Changes to lease reporting from 1 January 2026 for SMEs
< 1 minute to readMajor amendments to the set of rules and standards for
Caroline Walpole
15th December 2025
< 1 minute to readMajor amendments to the set of rules and standards for
6 minutes to readChancellor Rachel Reeves’s second Budget was making headlines before she
4 minutes to readIn June of this year, we outlined the ‘who, what
2 minutes to readThe official rate of interest set by HM Treasury was
3 minutes to readHMRC is now accepting applications for exemption from Making Tax
3 minutes to readFrom 18 November 2025, changes are being introduced by Companies
< 1 minute to readHMRC has announced that Making Tax Digital for Corporation Tax
< 1 minute to readThe second payment on account for the 2024/2025 tax year
2 minutes to readIn a recent case brought to the tribunal, a taxpayer,
2 minutes to readIt’s finally happening – Making Tax Digital for Income Tax
< 1 minute to readThe partners of Newby Castleman are delighted to announce that
2 minutes to readIn their spring newsfeed, HMRC has announced that the date
4 minutes to readThe Chancellor, Rachel Reeves, was keen to remind us that
4 minutes to readBefore the tax year draws to a close, it is
3 minutes to readMost unincorporated businesses have now fallen into the cash basis
2 minutes to readHMRCs latest campaign is a push to ensure tax compliance
2 minutes to readThe Autumn Budget 2024 put the tax treatment of double
2 minutes to readMost unincorporated businesses have now fallen into the cash basis
2 minutes to readNew legislation published by the government will increase the monetary
< 1 minute to readIn autumn 2024, HMRC sent letters to cat and dog
3 minutes to readSpouses or civil partners who own joint rental properties must
7 minutes to read‘Difficult choices’ was the phrase repeated at regular intervals by
4 minutes to readDuring the spring budget 2024, the (then) Chancellor announced that
2 minutes to readWith interest rates at a historic high over the last
2 minutes to readThere are important changes to the rules on cash basis
2 minutes to readIt was confirmed last week that VAT will be charged
< 1 minute to readHMRC is withdrawing the paper form VAT 484 used to
< 1 minute to readOur Charity News summarises the latest accountancy and tax guidance
< 1 minute to readNew to our publications section is a summary of the
2 minutes to readThere have been recent cases where taxpayers’ bank account details
3 minutes to readWe explain the recent changes to the High-Income Child Benefit
< 1 minute to read1 April 2024 saw the VAT 12-month taxable turnover threshold
< 1 minute to readIn an easy-to-read format, our tax data cards contain a
< 1 minute to readAs part of an ongoing intention to improve the quality
4 minutes to readThe one sure thing with a family is that your
5 minutes to readThe last few weeks of the tax year are a
< 1 minute to read20.2.24 HMRC announce a u-turn on the classification change we
7 minutes to readThe 2024 Spring Budget The main themes in the Spring
< 1 minute to readIf you receive cryptoassets from employment, or sell or exchange
< 1 minute to readOn the 6 January 2024 the National Insurance rate for
2 minutes to readDo you sell unwanted items online? Is your creative interest
< 1 minute to readThose living in Scotland who earn between £75,000 and £125,140
3 minutes to readAfter better-than-expected inflation figures and the desire to shed his
4 minutes to readA ‘transformational’ Autumn Statement? With better-than-expected inflation figures the Chancellor
< 1 minute to readThe new Employment (Allocation of Tips) Act 2023 means that
2 minutes to readThose selling or disposing of residential property in the UK
2 minutes to readThose exporting goods need to be aware of HMRC’s new
4 minutes to readChanges to the process for claiming R&D tax reliefs and
2 minutes to readWhat does a business owner need to know about the
< 1 minute to readWould your VAT-registered business qualify for a payment plan? As
< 1 minute to readOn 12 June 23, the government announced a further extension
4 minutes to readThe procedure for assessing when trading profits are taxed is
< 1 minute to readIf a benefit in kind has been paid to employees,
< 1 minute to readOur latest tax cards are a concise summary of the
4 minutes to readFor tax efficiency on savings and investments read our fourth
4 minutes to readAs anticipated, Chancellor Jeremy Hunt’s first Budget was heavily focussed
4 minutes to readMany families look at their household income in the round
5 minutes to readThe period before the end of the tax year is
4 minutes to readIn all things tax, time is definitely of the essence.
< 1 minute to readWe are specialist charity accountants, auditors, and examiners. Our latest
2 minutes to readHMRC have announced new VAT late submission, late payment penalties
2 minutes to readWith the economic environment challenging, the government has announced today
< 1 minute to readVAT: changes to the notification process for opting to tax
4 minutes to readThe Chancellor of the Exchequer, Jeremy Hunt delivered his Autumn
2 minutes to readWith employees increasingly able to work from almost anywhere in
2 minutes to readWhen someone charges a customer to withdraw from an agreement
2 minutes to readExpect change. The General Data Protection Regulation (GDPR) is getting
2 minutes to readSupreme Court judgement clarifies ‘trigger points’ when directors have a
< 1 minute to readIn a bid to reassure markets and restore stability, the
< 1 minute to readNewby Castleman are deeply saddened to announce that Mike Castleman
3 minutes to readThe Chancellor’s speech may have been billed as a “mini
< 1 minute to readFrom 1 September 2022 our revised hours will be as
2 minutes to readHMRC’s Trust Registration Service With a registration deadline looming, and
2 minutes to readCapital gains tax: negligible value claims What would happen if
4 minutes to readHomes for Ukraine Scheme – a new Government scheme which
3 minutes to readThe Treasury recently announced that it intends to recognise stablecoins
2 minutes to readDespite the UK’s drive to reach net zero by 2050
2 minutes to readChange to the National Insurance (NI) regime makes major demands
3 minutes to readTax year 2023/24 brings important adjustments to the way tax
2 minutes to readNew minimum wage rates took effect from 1 April 2022.
2 minutes to readEmployment status and employment rights are knotty issues. The employment
3 minutes to read At the March 2022 Spring Statement it was announced
< 1 minute to readIt’s now a year since major change to the off-payroll
4 minutes to readJust over five years ago saw the introduction of the
3 minutes to readIf you sell or dispose of a property and make
< 1 minute to readThe Government is introducing a new tax on plastic packaging
2 minutes to readSince April 2019, all VAT registered businesses with a taxable
< 1 minute to readBusinesses can now apply for a financial grant worth up
12 minutes to read(Updated 1st Nov 2021) Over the course of the Covid-19
3 minutes to readBudget 2021: Corporation tax – no big surprises By: Jacquelyn
4 minutes to readThe Government have once again extended the deadline for Making
< 1 minute to readGovernment has confirmed the introduction of Making Tax Digital (MTD)
< 1 minute to readPM confirms introduction of Health and Social Care Levy The
4 minutes to readThe government are continuing to support businesses and individuals as
2 minutes to readSelf Employed Income Support Scheme (SEISS) – 5th Grant HMRC
2 minutes to readEmployee Home Working Expenses With the Covid-19 pandemic meaning many
2 minutes to readSelf Employed Income Support Scheme (SEISS) – further grants The
4 minutes to readJob Retention Scheme Extended The Job Retention Scheme (JRS), first
< 1 minute to readNew grants for small businesses announced. The government has committed
2 minutes to readWe’re celebrating the success of client FB Ross Electrical, which
3 minutes to readDiscretionary Local Authority Grant Funding Local authorities have received additional
6 minutes to readJob Retention Scheme (JRS) – Updated 01/06/20 The JRS is
4 minutes to readCoronavirus – Help for the Self-employed The ‘Self-employment Income Support
2 minutes to read‘Bounce Back’ Loan Scheme A new loan scheme focused on
9 minutes to readCoronavirus – Help for business (Updated 28 April 2020) Businesses
4 minutes to readWorking from home – what expenses can you claim? The
< 1 minute to readTo assist with the COVID-19 response, HMRC has published guidance
< 1 minute to readThe Coronavirus Act 2020 contains a number of measures to
< 1 minute to readHMRC has confirmed an extension to the deadline for implementing
< 1 minute to readIn the light of latest government advice on the coronavirus
2 minutes to readFollowing Chancellor Rishi Sunak’s Budget announcement yesterday, we’ve highlighted the
2 minutes to readA new law, in force since 1st January 2020, requires UK
2 minutes to readWith 2019 being the first year in over a century without
2 minutes to readFollowing the government’s announcement of a 6.2% rise in the
3 minutes to readWhilst high-profile prenuptial agreements are never far from the headlines,
9 minutes to readIn a world where even investors lack a precise understanding
2 minutes to readWith the 11th March budget looming, speculation is rife that Entrepreneurs’
2 minutes to readFrom 1st April 2020, HMRC’s Making Tax Digital (MTD) for VAT
9 minutes to readWhat is the issue? Since 6 April 2017, inheritance tax
2 minutes to readWe have teamed up with GHC Wealth Management to put
7 minutes to readWhat’s the issue? The next round of changes to CGT are
2 minutes to readWhilst the 2018/19 tax year end may seem like a
2 minutes to readFrom 6th April 2020, capital gains tax relief on the sale
2 minutes to readIn 2019, the government held a consultation on its plans
3 minutes to readWe are reflecting on a year packed with regular and
2 minutes to readEarlier this year, the tax point for promotional and retail
2 minutes to readBeing a company director naturally brings with it such benefits
2 minutes to readOur sporty staff have laced up their trainers for a
2 minutes to readAn Audit Supervisor at our Leicester office has stepped up
2 minutes to readIn the current climate of ever increasing company car tax
3 minutes to readWe have been confirmed as the main sponsor of the
< 1 minute to readWe are preparing to count up the cash from our
2 minutes to readWe have welcomed two enthusiastic school leavers onto the team
2 minutes to read1st April 2019 saw the launch of Making Tax Digital (MTD)
2 minutes to readWhether your retirement is a speck on the horizon, just
4 minutes to readWe have been confirmed as the main sponsor of the
< 1 minute to readOur team has pushed the baking boat out for Macmillan
2 minutes to readOne of our ambitious accountants is celebrating after passing his
2 minutes to readIn celebration of International Day of Charity (5th September), we
2 minutes to readA new Structures and Buildings Allowance (SBA) has become available
3 minutes to readPolicy changes have brought in a host of new compliance
2 minutes to readA new Structures and Buildings Allowance (SBA) has become available
4 minutes to readLeicester cycling group Critical Mass led the third annual Ride
3 minutes to readA large-scale VAT change to building and construction services is
2 minutes to readOn 1st January 2019, the Annual Investment Allowance (AIA) was
2 minutes to readWe have promoted our former Financial Controller to the role
2 minutes to readWith Christmas party bookings already being made and summer balls
2 minutes to readWe are delighted to announce our appointment of Joanne Chilton
2 minutes to readWe are a firm whose regional reputation owes a great
2 minutes to readWith climate change never far from the headlines and worldwide
2 minutes to readLast week we sponsored the Guild of St. Martin Annual
3 minutes to readWe are calling for Leicestershire businesses to watch out in
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Newby Castleman is the trading style of Newby Castleman LLP, a Limited Liability Partnership registered in England and Wales Number OC416058. A list of members’ names is available at the business address. Registered to carry on audit work in the UK and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales.