Private hire taxis excluded from VAT TOMS

Private hire taxis excluded from VAT TOMS

From 2 January 2026, suppliers of most standalone private hire and taxi journeys can no longer use the tour operators’ margin scheme (TOMS). Previously, some private hire operators, including certain app-based platforms acting as principal in supplying the journey,...
How winter fuel payments will be taxed 

How winter fuel payments will be taxed 

Most people who were eligible to receive the 2025-26 winter fuel payment (WFP) and did not opt out will have received it automatically in November or December 2025. The payment is means-tested, so individuals with gross income for 2025-26 above £35,000 will be...
Changes to statutory sick pay

Changes to statutory sick pay

Two major changes to statutory sick pay will be introduced by the Employment Rights Act 2025 from 6 April 2026. Statutory sick pay (SSP) is the minimum amount of sick pay that employers in the UK must pay eligible employees when they are off work due to illness. ...
Loan charge settlement opportunity

Loan charge settlement opportunity

The Chancellor has announced significant and welcome changes for individuals facing tax bills under the loan charge. The loan charge was introduced in 2019 to tackle ‘disguised remuneration’ schemes, where workers were paid through loans instead of salary...
Electric vehicle excise duty

Electric vehicle excise duty

If you drive an electric or plug-in hybrid car you will have to pay a new mileage-based charge from April 2028. The electric vehicle excise duty (eVED) will be charged on top of the current vehicle excise duty charge paid by all vehicles. The charge will equal 3p per...