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1 November – Corporation tax due for companies with a 31 January 2026 year end · 2 November – P46(Car) for quarter to 5 October 2026 due to HMRC

Company tax returns · Relief for carried back losses · Company tax return software · Voluntary payrolling from April 2027 · Payrolling and globally mobile employees · Employer Bulletin · CWG2 update · Payroll software · NIC refunds · P800 and simple assessment · CASCs · Entertainers

Sarah Bradford explains how to determine whether a trade exists Trading profits are charged to tax by ITTOIA 2005, Pt. 2. For there to be trading profits, there needs to be a trade. The tax legislation gives little guidance as to the meaning of ‘trade’; ITA 2007, s. 989 and CTA 2010, s. 1119 say

Sarah Bradford explores the updated guidance on employer-provided welfare benefits The tax legislation (in ITEPA 2003, s. 210) provides the Treasury with the power to make regulations which exempt from tax such minor benefits as are specified by the regulations. The Income Tax (Benefits in Kind) (Exemption for Welfare Counselling) Regulations 2000 (SI 2000/

Sarah Bradford looks at the rules in light of the British Airways tribunal decision British Airways plc (BA) have recently won an appeal by HMRC against the decision of the First-tier Tribunal in a case which involved the tax and National Insurance implications of hotel accommodation provided by BA to cabin crew operating back-

In this Issue Overnight accommodation for airline crew - P1 Recent tribunal decision on deduction of expenses Health and welfare benefits - P3 Updated guidance on welfare benefits Is there a trade? - P5 How to determine whether a trade exists News in Brief - P7 The latest developments intax and National Insurance Tax and Finance Diary - P8 Key

Sarah Bradford explores what the reduction in the MTD for ITSA threshold means for clients and how to plan ahead Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) became mandatory from 6 April 2026 for traders and landlords whose combined trading and property income before the deduction of expenses was £50,000

Sarah Bradford explains the impact of the new rates on clients From 6 April 2027 new higher rates of tax will apply to savings income and to property income which will be set at two percentage points higher than the standard income tax rates applying to trading income, employment income and pension income. The dividend

Sarah Bradford explains what an AAIN is and when it can be used The legislation governing anti-avoidance information notices (AAINs) is contained in FA 2026, Pt. 6, Ch. 3. It gives HMRC the power to obtain information and documents from persons who they reasonable suspect are connected with the promotion and facilitation of tax

Class 1 NIC refunds HMRC have published guidance which explains how clients can apply for a Class 1 National Insurance refund if they have received a letter from HMRC telling them that they are entitled to one. The refund application route depends on whether the letter includes a claim reference number.

In this Issue New property and savings tax rates -P1 Planning ahead for clients Lower threshold for MTD for ITSA -P3 Identifying affected clients Anti-avoidance information notices - P5 New HMRC powers explained News in Brief - P7 The latest developments in tax and National Insurance Tax and Finance Diary -P8 Key deadlines in the coming