November 2026 1 November 2026 – Due date for Corporation Tax payable by companies with an accounting period ended 31 January 2026, unless the company is required to pay Corporation Tax by instalments. 7 November 2026 – Deadline for the second quarterly update under Making Tax Digital for Income Tax for the 2026-27 tax year. […]
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HMRC is beginning to issue tax calculation letters (P800) and Simple Assessment notices (PA302) to collect any tax owed on bank and building society interest earned during the 2025-26 tax year. Some taxpayers may already have received a Simple Assessment for the 2025-26 tax year that did not include their savings interest. If HMRC subsequently […]
HMRC has introduced an automated payment process to speed up refunds for people who may have overpaid National Insurance contributions. The process has been in use since early summer, according to HMRC’s latest Agent Update. HMRC will write to people it identifies as potentially having overpaid, providing details of their past employment and National Insurance […]
Taxpayers who need to pay the High Income Child Benefit Charge (HICBC) for 2025-26 may be able to pay it through PAYE rather than completing a self-assessment tax return solely to report the charge. The HICBC applies where an individual or their partner receives Child Benefit and the individual’s adjusted net income exceeds £60,000. The […]
HMRC has updated its guidance on how individuals and organisations can apply for a certificate of residence or letter of confirmation to prove UK tax residence. A certificate of residence can be used to claim tax relief in another country where UK residents pay tax on foreign income. It confirms to the overseas tax authority […]
The Chancellor’s Budget includes changes affecting savings, property income, business disposals, payroll, pensions and the way tax is reported and paid. Some measures are new, while others confirm plans announced previously. Many will not take effect immediately, giving taxpayers time to consider their options. This update highlights developments likely to be of interest to individuals, […]
Could businesses benefit from greater software choice? The Competition and Markets Authority has announced a new investigation into competition within the UK business software market, raising questions about whether organisations have sufficient freedom to select, combine and change the software they use. On 16 October 2026, the regulator proposed designating Microsoft as having strategic market […]
Concern about energy costs among UK businesses has reached its highest recorded level since the Office for National Statistics began asking its current survey question in March 2026. According to figures published on 8 October, 72% of businesses expressed some degree of concern about energy prices, with the proportion rising to 91% among businesses operating […]
Cyber security is becoming an increasingly important concern for businesses of every size, particularly as criminals develop more convincing methods of impersonating suppliers, customers and senior employees. The Government’s announcement on 12 October 2026 of further measures to strengthen Britain’s defences against emerging artificial intelligence risks highlights the growing sophistication of cyber threats, although smaller […]
Small businesses considering taking on an apprentice have a new financial incentive to investigate following the introduction, from 1 October 2026, of a £2,000 hiring payment for eligible employers in England that do not pay the apprenticeship levy and recruit an apprentice aged between 16 and 24. The incentive forms part of the Government’s wider […]