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05/03/2026 |
March Tax Tips & News
Welcome to the Philip Burley & Co. monthly newsletter, bringing you the latest news and information.
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| Spring Statement 2026 |
| The Spring Statement (March 03, 2026) speech was hoped to be "low drama" after the controversy surrounding last year's one and the Autumn Budget.
Experts have called for stability, for example PensionBee says savers need clarity and consistency because r Read More... |
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| HMRC issues Making Tax Digital reminder to workers |
| From 6 April 2026, self-employed workers and landlords earning over £50,000 in gross income will need to keep digital tax records throughout the year Read More... |
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| HMRC issuing pensioners with new tax codes for winter fuel repayments |
| Some state pensioners will receive updated PAYE tax codes. This is to recover winter fuel payments from those whose total income exceeded £35,000 in the 2025-26 tax year. Read More... |
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| High earners actively avoiding crossing the £100k income threshold |
| According to the Chartered Management Institute, 43% of managers say they or their employees have taken steps to keep income below £100k. Read More... |
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| HMRC is increasing tax investigations |
| HMRC is intensifying checks on individuals and small businesses. Many investigations begin because of avoidable mistakes that trigger automated red flags. Read More... |
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| March Questions and Answers |
| Are Premium Bonds a tax efficient way of saving? Read More... |
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| March Key Dates |
| 1st: Corporation Tax payments are due for companies with a year-end of 30th May 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 © 2026 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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