December 2026 1 December 2026 - Due date for Corporation Tax payable by companies with an accounting period ended 28 February 2026, unless the company is required to pay Corporation Tax by instalments. 7 December 2026 - VAT returns and payments are normally due for VAT accounting periods ended 31 October 2026, unless an alternative
More...Businesses planning improvements to their premises could benefit from changes to the planning system intended to reduce delays and make straightforward applications easier to process. The Government announced on 30 October 2026 that a new system would allow professional planning officers to decide routine applications without waiting for
More...Ambitious businesses looking to expand may benefit from a new Government programme designed to help promising companies overcome some of the difficulties associated with rapid growth. Announced on 29 October 2026, Scale UK Connect will provide tailored support to 200 high-growth businesses through a network of regional partners. The
More...The Chancellor of the Exchequer, John Healey, announced increases to the National Living Wage (NLW) and National Minimum Wage (NMW) rates, confirming that the Government has accepted in full the recommendations of the Low Pay Commission (LPC) for increases from 1 April 2027. The LPC said that it had to balance higher wages for workers
More...The Autumn Budget 2026 saw no changes to the Income Tax thresholds. From next April, the personal allowance will remain at £12,570, while the basic rate limit remains £37,700 and the higher rate threshold remains £50,270 in England, Wales and Northern Ireland. These thresholds remain frozen under previously announced policy until April
More...The Chancellor, John Healey announced changes to Capital Gains Tax (CGT) reliefs for business owners and investors as part of the Budget measures. From 6 April 2027, the lifetime limit for Business Asset Disposal Relief (BADR) will be reduced from £1 million to £500,000. The change will apply to qualifying disposals made on or after that
More...The Autumn Budget 2026 announced changes to the tax relief available to businesses investing in plant and machinery. The Government will increase the main rate first-year allowance to 50% for qualifying expenditure incurred from 1 January 2027, while reducing the main rate writing-down allowance from 14% to 12% from April 2027. The
More...The Autumn Budget 2026 announced several measures aimed at helping drivers with the cost of fuel, business travel and electric vehicle charging. These include extending the temporary fuel duty cut, making tax-free mileage rates more generous and reducing the cost of using some public electric vehicle chargers. The Government will extend
More...It was announced as part of the Autumn Budget measures that the Trading Allowance will increase from £1,000 to £3,000 from 6 April 2027. The increase will help people earning small amounts from trading or other miscellaneous activities, while reducing the administrative burden of reporting this income to HMRC. The Trading Allowance
More...HMRC is in the process of writing to some individuals defined as a ‘Person of significant control’ (PSC) to raise awareness of potential tax liabilities and to help ensure their self-assessment tax returns are completed correctly for 2025-26. The letters explain that an individual may be a PSC if they hold more than 25% of a company’s
More...From 6 April 2027, most unused pension funds and pension death benefits will be included in the value of a deceased person’s estate for Inheritance Tax (IHT) purposes. The changes, legislated for in the Finance Act 2026, represent a significant change to the tax treatment of pensions on death. Individuals with significant pension savings
More...The Construction Industry Scheme (CIS) sets out how contractors deduct tax from payments to subcontractors working in construction. Contractors must submit monthly returns to HMRC detailing payments made and deductions taken. HMRC has recently highlighted some common errors in CIS returns and is asking contractors to check their figures
More...HMRC is contacting individuals who have come to the UK on secondment to remind them of the rules for claiming tax relief on travel and accommodation expenses incurred when working at a temporary workplace. The letters and emails highlight two common errors and explain how to avoid them when completing self-assessment tax returns for
More...There is a welfare counselling exemption that covers the tax treatment of employer-provided welfare counselling. The exemption allows employers to provide certain counselling services to employees without creating a taxable benefit. Updated guidance has recently been published. The guidance does not change the legislation or extend the
More...HMRC has published new guidance explaining the penalties that digital platform operators may face for failing to meet their tax reporting obligations. The guidance, published on 16 October 2026, clarifies how the existing rules for digital platform operators apply. The rules cover websites and apps that connect sellers with customers to
More...What the announcements could mean for you and your business The Chancellor’s Budget includes changes affecting savings, property income, business disposals, payroll, pensions and the way tax is reported and paid. Some measures are new, while others confirm plans announced previously. Many will not take effect immediately, giving
More...Smaller businesses may find it easier to compete for public sector contracts following new Government proposals intended to reduce unnecessary paperwork and simplify the process of dealing with public authorities. On 23 October 2026, the Government announced its response to recommendations from the Small Business Regulatory Taskforce,
More...Businesses experiencing difficulties recruiting suitably qualified employees may benefit from new Government plans to expand apprenticeships, work experience and vocational training across several important sectors of the economy. Announced on 19 October 2026, the Industrial Strategy Jobs Plans are intended to create more than 100,000
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