A weekly archive of the UK tax, HMRC and small business news that matters to our clients, explained in plain English. This is general information, not advice. Please speak to us about your own situation.
October 22, 2026
New HMRC guidance on VAT for cryptoassets
HMRC has published guidance explaining how VAT applies to cryptoasset transactions. It's relevant if your business accepts, holds or trades them.
HMRC nudge letters to company directors and owners
HMRC is writing to people recorded as having significant control of a company, asking them to check their 2025/26 Self Assessment returns are correct. If you receive one, speak to us before responding.
Unused pensions to count for Inheritance Tax from April 2027
From 6 April 2027, most unused pension funds and death benefits will form part of the estate for Inheritance Tax. If pensions are part of your estate planning, it's worth a review well before then.
The Autumn Budget is due on Wednesday 28 October 2026. We'll review any changes affecting owner-managed businesses, payroll and personal tax and let our clients know what they mean in practice.
HMRC begins auto-enrolling higher earners into MTD
Since September, HMRC has been signing up self-employed people and landlords with 2024-25 income above £50,000 for Making Tax Digital if they haven't registered themselves. If you get a letter or online message, you'll need compatible software and quarterly updates. We can help you get set up.