After 15 years on ice, HMRC's mileage allowance is finally thawing out. From 6 April 2026, the tax-free rate for cars and vans jumps to 55p per mile for the first 10,000 business miles - the biggest shake-up since 2011. Even better: it's backdated to the start of the tax year, so every business mile you've already driven this year is worth more than you thought.
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If you're a company director who files a self-assessment tax return, there's a change coming from 2025/26 that's worth knowing about as it may affect you. HMRC is asking for a bit more detail about some directorships going forward, nothing too complicated, but it's important to get it right.
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There's a change from Companies House that every company director needs to know about and it's not one you can afford to overlook. Miss it, and you could find yourself unable to file your next confirmation statement.
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The end of the tax year on the 5 April has a habit of sneaking up on you! The good news is that a little bit of planning now might be able to save you money.
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The lights are twinkling, the stockings are ready, and Christmas spirit is filling the air again!
There are many ways to reward your employees in a tax efficient way. Some can be quite complex, but there are other ways of providing tax efficient or tax-free benefits which are surprisingly simple.
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Christmas is just around the corner - and not far beyond is the deadline for filing your self-assessment tax return.
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From Autumn 2025, there’ll be a new rule coming in - if you’re a company director, a Person with Significant Control (PSC), or someone who files company records, you’ll need to verify your identity with Companies House.
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Stamp Duty Land Tax (SDLT) is tax that is charged if you purchase a property or land. The amount of SDLT usually depends on the cost but other factors, such as whether it is being used for residential purposes or whether you own any other properties, can also affect the rate.
From 1 April 2025, the boundaries at which different rates of stamp duty apply have changed.
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Tea and biscuits make the perfect pairing. On their own, they’re great – but put them together and something magical happens. The same could be said for small and medium-sized businesses and accountants. On their own, they’re knowledgeable – but put them together and that’s when real business success happens. Don’t just take our word for it – it’s been proven!
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It was reported on 3 February this year by the BBC that, according to HMRC, an estimated 1.1 million people missed the deadline for filing their annual tax return.
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