by Jessica Garbett | Dec 5, 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 New restrictions on claiming additional allowances Employees who are required to work from home to perform the duties of their employment are...
by Jessica Garbett | Dec 4, 2025 | ACCA, budget, business issues, employer returns, pensions
We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Government introduces £2,000 NICs cap from 2029 The government has announced a significant reform to salary sacrifice arrangements for...
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...
by Jessica Garbett | Dec 3, 2025 | ACCA, budget, personal finance, property taxation
We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA New charge on residential properties in England worth £2m or more The current council tax system has been in place since 1993. In the 2025...
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...
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...
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...
by Jessica Garbett | Nov 24, 2025 | business issues
The new Companies House regime for identification of Directors and Persons with Significant Control (“PSC”) started 18th November 2025. Companies House Identity Verification Here are some initial things we’ve learned six days in: You can check the...
by Jessica Garbett | Nov 24, 2025 | Tax News, YogaTax News
It is time for the annual renewal of our Professional Fee Protection Scheme, and we invite you to either renew your cover, or consider joining the scheme, as appropriate. The new scheme year begins on 1 January 2026, and previous cover is not automatically renewed....
by Jessica Garbett | Nov 12, 2025 | VAT
Update: VAT Notice 700/45 & Withdrawal of Form VAT652 HMRC has updated VAT Notice 700/45, which explains how to correct mistakes on past VAT returns. At the same time, Form VAT652 has been withdrawn. Businesses must now use HMRC’s online service (or write to HMRC)...
by Jessica Garbett | Nov 6, 2025 | ACCA, VAT
We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA To successfully claim input tax, businesses must ensure they hold appropriate evidence to support their claim. A failure to do so can result...
by Jessica Garbett | Nov 3, 2025 | business issues, Business News
The ID verification regime for Companies House in respect of Company Directors, LLP Partners and Persons with Significant Control (PSCs) starts from 18th November 2025. See our guidance on this – Companies House Identity Verification Directors, Partners and PSCs...
by Jessica Garbett | Nov 3, 2025 | business issues, Business News
Companies House have announced some fairly significant fee changes from 1st April 2026. The ones of most relevance are: Incorporation will increase to £100 (was £50) Confirmation statement will increase to £50 (was £34) Voluntary strike off reduce to £13 (was £33) So...
by Jessica Garbett | Oct 13, 2025 | YogaTax News
A seasonal reminder for our clients as we head into “Deadline Season”, notably: 31st March year ends to Companies House by end of December 2025 (in reality mid December allowing for Christmas break) 2024/25 Self Assessments to HMRC by 31st January To...
by Jessica Garbett | Sep 30, 2025 | ACCA, business issues
We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA New processes for signing into Companies House confirmed From 13 October 2025 companies will need to use GOV.UK One Login to sign in to their...