Category Archives: Industry News
News
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Tax Diary May/June 2026
1 May 2026 – Due
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Increase in employment costs 2026-27
From April 2026, the
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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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MTD – when the quarterly returns to HMRC are due
Making Tax Digital
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New rules for working from home from April 2026
The rules on
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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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Action to reduce cost of living pressures
The Chancellor has
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Business Asset Disposal Relief – tax increase from April 2026
The tax rate for
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The marginal Corporation Tax rates
The rate of
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Business.gov.uk advice selling to international markets
There are a variety
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Tax-free and taxable State Benefits
While there are many
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Your responsibilities if registered for VAT
It is important to
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Managing stock turnover
Stock turnover
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Income from spare capacity
Many businesses have
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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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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 – are you affected?
If you have not yet
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Could you claim the Marriage Allowance
The Marriage
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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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Companies House blunder
A Companies House
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Estimate your Income Tax for the current tax year
If you are concerned
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How long should you keep your tax records
Following the
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Tax on inherited property, money or shares
As a general rule,
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Tax if selling a second property
You may have to pay
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The Rent a Room Scheme
The Rent a Room
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What are dividends and how are they taxed
A dividend is a
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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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Increase in company late filing penalties
After the end of its
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Changes to the calculation of Income Tax
A number of changes
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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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Who will be subject to MTD for IT from 6 April 2026
Taxpayers who are
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Still time to top up your pension contributions
With the end of the
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MTD Is Here: What Every Freelancer and Sole Trader Needs to Know Before April 2026
HMRC’s biggest shake-up to self-assessment in a generation is almost here. From April 2026, sole traders and landlords earning over £50,000 must ditch the annual tax return and switch to quarterly digital reporting. Here’s everything you need to know — and what to do right now.
