Tax Diary June/July 2026
1 June 2026 - Due date for corporation tax due for the year ended 31...
How the Marriage Allowance works
The Marriage Allowance lets you transfer £1,260 of your Personal Allowance to your husband, wife...
Self-employed National Insurance
Most self-employed people are required to pay Class 4 National Insurance contributions (NICs). Class...
National Insurance liability on benefits in kind
National Insurance contributions that relate to employee benefits are known as Class 1A National Insurance...
How capital gains are linked with Income Tax
How capital gains are linked with Income Tax is important to understand as your overall...
How dividends are taxed
Dividends are taxed differently from other types of income, with separate allowances and tax rates...
The 60% tax band
Many taxpayers are surprised to learn that once their income exceeds £100,000, they can face...
A pattern of workplace harassment may be treated as a continuous event
A pivotal ruling has raised a protective umbrella over those impacted by a toxic workplace...
Non-tax considerations when returning to the UK
Returning to the UK after a period abroad can feel straightforward on the surface, but...
Update on Companies House plans for profit and loss filing
There has been considerable discussion over the past year about whether small companies would be...
Gifts to a spouse or civil partner
Transfers of assets between spouses or civil partners are usually free from Capital Gains Tax...
NIC and tax after reaching State Pension age
If you continue working after reaching State Pension age, your National Insurance position changes, but...
Setting off losses against other income sources
If you are self-employed or a member of a partnership, you may be able to...
Tax on savings interest
If your taxable income for the 2026-27 tax year is less than £17,570, you will...
How bonuses are taxed
Bonuses are treated as taxable earnings, so both employers and employees need to understand how...
Reclaiming VAT on taxi and ride-hailing fares
Changes announced in the Autumn Budget have removed the use of a niche VAT scheme...
Cash flow resilience in uncertain trading conditions
Rising costs and economic uncertainty have made cash flow management more important than ever. While...
New legal duty for landlords under the renters’ rights act
Landlords must now comply with an important new legal requirement introduced under the Renters’ Rights...
Who pays Income Tax at Scottish rates?
The rules as to who pays Income Tax in Scotland is determined by whether an...
What is the Annual Investment Allowance?
The Annual Investment Allowance (AIA) is a valuable tax relief that allows businesses to deduct...
Filing your 2025-26 self-assessment tax return
The 2025-26 tax year ended on 5 April 2026, and attention now turns to filing...
When is CGT payable on gains during 2026-27
For most capital gains realised in the 2026-27 tax year, Capital Gains Tax (CGT) is...
Pay back private fuel costs and avoid tax charge
Employees who receive fuel from their employer for private use in a company car can...
Beware Winter Fuel Payment scams
Pensioners are being urged to stay vigilant for any Winter Fuel Payment scams. HMRC is...
