With the festivities behind us, it is time to turn our thoughts to the next ‘new year’, on 5 April. We take a brief look at a few things to consider before the end of the tax year.

With the end of January rapidly approaching, many will be turning their attention to the Self-Assessment tax return deadline. If you need to file a tax return and haven’t yet now is the time to act.

Companies House have announced a substantial increase to the fees charged. The doubling cost of incorporating a business is a particular sting in the tail.

Government plans on company reporting appear somewhat contradictory. Some regulations are set to tighten from April 2027, but latest announcements suggest a move in the opposite direction.

HMRC’s newly launched online service means that taxpayers can pay a high income child benefit charge (HICBC) in real time. It should reduce the number of individuals who have to register for self assessment only for HICBC.

Today the Chancellor, Rachel Reeves, delivered her 2025 Autumn Budget – not before the OBR accidently published its official forecast early - where a number of changes were announced.

Used wisely, a company loan can be an attractive option for directors who need to access company funds, especially if the need is urgent. However, there can also be serious tax implications for the unwary.

HMRC figures show cash ISA subscriptions have increased by almost 224% more than stocks and shares ISAs in the last decade.

From April 2026, Making Tax Digital (MTD) will become mandatory for sole traders and landlords with an annual income of more than £50,000. However, some may be able to avoid the requirements.

A Bank of England proposal to cap stablecoin holdings at a maximum of £10,000 or £20,000 for individuals has received fierce criticism; however, there are signs the Bank is softening its stance.

Recently published statistics show that the company car is making something of a comeback, with the number of recipients for 2023/24 up 80,000 from the previous year.

In early September (which already feels like a very long time ago), the Deputy Prime Minister resigned after discovering that she had underpaid Stamp Duty Land Tax (SDLT) on the purchase of a flat in Hove after not taking appropriate advice. We take a look at what went wrong and how you can avoid similar mistakes.

HMRC have withdrawn form VAT652. Companies with large VAT return errors must now submit corrections online or in writing. Larger VAT return errors are entered as method 2 type corrections, whereas method 1 is used when correcting smaller errors.

HMRC’s Let Property Campaign has been running for over twelve years. In 2024/25, it pulled in a record £107 million from landlords – more than a 60% increase on the previous year.

Companies House identity verification starts on 18 November 2025. For individual directors, the date will vary when they will need to confirm they have verified their identity, depending on when their company’s next confirmation statement is due.

Business Asset Disposal Relief (BADR), which reduces the CGT rate on business sales, will be less advantageous from April 2026, so with 6 months to go until this takes effect, company owners may be looking to sell sooner rather than later.

Companies that may have miscalculated their corporation tax marginal relief, likely due to ignoring associated companies, may receive a letter from HMRC as part of a new campaign.

HMRC has introduced additional checks on pension tax relief claims after finding that a third of claims made by PAYE tax codes were incorrect.

Shortly before Parliament closed for its summer holidays, the government announced a review of the State pension age (SPA).

TN Accountancy was launched in September 2018, so this month we reach our 7th year in business. A big thank you to our clients and professional contacts who’ve supported us along the way.