Christmas gifts from the taxman for your business
12 January 2026 | Mrge_Acontants
Christmas party season is upon us, and it will extend from early December right the way through to mid-January depending on your company. But no matter when the Christmas party is, it is important...
Cash ISA allowance reduced to £12,000 for under 65s
31 December 2025 | Mrge_Acontants
The Chancellor took aim at cash ISAs in her Budget, and is reducing the amount that can be put into a cash ISA from £20,000 to £12,000, with the remaining £8,000 being eligible for...
Frozen thresholds will make an extra 5.2m people taxpayers
24 December 2025 | Mrge_Acontants
The largest amount of money raised by the Chancellor comes from extending the freezing of income tax thresholds for an additional three years. The measure, introduced in 2022, was due to end in 2028,...
Tax on property income, dividends and savings up 2%
17 December 2025 | Mrge_Acontants
Tax rates on dividends, property income and savings will be raised by 2% from April 6, 2027. This means those paying tax on rental income, will face a basic rate of 22%, rather than...
Budget 2025: What it means for you
10 December 2025 | Mrge_Acontants
Chancellor Rachel Reeves delivered her second Budget on November 26, and taxpayers face the highest tax burden on record as a result. Frozen tax thresholds for everything from income tax to inheritance tax, a...
HMRC publishes new rates for employees’ electric cars
26 November 2025 | Mrge_Acontants
Employees with electric vehicles as company cars have seen a change in the rates they can claim for mileage allowance since September 1, but HMRC has updated the guidance on October 6 about how...
Beware of trading when your company is insolvent
19 November 2025 | Mrge_Acontants
Continuing to trade while your company is technically insolvent could lead to big problems for the directors, as it could lead to limited liability no longer applying, and leave them on the hook personally...
Voluntary repayment window for Covid grants opens
12 November 2025 | Mrge_Acontants
Individuals and businesses that received Covid payments they weren’t entitled to have until December to pay back any money owed under a voluntary repayment scheme. This period offers the grace of a ‘no questions...
HMRC powers to raid bank accounts for unpaid tax revived
05 November 2025 | Mrge_Acontants
HMRC has once again been given powers to take money owing to it directly from people’s bank accounts when people persistently fail to pay the tax due. Most taxpayers, those who pay on time...
Three ‘finfluencers’ in court for first appearances
29 October 2025 | Mrge_Acontants
Three financial influencers – known as ‘finfluencers’ – have appeared in court having been charged as part of a global crackdown on illegal promotions led by the Financial Conduct Authority (FCA), one of the...
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