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Tax Diary February/March 2026

Tax Diary February/March 2026

1 February 2026 – Due date for Corporation Tax payable for the year ended 30 April 2025.19 February 2026 – PAYE and NIC deductions due for month ended 5 February 2026. (If you pay your tax electronically the due date is 22 February 2026)19 February 2026...
MTD for Income Tax – what’s required from April 2026

MTD for Income Tax – what’s required from April 2026

From April 2026, Making Tax Digital for Income Tax (MTD for IT) will become mandatory for many self-employed persons and landlords, marking a significant change in how they manage their tax affairs. The new regime is designed to modernise the tax system by...
Pre-trading expenditure for companies

Pre-trading expenditure for companies

Starting a new business can be expensive, but many of your pre-trading costs may qualify for tax relief if they meet the right conditions. There are special tax reliefs for pre-trading expenses that are incurred before a business starts trading. This could include...
What is the advance tax certainty service?

What is the advance tax certainty service?

If your business is planning a major UK investment, HMRC’s new advance tax certainty service could give you binding clarity on the tax position before you commit. HMRC has recently published draft guidance on the new advance tax certainty service as part of the...
Expenses for the self-employed

Expenses for the self-employed

If you are self-employed, knowing which everyday costs you can legitimately claim can make a real difference to how much tax you end up paying. The question of which costs you can claim against your self-employed business is a common one. If you are self-employed...