Making Tax Digital (MTD) for Income Tax - deadline reminders
From April 2026, MTD for Income Tax came into force for sole traders and landlords who had gross income over £50,000 in the previous tax year. Read More...
HMRC rejects almost half of Making Tax Digital exemptions
At the time of its request, a Freedom of Information request has shown that HMRC rejected 47% of applications for exemption from the MTD for Income Tax scheme. Read More...
Pensions to be included in IHT calculations from April 2027
From April 2027, unused defined contribution (DC) pensions will be counted as part of a person's estate for inheritance tax (IHT). Read More...
Drop in tax relief on VCTs may affect economic growth
The Chancellor reduced income tax relief on Venture Capital Trusts (VCTs) from 30% to 20%, effective 6 April 2026. Read More...
June Questions and Answers
Q: I retired last year but have since taken on a part-time job. My defined benefit pension uses up my Personal Allowance, so how much tax will I have to pay? Read More...
June Key Dates
1st: Corporation Tax payments are due for companies with a year-end of 31st August. Read More...
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Hartley Fowler LLP Accountants are based in Wimbledon and Brighton, offering local business owners and individuals a wide range of services. All clients are entitled to fixed fees, work delivered on time and unlimited phone support. Visit our website https://hartleyfowler.com/ for more information.
