All In Bookkeeping
and Accountancy

Sara White , Editor, Business & Accountancy Daily. Croner-i In a blow for earners, chancellor extends income tax threshold freeze for another three years. Rather than raise income tax rates which would have broken Labour’s manifesto pledge of not increasing the big three taxes on working people, the chancellor Rachel Reeves took the worst possible route freezing income tax thresholds endlessly into the future until April 2031, long after the next election will be over. This m

Sara White , Editor, Business & Accountancy Daily. Croner-i A £4.7bn tax swoop on pension savers is due to come into force when tough new rules on the use of salary sacrifice for pension contributions start. But the chancellor will not introduce the measure immediately, leaving pension savers and employers to contemplate possible alternative approaches for a few years. The plan will see the capping of national insurance contribution (NICs) relief on salary sacrifice into pens

Sara White , Editor, Business & Accountancy Daily. Croner-i In a Budget speech full of minor tax changes, chancellor confirmed increase in dividend tax rates. From the new tax year in April 2026, the base and higher rates of tax on dividend income will increase by 2% to 10.75% for basic-rate taxpayers and 35.75% for higher and additional rate taxpayers. The current £500 of exempted tax free dividend income will not change, although this has been reduced by successive chancell

Sara White , Editor, Business & Accountancy Daily. Croner-i Chancellor confirms state pension to rise by 4.8% in line with earnings and well above inflation, putting pensioners within £23 of tax threshold. This means the full state pension, which it should be noted is not paid to all pensioners due to various changes over the years, will amount to £12,547 a year from April 2026 due to triple lock, up from the current £11,973 a year. This brings it dangerously close to the bas

Sara White , Editor, Business & Accountancy Daily. Croner-i In a major push to drive awareness about Making Tax Digital for Income Tax, HMRC is writing to hundreds of thousands of taxpayers with income over £50,000 falling under reporting net. From April 2026, landlords and self employed and sole traders with income in excess of £50,000 from earnings, rental income and so forth, will have to report quarterly under MTD for Income Tax. Now HMRC is starting to send letters out t

Neil Warren , CTA VAT consultant and tax writer. Croner-i Neil Warren CTA (Fellow) ATT considers the pros and cons of splitting businesses to reduce VAT liability, with a warning about HMRC’s powers to treat separate entities as a single registration for VAT purposes if they are closely connected.   I’ve just had a new carpet fitted in my house, which has produced two major benefits: firstly, it has made the bedroom look much more stylish, a royal suite rather than the forgot

Jacob Grattage , Reporter, Business & Accountancy Daily. Croner-i Latest inflation figure shows a slight drop to 3.6% after relatively low increases in the gas and electricity price cap, but cost of food continues to soar. As widely expected, inflation has dropped to 3.6% in October 2025, down from a stubborn rate of 3.8% where it was stuck for three months. Year on year the rate has got worse, with last October’s figure 3.2%. However, food inflation was still painfully high

Sara White , Editor, Business & Accountancy Daily. Croner-i Employees who use their own car to travel for work business ‘stranded on the roadside’ by absurdly low mileage rates, which have lost touch with inflation, warns Association of Taxation Technicians (ATT). Official HMRC approved mileage rates have been frozen at 45p per mile up to 10,000 miles annual mileage for 14 years since 2011, a figure which would be 67p per mile if it had tracked inflation. The freeze has happe

Jacob Grattage , Reporter, Business & Accountancy Daily. Croner-i As ID verification becomes law, so far one in four directors have verified their identity out of the more than six million on the register. There is a one year transition period for all directors to verify their identity on Companies House, but all new companies will have to go through the process as soon as they are incorporated. Companies House confirmed that 1.5m directors had cleared the ID process adding t