Posts by WDS Admin
News
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Settlor retains interest in settled property
The settlements
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Increase in employment costs 2026-27
From April 2026, the
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Tax Diary May/June 2026
1 May 2026 – Due
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Reducing domestic energy costs
Energy costs remain
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Living away from home?
Private Residence
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Vaping products duty schemes
The new Vaping
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New rules for working from home from April 2026
The rules on
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MTD – when the quarterly returns to HMRC are due
Making Tax Digital
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New support measures to allow affordable debt repayment
The government has
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Do you have a personal tax account yet?
Your Personal Tax
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Preparing for a new employment landscape in 2026: “Day One” Entitlements
Paternity Leave
As
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Crackdown on energy profiteering
The government has
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Data Protection rules are still alive
Businesses that
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S455 Tax on Overdrawn Director’s Loan Accounts: What’s Changing in April 2026?
From April 2026, the S455 tax charge on overdrawn director’s loan accounts is increasing from 33.75% to 35.75%. If your loan account is — or is likely to be — overdrawn at your next year end, now is a good time to review your options. Our tax team explains what’s changing and what you can do about it.
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Your responsibilities if registered for VAT
It is important to
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The marginal Corporation Tax rates
The rate of
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Tax-free and taxable State Benefits
While there are many
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Business Asset Disposal Relief – tax increase from April 2026
The tax rate for
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Business.gov.uk advice selling to international markets
There are a variety
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Action to reduce cost of living pressures
The Chancellor has
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Income from spare capacity
Many businesses have
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Managing stock turnover
Stock turnover
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Rolling over capital gains
Rolling over capital
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The 7-year gift rule is still available
The 7-year gift rule
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Could you claim the Marriage Allowance
The Marriage
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MTD for Income Tax – are you affected?
If you have not yet
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Employing young people in your business
When a new employee
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VAT recovery on car leasing
The VAT treatment of
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MTD for Income Tax: A Simple Guide for Small Business Owners
From April 2026, sole traders and small business owners with gross income over £50,000 must move to quarterly digital reporting under Making Tax Digital for Income Tax. This guide explains what changes, what deadlines apply, and the five steps to get your business MTD-ready before April.
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Payroll & HR Changes 2026
From April 2026, employers face the most significant overhaul to Statutory Sick Pay since 1985, alongside new National Minimum Wage rates and updated statutory pay across the board. Walter Dawson & Son’s payroll team breaks down exactly what’s changing, who’s affected, and what you need to do before 6 April to stay compliant.
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Ways businesses can reduce fuel bills
Tensions in the
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Cash flow challenges facing small businesses
Cash flow remains
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Estimate your Income Tax for the current tax year
If you are concerned
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Tax on inherited property, money or shares
As a general rule,
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The Rent a Room Scheme
The Rent a Room
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Companies House blunder
A Companies House
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How long should you keep your tax records
Following the
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What are dividends and how are they taxed
A dividend is a
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Tax if selling a second property
You may have to pay
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End of Tax Year To Do List
With 5 April 2026 fast approaching, now is the time to review your finances. From ISAs and pensions to capital gains and gifting, our checklist highlights the key allowances you should be making the most of before the tax year closes.
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When is a “self-employed” contractor a de facto employee?
The employment
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Exit planning, an essential step for business owners
Many business owners
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Business solvency, why it matters
Business solvency
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Landlords: MTD for Income Tax Is Changing How You Report Your Rental Income
From April 2026, landlords with gross rental income over £50,000 must submit quarterly digital updates to HMRC under Making Tax Digital for Income Tax. Find out what changes, whether it applies to you, and what you need to do before the deadline.
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Tax Diary April/May 2026
1 April 2026 – Due
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Tax allowances frozen for 2026-27
It was confirmed as
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Seven million people started new jobs in 2025
New figures
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Still time to top up your pension contributions
With the end of the
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Changes to the calculation of Income Tax
A number of changes
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Who will be subject to MTD for IT from 6 April 2026
Taxpayers who are
