| Making Tax Digital (MTD) for Income Tax - deadline reminders |
| From April 2026, MTD for Income Tax came into force for sole traders and landlords who had gross income over £50,000 in the previous tax year. Read More... |
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| HMRC rejects almost half of Making Tax Digital exemptions |
| At the time of its request, a Freedom of Information request has shown that HMRC rejected 47% of applications for exemption from the MTD for Income Tax scheme. Read More... |
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| Pensions to be included in IHT calculations from April 2027 |
| From April 2027, unused defined contribution (DC) pensions will be counted as part of a person's estate for inheritance tax (IHT). Read More... |
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| Drop in tax relief on VCTs may affect economic growth |
| The Chancellor reduced income tax relief on Venture Capital Trusts (VCTs) from 30% to 20%, effective 6 April 2026. Read More... |
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| June Questions and Answers |
| Q: I retired last year but have since taken on a part-time job. My defined benefit pension uses up my Personal Allowance, so how much tax will I have to pay? Read More... |
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| June Key Dates |
| 1st: Corporation Tax payments are due for companies with a year-end of 31st August. Read More... |
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| About Us |
Freeman & Co. Accountants are based in Leicestershire, offering local business owners and individuals a wide range of services. All clients are entitled to fixed fees, work delivered on time and phone support. Visit our website freemanco.net for more information.
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Copyright © 2026 Freeman & Co.. All rights reserved.
110 St. Mary’s Road
Market Harborough
Leicestershire
LE16 7DX
Freeman & Co. is a trading name of Freeman & Co. (Accountants) Limited
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