HMRC has launched a fresh summer campaign reminding people with “side hustles” that extra income may need to be reported for tax purposes. The announcement specifically highlights people earning income from wedding services, online selling, content creation, freelancing and similar…
HMRC targets side hustle
HMRC contacts self-employed people about National Insurance gaps
HMRC is writing to some self-employed individuals whose National Insurance (NI) records may contain gaps that could affect their State Pension. If you receive a letter, don’t ignore it. The issue affects some people who were self-employed between 2015 and…
Advisory fuel rates for company cars
The table below sets out the HMRC advisory fuel rates from 1 June 2026. These are the suggested reimbursement rates for employees’ private mileage using their company car. Where the employer does not pay for any fuel for the company…
Mandatory payrolling now to be phased in
The announcement of mandatory payrolling for Benefits In Kind was originally expected to start in April 2027, but following industry pressure, it will now be introduced in two phases. Phase 1 will continue to be rolled out from 6 April…
Temporary VAT reduction on children’s meals, tickets and family attractions
The government has announced a temporary reduced rate of VAT for children’s meals in restaurants and family leisure activities over the summer. VAT will be reduced from 20% to 5% between 25 June and 1 September 2026 for qualifying activities…
Tax-free mileage rate increases by 10p per mile
The Chancellor of the Exchequer recently announced a 10p per mile increase in the tax-free mileage rate that applies to the first 10,000 business miles travelled in a car or van in a tax year. The increase, which has been…
Companies House and the IPO warn about fake payment requests
Companies House and the Intellectual Property Office (IPO) are asking businesses to take special care of misleading requests for payment sent by fraudulent organisations. Invoices are being sent to companies that request payment for Companies House and IPO services. They…
April 2026 changes to the Construction Industry Scheme (CIS)
As outlined in Autumn Budget 2025, several changes took place on 6 April that may affect those who use the Construction Industry Scheme. From April 2026, contractors are required by law to either: file a CIS return every month, including nil returns…
New dividend data being collected via 2025/26 self assessments
Finance Act 2024 introduced powers to enable the collection of additional data on income tax self-assessment and allowed for HMRC to specify the particular information required. HMRC now have powers to collect additional information from company directors and, as a result, the…
What is changing in the 2026/27 tax year?
It can be hard to keep track of tax changes, with the start of a new tax year often bringing new rates, allowances and other legislative changes. To make things easier, here is a list of the key tax changes…
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