UHY Ross Brooke Chartered Accountants
This February, we delve into a range of developments that may affect you and your organisation, including tax refunds owed by HMRC, inheritance tax reliefs, updates on Making Tax Digital and VAT compliance. In the February 2026 issue of our In the know: tax, we look at a range of developments
A number of tax tribunal cases in the last three years or so have revealed the risks of using AI to support cases. As a result, professional institutes are advertising a new special section within the Professional Conduct in Relation to Tax (PCRT), related to AI use. By David Jones
HM Revenue & Customs has started using GOV.UK One Login for taxpayers signing up to its digital services for the first time. This means that if you do not already have a Government Gateway account, you will now register using an email-and-password login rather than needing to obtain a 10-12
We’re proud to be finalists in the NWN Best Professional Services and Best Employer 2026 awards. It’s fantastic recognition of the commitment our team shows to our clients and to the local community every day. We’re keeping everything crossed for when they announce the winners in April.
Landlords and self-employed – Are you ready for MTD? If you receive income from rental properties or self employment, the way you report your tax may be changing from April 2026. Watch Kyle’s short video which explains whether you are affected, how, and what you should do as soon as
Didn’t file your tax return on time? What happens if you miss the January deadline for filing your self assessment tax return? Many people do, and you’re not alone, but it is important to act as soon as possible. Watch Chris Davies’ video to find out what this means for
Enterprises that pay business rates are being encouraged to check their current property valuation and make sure the details held by the Valuation Office Agency (VOA) are correct. If you believe your valuation is wrong, you have until 31 March 2026 to request any changes to your current valuation. After
Landlords – Changes to income reporting – MTD 2025 Making Tax Digital (MTD) for income tax will be mandated for a large group of self-assessment taxpayers from 6 April 2026, with even more individuals being mandated in 2027 and 2028. If your combined turnover from a property or sole trade
With the tax/financial year end approaching, now is a good time to check that you’re making the most of the available reliefs and allowances available to you. Please talk to us if you think any of the issues affect you. Savings If you have some spare cash, an obvious tax
With just 8 weeks or so to go until the new tax year, many businesses are preparing for the changes that Making Tax Digital (MTD) will bring. From April, sole traders and landlords with an income of over £50,000 will need to submit quarterly updates to HMRC. It is estimated