Tax Diary October/November 2025
1 October 2025 - Due date for Corporation Tax due for the year ended 31...
VAT late filing penalties
New rules mean late VAT filings and payments now trigger points, fines and interest charges.
The...
Gifts with reservation of benefit
Gifting assets can cut inheritance tax, but traps like “gifts with reservation of benefit” may...
Holding over gains on gifts
Gift Hold-Over Relief is a form of Capital Gains Tax (CGT) relief that allows you...
What counts as working time for minimum wage purposes
Employers must ensure they are paying staff at least the National Minimum Wage (NMW) or...
Why your tax code might change
The letters in your tax code indicate whether you are entitled to the annual tax-free...
Are you selling goods or services on a digital platform?
From 2024, platforms like eBay, Vinted and Airbnb must report seller data to HMRC, so...
Balancing access to justice and abuse of process
An extended civil restraint order (ECRO) was issued against a prolific Employment Tribunal (ET) litigant...
Keeping your best people with flexible working
For many small business owners, finding and keeping good staff is one of the biggest...
Cash flow resilience and access to funding
Running a small business often feels like walking a financial tightrope. Cash can be flowing...
Fixing problems with running payroll
Employers must report pay and deductions correctly to HMRC, but errors can usually be fixed...
Unused pension funds and IHT from April 2027
From 6 April 2027, new measures first announced in the Autumn Budget 2024 will come...
What if your pension contributions are excessive?
You can claim tax relief on pension contributions up to 100% of earnings, but exceeding...
MTD for IT taxpayer exemption
From April 2026, the self-employed and landlords must use MTD for IT, but exemptions may...
Corporation tax roadmap
With a £50bn shortfall looming, the Chancellor may need to revisit last year’s Corporation Tax...