Tax – Pacific Chartered Accountants

Tax e-News September 2025

Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.

In this month’s edition:

This month’s tax update brings you essential news on significant changes ahead. We cover major reforms to Statutory Sick Pay (SSP), new HMRC compliance checks on business expenses, and important updates on property tax and the Winter Fuel Payment.

Key points include:

* SSP Reforms from April 2026: SSP will soon be payable from day one, and the minimum earnings threshold will be removed.
* HMRC Targets Business Expenses: A new campaign will focus on ensuring correct private use adjustments in Self Assessment returns.
* SDLT on Dilapidated Properties: HMRC has issued a warning about incorrect SDLT reclaim claims for properties in need of repair.
* Winter Fuel Payment Clawback: Find out if your payment will be recovered and note the 15 September 2025 opt-out deadline.

Read on for more details and other key tax updates.

Tax e-News August 2025

Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.

In this month’s edition:

This August 2025 Tax E-News provides a summary of recent tax developments. Legislation Day on July 21, 2025, saw the release of draft tax documents. Key proposals include new restrictions on inheritance tax relief for agricultural and business property from April 2026, and bringing Employee Car Ownership Schemes under benefit-in-kind rules. HMRC’s Transformation Roadmap, aiming for 90% of customer interactions to be digital by 2030, was also launched.

Regarding Making Tax Digital (MTD), HMRC is moving forward with MTD for Income Tax, set to begin on April 6, 2026. However, MTD for Corporation Tax will not be implemented. The first group of individuals to be mandated will be those with qualifying income over £50,000 in the 2024/25 tax year. Lastly, HMRC has identified an issue with some self-employed taxpayers being incorrectly charged Class 2 National Insurance contributions for 2024/25 and is working to correct these records.

Tax e-News July 2025

Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.

In this month’s edition:

We tackle the key questions affecting business owners and individuals. Discover why the best way to extract profit from your company is no longer a simple answer, how you can get a 25% government bonus on childcare costs, and what landlords of joint properties need to know about Making Tax Digital. Read on for essential tax-planning insights.

Tax e-News June 2025

Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.

In this month’s edition:

HMRC SPRING TAX UPDATE
IT’S P11D SEASON!
2024/25 EMPLOYMENT-RELATED SECURITIES RETURNS DUE BY 6 JULY
VAT GROUPS AND ANTI-AVOIDANCE
ADVISORY FUEL RATES
DIARY OF MAIN TAX EVENTS – JUNE/JULY 2025

Personal Tax – Year End Tax Planning Guide 2024/25

With the end of the 2024/25 tax year fast approaching, it is now the time to consider some opportunities for saving tax with some careful end of year tax planning. This guide will provide you with lots of tax saving tips, but not all of these will be relevant to your particular circumstances.

Tax e-News March 2025

Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.

MAKING TAX DIGITAL FOR INCOME TAX
TIMING OF DISPOSALS AND ELECTIONS FOR CAPITAL GAINS TAX
LOAN CHARGE REVIEW – HAVE YOUR SAY!
ARE YOU TRADING?
ATED
ADVISORY FUEL RATES FOR COMPANY CARS
DIARY OF MAIN TAX EVENTS – MARCH / APRIL 2025

Tax e-News February 2025

Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.

THERE’S STILL TIME FOR SOME YEAR END TAX PLANNING!
AVOID ANY DOUBLE CAB ‘HICCUPS’!
EMPLOYMENT EXPENSES
VAT ON FOOD AND DRINK
DIARY OF MAIN TAX EVENTS – FEBRUARY/MARCH 2025

Tax e-News January 2025

Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.

In this month’s newsletter:

SCOTTISH AND WELSH BUDGETS
GET READY FOR MAKING TAX DIGITAL FOR INCOME TAX
CORPORATE TAX ROADMAP
PAYROLLING BENEFITS IN KIND
HMRC SCAM WARNING
DIARY OF MAIN TAX EVENTS – JANUARY/FEBRUARY 2025

Tax e-News October 2024

Welcome to our monthly tax newsletter designed to keep you informed of the latest tax issues.

In this month’s newsletter:

POSSIBLE CAPITAL GAINS TAX CHANGES IN THE OCTOBER BUDGET – SHOULD YOU BRING FORWARD ASSET DISPOSALS BEFORE BUDGET DAY?
BEWARE “BED AND BREAKFAST” ANTI-AVOIDANCE
RUMOURS OF PENSION CHANGES IN THE OCTOBER BUDGET
MANY OVER 55’S CAN WITHDRAW 25% OF THEIR PENSION FUND TAX-FREE
CHECK YOUR STATE PENSION ENTITLEMENT
“NUDGE” LETTERS BEING SENT BY HMRC TO TAXPAYERS
BEWARE “SCAM” LETTERS CLAIMING TO BE FROM HMRC
DIARY OF MAIN TAX EVENTS -OCTOBER/NOVEMBER 2024