Date posted: 26th Mar 2026

P11D forms are essential HMRC documents that UK employers use to report taxable benefits and expenses provided to employees and directors. These “benefits in kind” – such as…

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UK tax changes from April 2026 – what individuals and businesses need to know

Date posted: 26th Mar 2026

April 2026 marks the start of a new tax year, with a raft of changes across income tax, capital gains tax (CGT), inheritance tax (IHT), corporation tax and…

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HMRC enquiries are increasing

Date posted: 26th Mar 2026

HMRC is investing heavily in data and analytics to spot returns that look unusual or higher risk. It now compares your expenses with sector norms and your own…

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Daily penalties – watch out from 1 May 2026

Date posted: 26th Mar 2026

If your 2024/25 tax return has not been submitted to HMRC, daily penalties will start to accrue from 1 May 2026, on top of the initial £100 late…

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ATED: What It Is and Why the 30 April 2026 Deadline Matters?

Date posted: 27th Feb 2026

If you own UK residential property through a company or another “non‑natural person” structure, the Annual Tax on Enveloped Dwellings (ATED) may apply to you. With the next…

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Some good news for business owners and farmers

Date posted: 27th Feb 2026

From 6 April 2026, the 100% relief threshold for Agricultural Property Relief (APR) and Business Property Relief (BPR) will increase to £2.5 million per estate (from the proposed…

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