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21/10/2025 |
October Tax Tips & News
Welcome to the Philip Burley & Co. monthly newsletter, bringing you the latest news and information.
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| 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... |
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| 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... |
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| 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... |
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| 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... |
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| 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... |
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| October Key Dates |
| 1st: Corporation Tax payments are due for companies with a year-end of 31st December. Read More... |
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| About Us |
We’re committed to ensuring none of our clients pay a penny more in tax than is necessary and they receive useful tax and business advice and support throughout the year. If you need further assistance just let us know or send us a question from our Question and Answer Section. Philip Burley & Co. Accountants are based in Whitby, North Yorkshire, offering local business owners and individuals a wide range of services.
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Copyright © 2025 Philip Burley & Co.. All rights reserved.
28 Bagdale
Whitby
North Yorkshire
YO21 1QL
Philip Burley & Co. is a trading name of Philip Burley (Whitby) Ltd
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