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

Jacob Grattage , Reporter, Business & Accountancy Daily. Croner-i Proof of ID verification for directors will be introduced on Companies House register with a green tick once the process is up and running. This will allow proper due diligence and evidence that directors and people with significant control ( PSCs) have complied with the new ID verification rules due to come into effect on 18 November, although there will be a one-year transition process. Company directors and

Sara White , Editor, Business & Accountancy Daily. Croner-i Not all the nine million pensions receiving a winter fuel payment into their bank accounts from this month will be able to keep the benefit as it will be taxable for several millions. Following the chancellor’s decision to u-turn on the government’s original decision to abolish winter fuel payments in July 2024, a new £35,000 income threshold now defines who is eligible for the tax free payment. But there is a big ca

Sara White , Editor, Business & Accountancy Daily. Croner-i Accountancy firms will have to pay significantly higher fees to HMRC for anti-money laundering (AML) supervision from this December. This is the first change in fees for six years and will see substantial increases for firms, including accountants and law firms, with the premises fee shooting up. But there is not much notice as the new fees come into effect from 1 December, just a few weeks away. AML supervision fees

Sara White , Editor, Business & Accountancy Daily. Croner-i Croner-i tax experts Glyn Fullelove, Sarah Kay and Martin Jackson talk to Sara White about what they expect in the Budget on 26 November from why the chancellor needs to make radical reform to the tax system, may have to break the pledge and must avoid salami slicing approach which will only wind up businesses and taxpayers. From business taxes to income tax and national insurance, tricky election pledges, VAT thresh

Croner-i VIP Tax Team A surge in HMRC letters to crypto investors is causing widespread concern about a lack of awareness about their individual tax liability, warns Neil Tipping, lead tax enquiry consultant at Croner-i VIP Tax Team. HMRC is becoming increasingly active with over 65,000 nudge letters having been sent out to suspected crypto investors in 2025. In 2024, 27,700 letters were sent out.  This is in advance of the new reporting obligations for cryptoasset service pr

Ian Ko , Senior associate, Kingsley Napley LLP. Croner-i A recent Deloitte Australia AI mishap underscores the risks of reliance on Generative AI tools and should be a warning light for accountants in light of new AI usage requirements in the ICAEW Code of Ethics, explain Ian Ko and Sam Binymin of Kingsley Napley LLP. In October 2025, fabricated material, including quotes and citations, was discovered in an assurance review of the Australian Department of Employment Workplace

CIPD HR-inform . Croner-i Stacie Cheadle, Croner-i technical writer, looks at the rights your employees have during IVF treatment According to research from the social enterprise Fertility Matters at Work, around 63% of employees undergoing IVF take sick leave to undergo treatment. Why are they doing this? Because there is no statutory right to time off for this treatment, but there have been calls to change that. Stacie Cheadle, Croner-I Technical Writer, looks at the statut

Greg McNally , Founder and managing partner,  VITA. Cr oner-i Greg McNally, managing partner at VITA, puts the case for a radical approach to the VAT threshold to allow HMRC to focus on large company compliance and leave small businesses alone. The government faces a difficult fiscal balancing act at the Budget. With pressure mounting to plug the public finances, policymakers are weighing two familiar doors: stimulate growth or increase taxes. VAT, and specifically the VAT re

Paul Brehony , Partner, Signature Litigation. Croner-i Major changes at Companies House mean all directors have to complete ID verification before registering a company or filing a confirmation statement, explain Abdulali Jiwaji and Paul Brehony, partners at Signature Litigation. New legal requirements take effect from 18 November 2025, requiring directors and persons with significant control (PSCs) of companies to verify their identities with Companies House. As part of the

Sara White , Editor, Business & Accountancy Daily. Croner-i After delaying the original mandatory reporting rollout by a year, HMRC calls in payroll expert for 18-month secondment to help with development of mandatory payroll expensing for businesses. Mathew Akrigg, policy and research officer at the Chartered Institute of Payroll Professionals (CIPP), has been briefed to assist with the move to mandatory payrolling of employee benefits and expenses, due to come into force Ap

Sara White , Editor, Business & Accountancy Daily - Croner-i The Society of Pension Professionals (SPP) has written to MPs warning of the dangers of ending salary sacrifice arrangements for pension contributions. With rumours swirling around the Budget, still more than two weeks away, the latest talk is of a clampdown on salary sacrifice use for pensions, which provides tax breaks for both employees and employers. The last time salary sacrifice was slashed back in April 2017,