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.
Relief on Fuel Duty and Hauliers Get Road Tax Holiday
The government have announced some fuel duty and road tax changes designed to help with the
HMRC Introduces Targeted Advance Assurance Service For R&D Claims
Originally proposed in last autumn’s Budget, HM Revenue & Customs (HMRC) have introduced a targeted advance assurance service for
Money Laundering and Terrorist Financing (Amendment) Regulations 2026 – Key Changes
Following a consultation on improving the effectiveness of the Money Laundering Regulations, the government laid a new
Late Payment Legislation Laid Before Parliament
Following its mention in the King’s Speech, the Small Business Protections Bill has now been put
Dividends on the 2025/26 Self-Assessment Tax Return
For taxpayers required to submit a self-assessment tax return, new boxes on the 2025/26 employment page form will
Tax-Free Mileage Rates
A 10p per mile increase in tax‑free mileage rates will apply in the 2026/27 tax year, backdated to
Temporary Reduced Rate of VAT
From 25 June to 1 September 2026, the 5% reduced rate of VAT will apply to the following eligible activities:
Stamp Duty Land Tax (SDLT): What is ‘Mixed Use’?
When buying property in England, Stamp Duty Land Tax (SDLT) often represents a significant cost. One crucial distinction is
April 2026 Changes to The Construction Industry Scheme (CIS)
As outlined in Autumn Budget 2025, several changes took place on 6 April that may affect those who use
What Qualifies for Capital Allowances?
In Orsted West of Duddon Sands (UK) Limited & Ors v HMRC, the Supreme Court considered whether major pre‑construction costs
Loans to Participators (Company Shareholders)
When a close company makes a loan to a participator (in most cases, this means a company’s shareholder), and it is not
Making Tax Digital for Income Tax is Now Live
Making Tax Digital (MTD) for Income Tax is now live – most self-employed individuals and landlords with turnover above
HMRC Self Assessment Tax Payments
HMRC generally offsets overpaid tax against any outstanding payments on account (POA), rather than
Should You Incorporate Your Business?
If you have been running a business for a while, maybe as a sole trader or in a partnership, you may
Dividends: HMRC Are Watching!
Returning to corporation tax, a new consultation, ‘Reporting company payments to participators’ has been published,
What Else is Changing in the 2026/27 Tax Year?
It can be hard to keep track of tax changes, with the start of a new tax year often bringing new rates, allowances and
Making Tax Digital for Income Tax – Go Live!
The commencement of Making Tax Digital (MTD) for income tax is now live! This is the new 2026/27 tax year regime for