Tax Tips, Business News & Accounting Insights

Discover the key Autumn Budget 2026 tax changes affecting businesses, sole traders, landlords and individuals, explained by MCL Accountants.

From April 2025, directors must report detailed dividend information on Self-Assessment tax returns. Learn what’s changing and how to prepare.

Making Tax Digital for Income Tax begins April 2026, requiring self-employed individuals and landlords to comply with digital tax reporting rules.

Discover how employers can claim a refund on overpaid PAYE tax, including eligibility, required documents, and submission methods via HMRC.

From April 2026, Making Tax Digital for Income Tax requires landlords and self-employed individuals to keep digital records and submit quarterly updates.

Autumn Budget 2024 was delivered by the Chancellor, Rachel Reeves on Wednesday, 30th October where she announced tax rises worth £40bn.

From 14 October 2024, HMRC requires taxpayers to provide evidence for PAYE employment expense claims using a P87 form, with digital claims resuming in 2025.

Are any funds lost through fraud Tax deductible is a question that comes up often these days due to the growing number of online scams & frauds.

Non-resident company landlord with UK property may be able to receive rental income with no tax deducted. Click to find out more.

Tax rises in October Budget has been a frequently asked question by our clients since the prime minister, Keir Starmer warned that the October Budget will be ‘painful’.

Changes to the taxation of non-UK domiciled individuals were announced by the new Chancellor in the Economic statement on 29 July 2024.

Learn how to choose an accountant or tax agent, ensuring they’re the right fit, as you’re still responsible for your own tax affairs.