Tax Tips Newsletter

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09/10/2025

Our Tax Team – Rachel, Louise, Lee (L-R)

Welcome to Davies Tracey’s Tax Tips Newsletter, designed to keep you one step ahead of the taxman. We are committed to ensuring none of our clients pay a penny more in tax than is necessary and as such, this month’s news and tips include:

Click a link above to read an article, or skip straight to our regular content:

This month we’re also encouraging directors of limited companies to check the government guidance on verifying your identity, as clients have started to receive communication from Companies House in relation to this, as part of a drive to increase the transparency and accuracy of the Companies House register, as well as combat fraud. For clarification from us, along with useful links, please visit our relevant news article here.

Also, it’s the time of year when subscriptions to our DT Protect service renew. Whether already taking advantage of this Tax Enquiry Fee Protection Service or not, clients should look out for letters in the post which answer key subscription questions including costs and deadlines. In the meantime, further information can be found in our DT Protect leaflet (click here to view).

If you have any questions on any topics covered in this newsletter, please give us a call for answers. We’re here to help – on 01642 606003.

Making Tax Digital (MTD) for Income Tax starts in six months
Making Tax Digital (MTD) for Income Tax begins in April 2026. It will initially affect sole traders and landlords earning over £50,000 annually. Read More...
 
100,000 HMRC accounts hit by scammers
HM Revenue and Customs (HMRC) revealed that it suffered a phishing attack that led to the compromise of around 100,000 personal tax accounts. Read More...
 
Government facing legal challenges over 'family farms tax'
Chancellor Rachel Reeves announced changes in her October 2024 Budget that would reduce inheritance tax relief for farms and family-owned businesses. Read More...
 
The Autumn Budget - potential tax changes
Chancellor Rachel Reeves has set the date for the Government's Autumn Budget. It will take place on the 26th of November. Read More...
 
October Questions and Answers
Q: My husband has been out of work for a year, so his income has dropped below the Personal Allowance. Is it correct that I can now qualify for the Marriage Allowance? Read More...
 
October Key Dates
1st: Corporation Tax payments are due for companies with a year-end of 31st December. Read More...
 

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