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18/09/2025
A new '10p tax' suggested to the Chancellor... by a billionaire
John Caudwell, billionaire and Phones 4u founder, has urged Chancellor Rachel Reeves to introduce a 10p per litre tax on petrol and diesel. Read More...
 
Revealed - UK's biggest deliberate tax defaultersChancellor considers a new property tax to replace stamp duty
HMRC has named over 4,000 deliberate tax defaulters since 2015, collectively owing more than £1.5 billion. These individuals or firms were penalised for deliberate errors in tax returns or failing to meet tax obligations. ..
Read More...		Chancellor Rachel Reeves is exploring a new proportional property tax targeting homes worth over £500k. This would replace stamp duty for owner-occupied homes, but not for second homes. The tax would be paid upon sale, with rates set by central government..
Read More...
Car tax update sees a 400% hike in costs for some
Since April 2025, HMRC has reclassified double cab pick-up trucks as cars rather than commercial vehicles. Previously, pick-ups with payloads over 1,000kg were taxed as commercial vehicles, allowing drivers to pay a fixed Benefit-in-Kind (BiK) rate..
Read More...
September Questions and AnswersSeptember Key Dates

Q: My teenage child has a summer job this year. As they are under 18, do they need to worry about tax on what they earn?Answer

Q: I have been cohabiting with my long-term partner for decades, but I’ve heard that could put us at a disadvantage when it comes to Inheritance Tax compared to couples who are married. Is this true?Answer

Q: I've heard about landlords using "Form 17" to reduce their tax bill on rental income. What is it and how do you qualify?Answer

Newsletter issue – September 2025

1st

  • Corporation Tax payments are due for companies with a year-end of 30th November.

19th

  • For employers operating PAYE, this is the deadline to send an Employer Payment Summary (EPS) to claim any reduction on what you'll owe HMRC.
  • It is also the deadline for employers operating PAYE to pay HMRC by post, for August.

22nd

  • Deadline for employers operating PAYE to pay HMRC electronically, for August.

30th

  • Corporation Tax Returns (CT600 form) are due for companies with a year-end of 30th September.
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