Publications

It is important at this time of year to not overlook the filing deadline for any forms P11D that may be required to report certain benefits and expenses provided to employees in the tax year ended 5 April 2025.

Changes to National Insurance rates and thresholds have come into effect from 6 April 2025, as well as changes to the National Minimum Wage. Both these measures will potentially be very costly to businesses, so it is important to be fully aware of the implications and the changes introduced.

Chancellor Rachel Reeves delivered her Spring Statement on Wednesday 26 March 2025. Read our report of the main announcements.

HMRC are sending “nudge letters” to individuals who they believe may not have made full disclosure of their taxable income and/or gains. One area that is often misunderstood is the tax implications of investing in cryptoassets. If you think this may apply to you then it is important that you tell HMRC before they get to you.

As the end of the 2024/25 tax year approaches on 5 April, it is a good time to review your affairs, making the most of opportunities to maximise your income and minimise your tax.

HM Revenue & Customs has urged taxpayers to be alert to scams. As many people are filing their Tax Returns around this time of year, fraudsters can try to take advantage of this by attempting to contact taxpayers asking them to disclose personal information. Over the past year, nearly 150,000 scam attempts were reported. Don’t be one of the statistics!

As 2024 draws to a close, many employers will be looking for ways to reward their teams’ hard work. But how can you do that in a tax-efficient way that benefits both you and your employees? Let’s take a look at the main tax considerations to bear in mind.

Chancellor Rachel Reeves delivered her Budget on Wednesday 30 October 2024, the first Labour Budget for almost 15 years. We will take a look at a few of the main announcements in further detail.

Chancellor Rachel Reeves delivered her Budget on Wednesday 30 October 2024. Read our report of the main announcements.

Tax-efficient gift-giving is an essential aspect of estate planning that can significantly reduce your inheritance tax liabilities while benefiting your loved ones. By carefully planning and utilising the available allowances and exemptions, you can ensure that more of your wealth passes on to your family and less is lost to taxes.

If you don’t normally complete Tax Returns but think that you may have tax to pay then remember, it is your responsibility to tell HM Revenue & Customs (HMRC). Don’t wait for them to come after you! The clock is ticking. You must tell HMRC by 5 October 2024 at the very latest.

With the recent rumours of potential changes to the taxation of pensions in the new Labour Government’s first Budget on 30 October, it is probably a good time to review your pension planning to make sure you are making as much use of your allowances as possible.