2025 - Page 5 of 37

11 Sep 25

What is the settlement legislation?

Thinking of gifting income to a spouse or partner? HMRC’s settlements rules may still tax it as your own. The settlements legislation is contained in s.624 ITTOIA 2005. The

11 Sep 25

When you cannot charge VAT

Not all goods and services carry a 20% VAT, knowing the right rate can save costly mistakes. When a VAT-registered business issues an invoice to their customer, they must ensure

08 Sep 25

Tax Diary October/November 2025

1 October 2025 - Due date for Corporation Tax due for the year ended 31 December 2024. 19 October 2025 - PAYE and NIC deductions due for month ended 5 October 2025. (If you pay

08 Sep 25

What insurance cover should a company consider?

Running a small business comes with plenty to juggle, and while insurance might not be the most thrilling task, it is absolutely essential. There is one policy you are legally

08 Sep 25

GOV.UK One Login – enhanced security from 13 Oct 2025

From 13 October 2025, access to Companies House WebFiling will require GOV.UK One Login. This replaces the older Government Gateway sign-in and is part of the wider move towards a

04 Sep 25

Why your tax code might change

The letters in your tax code indicate whether you are entitled to the annual tax-free personal allowance. These codes are updated each year and help employers calculate how much

04 Sep 25

Holding over gains on gifts

Gift Hold-Over Relief is a form of Capital Gains Tax (CGT) relief that allows you to defer paying CGT when certain assets, such as qualifying shares, are given away or sold for

04 Sep 25

Are you selling goods or services on a digital platform?

From 2024, platforms like eBay, Vinted and Airbnb must report seller data to HMRC, so check your tax responsibilities. If you sell goods or services on a digital platform it is

04 Sep 25

Gifts with reservation of benefit

Gifting assets can cut inheritance tax, but traps like “gifts with reservation of benefit” may undo the plan. The majority of gifts made during a person's lifetime are

04 Sep 25

VAT late filing penalties

New rules mean late VAT filings and payments now trigger points, fines and interest charges. The VAT late filing penalties regime changed for accounting periods beginning on or

Year: 2025

What is the settlement legislation?

When you cannot charge VAT

Tax Diary October/November 2025

What insurance cover should a company consider?

GOV.UK One Login – enhanced security from 13 Oct 2025

Why your tax code might change

Holding over gains on gifts

Are you selling goods or services on a digital platform?

Gifts with reservation of benefit

VAT late filing penalties

Benefits of the VAT Cash Accounting Scheme

What is the High Income Child Benefit Charge?

The Marriage Allowance if circumstances change

SJPR