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Latest News

Inheritance Tax reliefs threshold to rise to £2.5 million for farmers and businesses

06 Jan 2026

The level of the Agricultural Property Relief (APR) and Business Property Relief (BPR) thresholds will be increased from £1 million to £2.5 million, the government has announced.

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E-invoicing will be fundamental change for VAT-registered businesses

06 Jan 2026

The mandatory introduction of e-invoicing for all VAT-registered businesses selling to UK business customers from April 2029 will be a fundamental change, says the Chartered Institute of Taxation (CIOT).

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MTD penalties waived for first year of Income Tax

06 Jan 2026

Self assessment taxpayers due to join Making Tax Digital (MTD) for Income Tax next April will not face penalties if late filing quarterly updates.

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