| Making Tax Digital (MTD) for Income Tax - deadline reminders |
| From April 2026, MTD for Income Tax came into force for sole traders and landlords who had gross income over £50,000 in the previous tax year. Read More... |
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| HMRC rejects almost half of Making Tax Digital exemptions | Pensions to be included in IHT calculations from April 2027 | | At the time of its request, a Freedom of Information request has shown that HMRC rejected 47% of applications for exemption from the MTD for Income Tax scheme. .. Read More... | From April 2027, unused defined contribution (DC) pensions will be counted as part of a person's estate for inheritance tax (IHT)... Read More... |
| Drop in tax relief on VCTs may affect economic growth | | The Chancellor reduced income tax relief on Venture Capital Trusts (VCTs) from 30% to 20%, effective 6 April 2026. .. Read More... |
| June Questions and Answers | June Key Dates | | Newsletter issue – June 2026
1st
- Corporation Tax payments are due for companies with a year-end of 31st August.
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 May.
22nd
- Deadline for employers operating PAYE to pay HMRC electronically, for May.
30th
- Corporation Tax Returns (CT600 form) are due for companies with a year-end of 30th June.
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| About Us |
Lawrence & Co Accountants are based in Harrow, offering local business owners and individuals a wide range of services.
All clients are entitled to fixed fees, work delivered on time and unlimited phone support. Visit our website https://lawacc.co.uk/ for more information.
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Copyright © 2026 Lawrence & Co. All rights reserved.
Unit 205, Cervantes House
5-9 Headstone Road
Harrow
HA1 1PD
Lawrence & Co is a trading name of Lawrence & Co
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