As with the start of any new tax year, there are the usual changes that pay professionals need to be aware of. But what else is going on in 2026 and beyond, and how can you start preparing for the future now? These key topics will be discussed in detail at the Finance, Accounting & Bookkeeping
First work out the taxable BiK value of your car, which you do by multiplying your chosen company car’s P11D value by its BiK percentage rate. Then work out the tax you’ll pay annually, by multiplying the BiK value by your personal tax rate. For a Basic rate taxpayer driving a car emitting 100g/km of
This page has been written and funded by Wesleyan Financial Services. Smart actions you can take now to optimise your tax position. As a doctor, you’re no stranger to long hours and high standards of care. However, according to Jonathan Halberda, Specialist Financial Adviser at Wesleyan Financial Services, there’s a critical area of your finances
The UK government has confirmed a significant shake-up of gambling taxation, with substantial increases aimed squarely at the online sector. Announced in the Autumn Budget, the measures are designed to modernise the tax system, reflect the rapid growth of digital gambling, and raise much-needed revenue for the public purse. Below is a clear breakdown of
Almost all petrol, diesel and electric car owners will face higher bills from April as new Vehicle Excise Duty (VED) rates are introduced, with standard rates rising from £195 to £200 07:16, 26 Jan 2026Updated 07:20, 26 Jan 2026 Increased charges will be implemented in just a few months(Image: Getty) Elderly motorists are amongst those
A reader asks at what age they can access their pension and how much tax they will have to pay In our weekly series, readers can email in with any question about retirement and pension savings to be answered by our expert, Tom Selby, director of public policy at investment platform AJ Bell. There is nothing he
Until a few years ago, only savers with the biggest nest eggs had to worry about paying tax on their savings interest. But higher interest rates have pushed returns up sharply, meaning people with far more modest balances are now being caught up in HMRC’s net. Our analysis of Moneyfacts data found that basic-rate taxpayers
Filing a self-assessment tax return can be stressful. Our survey found that more than four in 10 Which? members who do it themselves feel that way. In a separate question, three in 10 members who file their own self-assessment said they find the process difficult. Among this group, confusing terminology and rules were the most
You’re likely to receive your Form W-2 soon—if you haven’t already getty We’re expecting a huge event at the beginning of this week—one that’s expected to impact more than 150 million people. Of course, I’m referring to the winter storm. States from Texas through the mid-Atlantic (including my own state of Pennsylvania) and New England
If a similar proportion file late again this year, estimates suggest HMRC could collect £106m from automatic penalties alone, before daily fines and interest charges are added later in the year. This figure is likely to rise in future years as more people are pulled into Self Assessment for the first time, driven by frozen