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Fixed late filing penalties for corporation tax to increase

by Jessica Garbett | Dec 4, 2025 | ACCA, budget, business taxation

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Government intends to restore original value and encourage greater compliance The government has announced that fixed late filing penalties...

Income tax thresholds

by Jessica Garbett | Dec 3, 2025 | ACCA, budget, business taxation, personal taxatation

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Outlining changes to the application of these thresholds The Chancellor has announced that the freeze in personal tax and employer National...

Capital allowances and electric car changes

by Jessica Garbett | Dec 3, 2025 | ACCA, budget, business taxation, personal taxatation

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA The Chancellor has announced two key changes for capital investments and changes to the taxation of electric cars Changes to capital...

Winter 2025 Budget – A First Look

by Jessica Garbett | Nov 26, 2025 | budget, business issues, business taxation, capital taxation, HMRC, personal finance, personal taxatation, property taxation, Tax News, VAT

A first look at today’s budget.    As always E&OE and focused on the changes that matter to typical Whitefield / YogaTax clients.   A Quick Summary of Business Related Issues: 2% Increase in Dividend Tax Rates from April 2026, and on Income Tax for...

Landmark ruling goes against HMRC

by Jessica Garbett | Sep 23, 2025 | ACCA, business taxation, enquiries and tax disputes, HMRC

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Tribunal orders HMRC to reveal use of AI in R&D tax credit decisions A landmark ruling has compelled the UK’s tax authority to disclose...

Time to Pay for Simple Assessment debts

by Jessica Garbett | Sep 18, 2025 | ACCA, business taxation, property taxation

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Guidance on simple assessment letters and ways of paying tax Self-Serve Time to Pay has now been introduced to support taxpayers with Simple...
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