A new online service for over 35 million UK taxpayers to control their tax affairs, but why the change?
Jul 24, 2025
HM Revenue and Customs (HMRC) have begun to roll out its ambitious Transformation Roadmap and the first announcement from this, is a brand-new system for workers to take control of their tax affairs. The new online Pay as You Earn (PAYE) ...
READ MORE
Lack of data on UK billionaire tax figures is a concern for all
Jul 22, 2025
The Public Accounts Committee (PAC) are seeking clarity and understanding after their report revealed HM Revenue and Customs (HMRC) cannot identify how much tax is paid by UK billionaires. This news will concern Chancellor Rachel Reeves, who will be analysing all ...
READ MORE
Why is Wealth Tax a hot topic of discussion?
Jul 17, 2025
As the Autumn Budget approaches, there is plenty of noise surrounding Rachel Reeves’ plans for current tax rates, whether there will be increases, freeze extensions and the potential introduction of new tax rates. One tax notion that is causing a stir ...
READ MORE
Income Tax won’t rise according to Treasury minister – but could a further freeze be on the way?
Jul 15, 2025
With speculation increasing and showing no signs of slowing down surrounding the potential for Rachel Reeves’ Autumn Budget to increase taxes, one Treasury Minister has spoken today, suggesting the ‘headline’ rate of income tax will not increase later this year. While ...
READ MORE
Are you on HMRC’s radar? The rising cost of money laundering compliance breaches
Jul 10, 2025
HM Revenue & Customs (HMRC) recently published its latest round of penalties for businesses breaching money laundering regulations, and the numbers should make any business owner sit up and take notice. Between October 2024 and March 2025, HMRC fined 336 businesses ...
READ MORE
Earn extra income? HMRC urges you to file your tax return early
Jul 08, 2025
If you have made more than £1,000 from a side hustle last year, you might need to tell HM Revenue & Customs (HMRC), and the earlier you do it, the better. HMRC is now urging people with extra income to check ...
READ MORE
Is your payroll ready for sick pay reform?
Jul 03, 2025
The countdown is on. From April 2026, the Government will overhaul Statutory Sick Pay (SSP) as part of its Employment Rights Bill reforms. One of the most immediate and impactful changes is the removal of both the three-day waiting period and ...
READ MORE
Software-only filing and more disclosures – Major changes for small companies
Jul 01, 2025
If you run a limited company, it is important to be aware of some major changes coming to the way company accounts are filed. These changes are part of new legislation, the Economic Crime and Corporate Transparency Act (the Act), and ...
READ MORE
How changing Capital Gains Tax trends could affect your financial planning
Jun 26, 2025
Capital Gains Tax (CGT) receipts have been on a bit of a rollercoaster over the past couple of years. After hitting a record high of £16.9 billion in the 2022/23 financial year, they dropped by around 23 per cent to £13.1 ...
READ MORE
Two sides of the tax story – National Insurance up, Capital Gains Tax down
Jun 24, 2025
The latest tax data for the first months of the 2025/26 tax year shows mixed trends. Employers’ National Insurance contributions (NICs) are sharply up, rising by nearly £2 billion in a single month, while Capital Gains Tax (CGT) receipts have fallen ...
READ MORE
© Walker Begley 2024. All rights reserved. Regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales. Registered in England and Wales no. 5280582
- Privacy
- Terms & Conditions
- VAT number: 107 1775 25
- The information required by the ‘Provision of Services Regulations’ is on display at our office.