Deadline for first Making Tax Digital quarterly update fast approaching
Are you ready to file? Sole traders and landlords that are required to use Making Tax Digital (MTD) to report their earnings are due to send their first quarterly update by 7 August 2026. The quarterly update involves sending income and expenses for the first three months of the tax year to HMRC. After an […]
Andy Burnham’s new government, a balancing act
VAT reduction, cap on public transport and business rates cut announced Andy Burnham’s first days as Prime Minister have been marked by a flurry of announcements designed to show that his government intends to move quickly. Presenting himself as a leader focused on easing pressure on households and rebuilding trust in politics, Burnham has begun […]
Tax E-news – August 2026
We welcome you to the August edition of our Tax Newsletter. We hope that you find this informative. Please contact us if you wish to discuss in more detail any of the points highlighted. QUESTIONS OVER FUTURE TAX CHANGES UNDER NEW PRIME MINISTER ANDY BURNHAM Since becoming Prime Minister, Andy Burnham has made cost-of-living support […]
Upcoming deadlines for SME reporting to HMRC
Dates for your diary PAYE Settlement Agreement The deadline for applying for a PAYE Settlement Agreement (PSA) or making any amendments to an existing PSA is 5 July following the first tax year to which it applies. PSAs are an agreement between an employer and HMRC. For example, for the tax year 2025-26, you will […]
Why every business needs a business plan
See how a business plan can help your business grow You have the idea, the energy, and maybe even your first customers. So why slow down to write a business plan? It can seem like something banks ask for, but not something that really helps you run your business. However, for small and growing […]
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