The approved mileage rate is 55p a mile for 2026/27, backdated to 6 April. Paid less? You can usually claim relief. From 1 November, use the 06/26 P87.
Approved mileage is now 55p: claiming the shortfall, and the P87 change on 1 November Read More »
From 7 October to 7 November 2026, HMRC may contact CIS contractors whose deduction rates don’t match subcontractors’ verified rates. What to check.
CIS contractors: HMRC letters about deduction rates (7 October to 7 November) Read More »
Have a PAYE Settlement Agreement? Tell HMRC the value of your PSA items, even if it’s nil, and pay the 2025/26 tax and Class 1B NIC by 22 October.
PAYE Settlement Agreements: tell HMRC (even if it’s nil) and pay by 22 October Read More »
Tax planning means looking ahead so you pay the tax you owe and no more, within the rules. Five reasons to plan your tax across the year.
Tax planning: making considered decisions with your money Read More »
Your company’s year-end affects your workload, cashflow and filing deadlines. What to think about when choosing it, and how a change of date works.
Choosing your company’s year-end date Read More »
What a director’s loan account is, how it builds up, why it matters at the company’s year-end and when to talk to us before you borrow.
Director’s loan accounts in plain English Read More »
Is your company’s year end getting close? The admin, tax and reporting tasks to plan for before the year end, not after it.
Company year-end preparations: time to get ready Read More »
Planning a Christmas party or summer event for your team? How the annual function exemption works, the £150 per head limit, and what happens if an event costs more.
Staff parties and the annual function exemption Read More »
