Nov 11, 2024 | Government Announcements
With the self-assessment deadline approaching, HMRC urges landlords with unpaid tax on property income to disclose earnings from buy-to-let properties. The Let Property Campaign allows individual landlords to report previously undisclosed tax on rental income for UK...
Nov 6, 2024 | Government Announcements
In a significant move to regulate the UK’s tax advice sector, the government has confirmed that all tax advisers will be required to register with HMRC from 1 April 2026. This mandate is part of a broader effort to raise standards within the profession and clamp down...
Nov 6, 2024 | Government Announcements
In her first Budget speech as Chancellor, Rachel Reeves introduced a series of tax reforms aimed at addressing the UK’s fiscal challenges. Faced with Labour’s manifesto pledges to avoid increasing income tax, national insurance, and VAT, Reeves focused on other...
Nov 5, 2024 | Business TaxGovernment AnnouncementsPersonal Tax
From April 2026, all tax advisers dealing with HMRC will be required to register under new Government rules aimed at reducing unethical practices. The mandatory registration is part of a broader effort to regulate the tax advice industry and eliminate rogue...
Nov 4, 2024 | Government Announcements
HMRC has confirmed that double-cab pickups will be taxed as cars from April 2025, following the latest Budget announcement. This change, outlined in the Budget Red Book, reverses earlier decisions that caused uncertainty over the taxation of these vehicles....
