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Tax Diary May/June 2026

Tax Diary May/June 2026

1 May 2026 – Due date for corporation tax due for the year ended 30 July 2025. 19 May 2026 – PAYE and NIC deductions due for month ended 5 May 2026. (If you pay your tax electronically the due date is 22 May 2026). 19 May 2026 – Filing deadline for...
MTD – when the quarterly returns to HMRC are due

MTD – when the quarterly returns to HMRC are due

Making Tax Digital (MTD) for Income Tax began on 6 April 2026 for qualifying taxpayers. Those with qualifying income over £50,000 are now required to maintain digital records and submit updates of trading or property income and expenses using compatible...
Living away from home?

Living away from home?

Private Residence Relief (PRR) is a valuable Capital Gains Tax relief that can eliminate the tax due when you sell your home. In simple terms, it applies to periods when a property has been your only or main residence. However, if you spend time living away from home,...
Do you have a personal tax account yet?

Do you have a personal tax account yet?

Your Personal Tax Account (PTA) is an easy and secure way to manage your tax online. You can use it to check your tax code, claim a refund and update your details, all in one place, without needing to contact HMRC by phone or post. Every UK taxpayer has a PTA, but you...
New support measures to allow affordable debt repayment

New support measures to allow affordable debt repayment

The government has announced new support measures to allow affordable debt repayment for government debt. The new measures set out a clearer and more practical approach to helping individuals and businesses manage what they owe. Announced during Debt Awareness Week...