A world without tax accountants
Anecdotal evidence suggests that in the next 5 years the number of tax agents leaving practice will far exceed the number joining the profession
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Payment deadline for corporation tax
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HMRC targets undeclared consultancy income in the medical sector
HMRC is writing to people working in the medical sector where information supplied by private healthcare providers suggests that consultancy fees may have been omitted from their tax returns. Recipients have 30 days to check their position and respond. What should you do if you get a letter?
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MONTHLY FOCUS: BUSINESS AND AGRICULTURAL PROPERTY RELIEF: WHAT DO THE NEW IHT RULES MEAN FOR YOU?
The inheritance tax treatment of businesses and farms changed fundamentally from 6 April 2026. The amount that can qualify for 100% business property relief and agricultural property relief is now capped, potentially leaving families with a significant tax bill for the first time. What has changed, and what should business owners and farmers be doing about it?
Anecdotal evidence suggests that in the next 5 years the number of tax agents leaving practice will far exceed the number joining the profession. Here are two possible reasons why:
- increasing regulation of the profession
- Making Tax Digital (MTD) for income tax self-assessment.
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