News
HMRC Wage Raid Payroll Checks 2026: Who Gets Visited and Why
Payroll compliance checks have stepped up sharply in 2026, with 389 employers named and the new Fair Work Agency…
Tax news
UK tax and money news explained in plain English — what changed, who it affects and what to do about it.
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Claiming Tax Relief on Work Expenses: HMRC's Updated P87 Rules
HMRC has updated its P87 guidance and formal directions on what a job expenses claim must contain. Miss the employer…
News
HMRC Mileage Rate Rises to 55p a Mile, Backdated to 6 April 2026
The approved mileage rate for cars and vans rises from 45p to 55p per mile for the first 10,000 business miles, the…
News
MTD Sign-Up Service Down 10 to 13 July: Act Before the 7 August Deadline
HMRC is taking its Making Tax Digital sign-up services offline from 5pm on Friday 10 July until 9am on Monday 13 July…
News
£1.6 Billion in Child Trust Fund Unclaimed Savings: How to Find Yours
More than 750,000 young people have unclaimed Child Trust Fund accounts worth £2,200 on average. A new government…
News
Kids Meals Tax Cut 2026: VAT Slashed to 5% on Children's Meals and Days Out
The Great British Summer Savings scheme went live on 25 June 2026, cutting VAT from 20% to 5% on children's restaurant…
News
Government Launches Consultation on New First Time Buyer ISA
The UK government launched a consultation on 23 June 2026 on a new First Time Buyer ISA designed to replace the Lifetime…
News
Dividend Tax Rise 2026/27: New 10.75% and 35.75% Rates Explained
From 6 April 2026 the basic dividend rate rose from 8.75% to 10.75% and the higher rate from 33.75% to 35.75%. The £500…
News
Tax on Savings Interest 2026/27: The Personal Savings Allowance
With savings rates the highest in years, more people are breaching their Personal Savings Allowance - £1,000 for…
News
Marriage Allowance 2026: Claim Up to £252 (and Backdate It)
If one of you earns under £12,570 and the other is a basic-rate taxpayer, Marriage Allowance lets you transfer £1,260 of…
News
High Income Child Benefit Charge 2026: The £60,000–£80,000 Trap
The High Income Child Benefit Charge applies when someone in the household has adjusted net income over £60,000, clawing…
News
Stamp Duty 2026: What You Pay and First-Time Buyer Relief
In England and Northern Ireland, Stamp Duty Land Tax now starts at £125,000, with first-time buyers paying nothing up to…
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