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Autumn Budget

6 minutes to read Chancellor Rachel Reeves’s second Budget was making headlines before she even stood up, thanks to an unprecedented “technical error” by the Office for Budget Responsibility (OBR) which led to documents being published early. Thanks to that OBR leak, the press and other keen Budget watchers such as ourselves already knew the headline details: frozen tax …

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Making Tax Digital for Income Tax – get ready now

4 minutes to read In June of this year, we outlined the ‘who, what and why’ behind Making Tax Digital for Income Tax – the overhaul in the way taxpayers, agents and HMRC link and feed information to each other: It’s happening – Making Tax Digital for Income Tax HMRC is now running a campaign with letters and advertising …

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Making Tax Digital for Income Tax exclusions – apply now

3 minutes to read HMRC is now accepting applications for exemption from Making Tax Digital for Income Tax (MTD for IT) if you qualify as ‘digitally excluded’. To be exempt on the grounds of digital exclusion, an application has to be made to HMRC and approved by them. What is digital exclusion? Looking at HMRC’s definition and the current …

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Important changes: Companies House identity verification

3 minutes to read From 18 November 2025, changes are being introduced by Companies House as part of the Economic Crime and Corporate Transparency Act 2023. These changes aim to enhance corporate transparency and combat economic crime by requiring all directors, People with Significant Control (PSCs), and those filing on behalf of companies to verify their identities with Companies …

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Scrapped – Making Tax Digital for Corporation Tax

< 1 minute to read HMRC has announced that Making Tax Digital for Corporation Tax (MTD for CT) will not be introduced. Corporate tax draws in very small owner-managed businesses on one side, and large multinational enterprises on the other. In between are a myriad of entities, so any change to the corporation tax system needs to be right for …

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New partners – Caroline Walpole and Richard Buckby

< 1 minute to read The partners of Newby Castleman are delighted to announce that Caroline Walpole and Richard Buckby have been promoted to partners of the firm. These appointments will enable the practice to continue its personal, partner-led support for businesses and individuals. Caroline has been Director of Audit and responsible for organising the day-to-day management of the audit …

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