As of April 2025, directors of close companies and self-employed taxpayers face new mandatory reporting requirements on their Self-Assessment returns.Up to 900,000 company directors and 1.2 million taxpayers carrying on a trade will be impacted by new rules that require them to provide more information when filing their 2025-26 self-assessment returns.Legislation has been enacted that…
Read more
Tax Diary November/December 2025
1 November 2025 - Due date for Corporation Tax due for the year ended 31 January 2025.19 November 2025 - PAYE and NIC deductions due for month ended 5 November 2024. (If you pay your tax electronically the due date is 22 November 2025.)19 November 2025 - Filing deadline for the CIS300 monthly return for…
Read more
Why it is important to have a Will
Many people put off writing a Will. It is easy to understand why. It feels like planning for something that is hopefully far away, and it can feel uncomfortable to think about what will happen after we are no longer here. Yet having a Will in place is one of the most considerate and practical…
Read more