NEWS & UPDATES

It's 1 March. The 2024/25 tax year ends on 5 April 2025. That's 5 weeks to get organized, reduce your tax bill, and avoid last-minute panic. Here's exactly what you need to do - whether you're a sole trader or company director. Why This Matters After 5 April 2025, you can't: - Claim expenses for 2024/25 - Use this year's allowances (they don't carry forward) - Make pension contributions that count for this year - Reduce your 2024/25 tax bill But right now, you still can. Let'

If you've been filing your company accounts for free using CATO or WebFiling , I've got some bad news. Both services are shutting down - CATO in March 2026 and WebFiling in April 2027. I know, it's frustrating. But let me break down what's actually happening and what you need to do about it. The Two Big Deadlines Here's the situation: March 2026 - CATO is closing. This is the free service you might be using to file your Corporation Tax return (CT600) with HMRC. April 2027 -

CATEGORY : Legislation Update | Posted : November 2024 | Updated : November 2024 Everything you need to know about Making Tax Digital compliance, who's affected, and how to get your business ready for digital record-keeping. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ⚠️ IMPORTANT UPDATE: Making Tax Digital for Income Tax Self-Assessment has been delayed. The latest timeline: April 2026:  Mandatory for self-employed and landlords with income over £50,000 April 2027:  Mandatory

CATEGORY: Tax Deadlines | Posted: December 2024 | Updated: December 2024 Don't miss the deadline! Learn about key dates, penalties, and how to file your self-assessment tax return on time for the 2024/25 tax year. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━Key Dates at a Glance 5 April 2025:  End of 2024/25 tax year 5 October 2025:  Deadline to register for self-assessment (if new) 31 October 2025:  Paper return deadline 31 January 2026:  Online filing deadline AND payment dead