Blog
All the latest changes to tax legislation- important tax dates and deadlines, Help-Sheets on managing your personal finances, business news & opinion, as well as updates on what’s happening at Rawcliffe’s.

Advisory Fuel Rates
The table sets out the HMRC advisory fuel rates from 1 June 2025. These are the suggested reimbursement rates for

VAT Groups and Anti-Avoidance
HMRC have published Tax Avoidance Spotlight 70 ‘VAT grouping structure arrangements used by

Official Rate of Interest
For employers reporting beneficial loans and some employment related living accommodation on form

2024/25 Employment-Related Securities Returns Due by 6 July
The deadline for reporting shares and securities and share options issued to employees for 2024/25 is

Double-Cab Pickups – Rule Changes for Benefit in Kind Purposes
Following a recent Court of Appeal ruling, from 6 April 2025, the classification of double-cab pickups (DCPUs) will need to

It’s P11D Season!
P11D forms for reporting expenses and benefits in kind provided to employees and directors in 2024/25 need to be submitted by

HMRC Spring Tax Update
On 28 April 2025, the Government made several tax policy announcements, launched consultations and confirmed previously

Raft of Tax Administration Measures Announced: How Will These Affect Businesses and Employers?
James Murray, the Exchequer Secretary to the Treasury, made a Written Ministerial Statement last week that included

What the Latest IMF Forecast Means for Business Owners
The International Monetary Fund (IMF) has predicted that the Bank of England could cut interest rates

VAT: ‘Food’ or ‘Confectionery’?
Group 1 of Schedule 8 VAT Act 1994 specifically makes ‘food’ zero-rated, although there is a long list of ‘excepted items’ which

The Furnished Holiday Lettings (FHLs) Regime
The Furnished Holiday Lettings (FHLs) regime was abolished on 6 April 2025. What does the abolition mean for

Changes to the Taxation of Non-UK Domiciled Individuals
From 6 April 2025, a new regime for the taxation of UK resident non-domiciled individuals came into effect. HMRC have

MTD for Income Tax - FAQs
Making Tax Digital for Income Tax (MTD for IT) will be introduced from 6 April 2026. Below are some frequently asked questions and answers

The New Markel Tax Service Period
The new Markel Tax Service Period has begun. It runs from March 18th – March 17th 2026.

Companies House Begins Phased Roll Out of New Powers to Tackle Fraud
On Monday 4 March 2024, Companies House introduced new and enhanced powers to improve the quality and reliability of its data and tackle misuse of the companies register.

IHT Reliefs for Business Owners and Farmers
The government is continuing with its plans to reform IHT agricultural property relief (APR) and business

Digital Record Keeping and Quarterly Reporting Requirements for Traders and Landlords (“MTD”)
Updates are continuing to come through on HMRC’s ‘Making Tax Digital for Income Tax’ (‘MTD for IT’) initiative. It will initially

Additional Clarity on R&D Reliefs
Due to the complexity of the rules around R&D reliefs, many companies do not know at the point of making an