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Spring Statement 2026

3 minutes to readSpring Statement 3 March 2026: Is that it? The Chancellor, Rachel Reeves, delivered her Spring Statement on 3 March 2026. Despite repeated confident assertions that the government had the “right economic plan”, good news on the economy was thin on the ground. Unemployment is expected to rise to 5.3% later this year, and the Office …

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Digital by default: HMRC ends letters for most taxpayers

< 1 minute to readFrom spring 2026, taxpayers who use HMRC’s online services will receive email or app notifications to view, print or download correspondence. Letters will be found within their secure Personal Tax Account (PTA) or the HMRC app. This is part of the shift to digital communications that aims to improve the speed and security of HMRC’s …

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Scrapped – Making Tax Digital for Corporation Tax

< 1 minute to readHMRC 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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Spring Statement 2025- comment & summary

4 minutes to readThe Chancellor, Rachel Reeves, was keen to remind us that today’s announcements were not a Budget, and that the Spring Statement did not raise any taxes for “working people”. Whilst that was a relief for many taxpayers, a closer examination of the documents published alongside the Spring Statement reveals a raft of tax announcements. Administration …

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HMRC targets historic online marketplace sales

2 minutes to readHMRCs latest campaign is a push to ensure tax compliance by those who sell through online platforms. The One to Many campaign Called the One to Many campaign, a letter is sent to people who receive income from online marketplaces , and haven’t reported their incomes. HMRC now receives data directly from platforms about their …

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Autumn budget 2024

7 minutes to read‘Difficult choices’ was the phrase repeated at regular intervals by Chancellor Rachel Reeves in the first Labour Budget for 14 years, to ‘fix the foundations’ and ‘deliver change’. At 77 minutes, Ms Reeves’s speech was the longest we have heard for a while and contained a vast array of announcements on tax and spending. The …

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Autumn statement: 22 November 2023

4 minutes to readA ‘transformational’ Autumn Statement? With better-than-expected inflation figures the Chancellor of the Exchequer, Jeremy Hunt appeared keen to shed his party’s reputation of having overseen the biggest increase in the tax burden since the Second World War. With a total of 110 changes, the speech was billed as ‘a plan to unlock investment, reward work and …

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Claiming R&D tax relief? New process from 8 August 23

4 minutes to readChanges to the process for claiming R&D tax reliefs and allowances, and what they mean for your business need careful attention right now. From 8 August all R&D claims must be made electronically through HMRC’s portal, alongside detailed information regarding the claim. R&D tax relief R&D tax relief supports companies that work on innovative projects …

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