by AJN Accountants | Mar 26, 2026 | Tax Planning
With just one month to go before the first tranche of individuals are required to sign up to MTD for income tax, HMRC is writing to taxpayers it believes might be affected. From April 2026, sole traders and landlords with qualifying income above £50,000, based on the...
by AJN Accountants | Jan 23, 2026 | Tax Planning
As the UK tax year comes to an end, many individuals and businesses expect to receive tax refunds for overpaid income tax or National Insurance. However, an important change means refunds are no longer automatically issued by HMRC in many cases — they now need to be...
by AJN Accountants | Jan 15, 2026 | Tax Planning
Taxpayers can use HMRC’s new online service to register for the high income child benefit charge to be collected automatically from their payslip. Since the high income child benefit charge (HICBC) was introduced, taxpayers have had to choose between opting out...
by AJN Accountants | Dec 15, 2025 | Tax Planning
The Chancellor will add two percentage points to the rates of tax paid on income received from dividends, savings and property. If you receive dividends; interest and other savings; or income from a property you rent out as a sole trader landlord you will see an...
by AJN Accountants | Dec 4, 2025 | Tax Planning
If you owe income tax that cannot be collected automatically via PAYE, such as tax on bank interest or the state pension, HMRC may send you a simple assessment notice. This letter shows how much tax HMRC believe you owe based on information they hold. It is...
by AJN Accountants | Oct 24, 2025 | Tax Planning
In just over six months the first group of taxpayers will be required to join HMRC’s Making Tax Digital for income tax (MTD IT) programme. Some individuals may be able to avoid this by claiming an exemption. Self-employed taxpayers and landlords with qualifying...
