HMRC to close online filing service

HMRC to close online filing service

HMRC has announced that it will close the online service for filing company accounts and corporation tax returns on 31 March 2026. Companies with an accounting period ending after 31 March 2025 will no longer be able to use HMRC’s free online service (unless...
National minimum wage and salary sacrifice

National minimum wage and salary sacrifice

As announced in the Autumn Budget, the national minimum wage (NMW) and the national living wage (NLW) are set to increase from April 2025. Age of WorkerHourly rate from 1st April 2025Hourly rate from 1st April 202421 and over (NLW)£12.21£11.4418 to 20...
Consider restarting child benefit

Consider restarting child benefit

The clawback threshold for the high-income child benefit charge (HICBC) was increased to £60,000 from 6 April 2024. If you are entitled to child benefit and your or your higher-earning partner’s adjusted net income (ANI) is above £60,000 it is possible that you...
MTD simplification

MTD simplification

A dramatic simplification of the MTD processes to be introduced in 2026 including no EOPS; cumulative submissions each quarter; and restrictions for complex situations. Taxpayers with turnover over £50,000 will be brought into MTD ISTSA from April 2026. The £50,000...