by AJN Accountants | Jul 16, 2026 | News
Individuals and landlords with gross income from self-employment and/or property above £50,000 on the 2024-25 tax return are mandated to join Making Tax Digital (MTD) from April 2026. But what happens if that income has ceased by then? If you completely stopped...
by AJN Accountants | Jul 13, 2026 | Tax Planning
HMRC has reconfirmed that supplies of electricity for charging electric vehicles (EVs) at public EV charging points is standard-rated for VAT purposes. Electricity supplied at public EV charging points is subject to VAT at the standard rate of 20%, rather than the...
by AJN Accountants | Jul 6, 2026 | Tax Planning
Employees and pensioners are being encouraged to check whether they are due a PAYE tax refund. HMRC figures suggest that more than 730,000 PAYE refunds went unclaimed last year, with the average repayment worth approximately £855. PAYE overpayments can arise for...
by AJN Accountants | Jun 25, 2026 | Business
From April 2026 small businesses will benefit from a further increase in small employer’s relief. From 6 April 2026 HMRC will reimburse eligible employers 109% of statutory payments made to employees. The relief is designed to support smaller employers with the...
by AJN Accountants | Jun 22, 2026 | Tax Planning
An outstanding loan to a director or shareholder from a close company can trigger a tax charge under Section 455 of the Corporation Tax Act 2010. The director’s loan account is generally used to account for temporary withdrawals from the business for the...
