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If you drive an electric or plug-in hybrid car you will have to pay a new mileage-based charge from April 2028

The electric vehicle excise duty (eVED) will be charged on top of the current vehicle excise duty charge paid by all vehicles. The charge will equal 3p per mile for fully electric cars...

If you owe income tax that cannot be collected automatically via PAYE, such as tax on bank interest or the state pension, HMRC may send you a simple assessment notice

This letter shows how much tax HMRC believe you owe based on information they hold. It is important to check the figures against y...

Draft legislation has been published giving more insight into how and when proposed restrictions to two major inheritance tax (IHT) reliefs will be implemented.

At Autumn Budget 2024 the Chancellor announced plans to reform business property relief (BPR) and agricultural property relief (APR). Dr...

ADVISORY FUEL RATES

If you reimburse fuel or charging costs for employees using a company car for business travel there will be no taxable profit and no Class 1A national insurance, provided the mileage amount paid does not exceed the advisory rates.

From 1 September 2025 the advisory rates...

From January 2026 UK businesses facilitating cryptoasset exchanges must collect user and transaction data and report it to HMRC under the new cryptoasset reporting framework (CARF)

The first report, which will cover the period from 1 January to 31 December 2026, must be submitted to HMRC by 31 Ma...