With the Self Assessment deadline of 31 January 2026 now on the horizon, it’s a good time to start preparing your tax return for 2024–25. A few key updates and rule changes could affect what you need to report and how your tax is calculated this year. Here’s what to look out for: 1. Capital Gains Tax (CGT) rate change If you’ve sold assets such as shares, property, or investments during the 2024–25 tax year, it’s important to note that Capital Gains Tax rates changed partway

If you were born before 22 September 1959 and live in England, Wales or Northern Ireland, you’re likely to receive a Winter Fuel Payment (WFP) this coming winter (2025–26). The payment – worth between £100 and £300 – is designed to help with heating costs, and will be made automatically in November or December 2025. However, HMRC has confirmed that the WFP will now be clawed back if your income for the 2025–26 tax year exceeds £35,000. Here’s what that means and how it could

HMRC is continuing to scrutinise the VAT treatment of retailers who sell goods such as flooring, kitchens, and bathrooms, and then refer...

From 18 November 2025, new rules will come into effect requiring all company directors and People with Significant Control (PSCs) to...

In August, the government unveiled its Small Business Plan, a package of measures designed to support growth, improve cashflow, and...

From 13 October 2025 , Companies House will be making a major change to the way businesses access WebFiling. To log in, you’ll now need...

The Valuation Office Agency (VOA) will soon be updating the rateable values of commercial properties across England and Wales, with the...

The UK is entering a period of financial strain as government borrowing costs hit their highest point in over two decades. Long-term...

July has been a month of roadmaps. Alongside the Government’s roadmap for the Employment Rights Bill, HM Revenue & Customs (HMRC) has set...

The Government has published a detailed roadmap for the Employment Rights Bill, one of the most significant overhauls of UK employment...

Business owners across the UK are navigating an increasingly uncertain economic landscape. With inflation creeping up, growth faltering,...

As the financial year concludes, schools and educational establishments across England and Wales face the important task of managing...

On 25 June 2025, the Department for Education (DfE) published the updated Academy Trust Handbook 2025, which will came into effect for...

Why Forecasting Matters   Financial forecasting in England’s multi-academy trusts (MATs) isn't just paperwork—it directly impacts...

Key date: All academy trusts operating before   30th April 2025 must submit their BFR by  5pm on 28th August 2025. The filing window...

As academy trusts move away from local authority control, they’re now responsible for managing their own VAT affairs. This shift brings...

As the education sector continues to face financial pressure, more Multi-Academy Trusts (MATs) are considering GAG pooling as a way to...

SJC, Chartered Accountants is delighted to announce the appointment of Katee Hughes as Director, further strengthening the firm’s...

Gifting is one of life’s simple joys – and when it’s paired with effective inheritance tax (IHT) planning, it becomes even more...

In a recent Written Ministerial Statement, James Murray, the Exchequer Secretary to the Treasury, outlined 39 new measures aimed at...