Welcome to the AccoTax Help Centre
Search for answers to your questions by entering keywords below, or scroll down to look through our knowledge base.
News
Car Tax Update Sees a 400% Hike in Costs for Some
Since April 2025, HMRC has reclassified double cab pick-up trucks as cars rather than commercial vehicles. Previously, pick-ups with payloads over 1,000kg were taxed as
Cause for Cheer on Company Parties
Did you know that your business can benefit from a tax-free allowance if you host a celebratory event for your employees? If not, you may
Chancellor Considers a New Property Tax to Replace Stamp Duty
Chancellor Rachel Reeves is exploring a new proportional property tax targeting homes worth over £500k. This would replace stamp duty for owner-occupied homes, but not
Changes for Companies House Address Rules
Changes have taken effect regarding Companies House rules on the public register. As of 27 January, you can apply to hide your residential address from
Claims that the Chancellor’s U-Turns Cost £3bn of Headroom
Chancellor Rachel Reeves is reported to have already used up to £3bn of the £22bn fiscal headroom she set out in her November Budget. The
Corporation Tax on Capital Gains
The main rate of corporation tax rose from 19% to 25% on 1 April 2023 for companies with profits over £250,000. The small profits rate
December Key Tax Dates 2024
19th For employers operating PAYE, this is the deadline to send an Employer Payment Summary (EPS) to claim any reduction on what you’ll owe HMRC.
Do I Need to Register as a Sole Trader if I Earn Under £12,570?
Q: If the personal allowance is £12,570, why do I have to register as a sole trader if I’m making less than that each year?
Do Teenagers Pay Tax on Summer Job Earnings in the UK?
Q: My teenage child has a summer job this year. As they are under 18, do they need to worry about tax on what they earn?
Does Cohabiting Affect Inheritance Tax Compared to Marriage?
Q: I have been cohabiting with my long-term partner for decades, but I’ve heard that could put us at a disadvantage when it comes to Inheritance
Employer Bulletin August 2023 – an Error Corrected
On 16 August 2023, the bi-monthly Employer Bulletin was published by HMRC. Employers and agents recognise the importance of the information contained in this and frequently
Employment Allowance: Common Errors by Businesses Revealed
A list of the biggest mistakes and errors made by businesses when claiming Employment Allowance and reporting their Apprenticeship Levy has been revealed. As part
Excess Mileage Payments
Petrol and diesel pump prices are high, but the tax-free mileage rates (see table) payable to employees who use their own vehicles on business haven‘t
Extra Lump Sum Pension Contribution: Are There any Consequences?
I have four years left until my retirement, and from April this year, I’d like to pay a lump sum from my monthly salary into
February Key Dates 2026
1st Corporation Tax payments are due for companies with a year-end of 30th April 19th For employers operating PAYE, this is the deadline to send
February Key Tax Dates 2025
14th The deadline to claim a deferral of class 1 NIC for employees with more than one employment. 19th For employers operating PAYE, this is
Government Climbdown on Inheritance Tax for Family Firms
Chancellor Rachel Reeves recently reversed part of a planned inheritance tax change affecting family-owned businesses and farms. The threshold at which 20% inheritance tax applies
Government Rejects Call to Raise Pensioners’ Tax-Free Allowance
A petition asked the Government to create a new tax code for people over state pension age and raise their personal allowance to £25,140. It
Have You Discovered this Tax Relief?
Are you aware of Business Asset Disposal Relief (BADR)? You may not have heard of it before, but you probably are familiar with Capital Gains
Hiring Veterans: National Insurance Relief Extended for Another Year
Changes to National Insurance contributions for employers have dominated much of the tax news headlines since being announced at the Autumn Budget. But one element