Claiming to reduce payments on account

by | May 28, 2026 | Income Tax

Self-assessment taxpayers are usually required to make payments on account to pay their Income Tax liabilities. These are paid in two instalments, the first on 31 January during the tax year and the second on 31 July following the end of the tax year. A final...

New measures aimed at easing living costs

by | May 25, 2026 | General

The Government has announced a new package of measures designed to help households manage rising living costs during the summer months, as concerns continue over inflation, fuel prices and household spending pressures. The package, described as the “Great...

Tougher action on late payments

by | May 25, 2026 | Business Support

The Government has introduced a landmark new Bill aimed at tackling the growing problem of late payments to small businesses, with ministers describing the measures as the biggest crackdown in more than 25 years. Late payment remains one of the most significant...

Making Tax Digital – which software to use

by | May 21, 2026 | Income Tax

Making Tax Digital (MTD) for Income Tax is now in force for many self-employed individuals and landlords. Since 6 April 2026, taxpayers with qualifying business or property income exceeding £50,000 are required to maintain digital records and submit quarterly...