Tax News
Latest UK tax changes and HMRC updates
Xero Alternatives Under £10/Month: 8 Options for UK Limited Companies (2026)
Xero keeps raising prices. Here are 8 affordable alternatives for UK Ltd company directors, from free to £9/month, all MTD-compatible.
QuickBooks Price Increase 2026: What Changed and What Are Your Options?
QuickBooks raised UK prices by up to 50% in January 2026. Here's what changed, what you're now paying, and the alternatives worth considering.
7 Tax Changes Hitting UK Ltd Company Directors on 6 April 2026
Major tax changes taking effect 6 April 2026: dividend tax rise, CT penalties doubled, capital allowances, WFH relief scrapped, and more. What directors need to do now.
Benefits in Kind — Mandatory Payrolling from April 2026
HMRC is making payrolling of benefits in kind mandatory from April 2026. Find out which benefits are affected, how it works, and what directors need to do.
Business Asset Disposal Relief Rate Rising to 18% from April 2026
BADR is rising from 14% to 18% in April 2026, halving the tax saving when you sell your business. Here is what the change means and whether to act before the deadline.
Capital Allowances Changing April 2026 — WDA Drops from 18% to 14%
The main writing-down allowance drops from 18% to 14% in April 2026, but a new 40% first-year allowance softens the blow. Here's what to buy and when.
Companies House ID Verification — Every Director Must Act by November 2026
Mandatory identity verification for all UK company directors and PSCs starts now, with full enforcement by November 2026. Here's what to do.
Corporation Tax Late Filing Penalties Doubling from April 2026
HMRC is doubling corporation tax late filing penalties from April 2026. The initial fine rises from £100 to £200. Here's the full penalty timeline.
Dividend Tax Rising to 10.75% in April 2026 — What It Costs You
Dividend tax rates increase on 6 April 2026. Basic rate rises to 10.75%, higher rate to 35.75%. See worked examples and what to do before April.
Employer NI at 15% — One Year On
Employer NI rose to 15% with the threshold dropping to £5,000 in April 2025. One year on, here's what it actually cost small companies and what comes next.
HMRC Interest Rates at 7.75% — Why Late Payment Costs More Than Ever
HMRC late payment interest is now 7.75%. See what a late corporation tax or self-assessment bill actually costs, plus six ways to avoid it.
Income Tax Thresholds Frozen Until 2031 — The £55 Billion Stealth Tax
The personal allowance and higher rate threshold are frozen until 2031. Here is what fiscal drag means for UK company directors and how to plan around it.
MTD for Income Tax Starts April 2026 — What Landlord-Directors Need to Know
Making Tax Digital for Income Tax launches April 2026 for income over £50k. Directors with rental or self-employed income must report quarterly.
National Living Wage Rising to £12.71 — What Employers Need to Budget
The National Living Wage rises to £12.71/hour from April 2026. Combined with 15% employer NI, here is the true cost per employee and how to plan for it.
The Optimal Director's Salary for 2026/27
Find the most tax-efficient director's salary for 2026/27. With employer NI at 15% and the threshold at £5,000, the old advice needs updating.
Working from Home Tax Relief Scrapped from April 2026
HMRC is removing the £6/week working from home tax relief from 6 April 2026. Here's what directors can still claim through their company instead.
Stop reading about accounting.
Let AI do it for you.
AccountsOS handles your receipts, deadlines, and bookkeeping automatically. Ask questions in plain English and get instant answers.
Get Started Free