Thompson Elphick

60-day CGT deadline for residential properties Selling UK residential property? CGT must be reported and paid within 60 days if Private Residence Relief doesn't cover the full gain. Know your deadlines! #CGT #PropertyTax #UKFinance tinyurl.com/54kc6x2t

Company car fuel repayment deadline nears Company car fuel users: Repay any private fuel by 6 July or face a hefty tax charge based on your car's CO2 emissions and fuel multiplier. #CompanyCar #TaxTips #FuelCosts tinyurl.com/5524kt3c

Who pays Scottish Income Tax? Who pays Income Tax at Scottish rates? It depends on where you live most during the year, even if you have homes in multiple UK locations. #IncomeTax #Scotland #TaxRules tinyurl.com/4kuu2mvh

Rising Scams Around Winter Fuel Payment Winter Fuel Payment scams are increasing. HMRC will never ask for bank details by text or email. Always verify through official GOV.UK tools before you respond. #WinterFuelPayment #HMRC #FraudAlert tinyurl.com/3fu2kfbr

Higher VAT Rates for Limited Cost Traders Limited cost traders under the VAT Flat Rate Scheme face a bigger VAT rate of 16.5%. Check your spending now to see if this applies to you. Stay informed! #VAT #Business #Finance tinyurl.com/ye24y572

Tax alert on settled property benefits Keeping any income benefit from settled property changes how tax is applied. Understand the implications before gifting or transferring assets. #taxlaw #property #finance tinyurl.com/3ph9s552

Key Vehicle & Travel Expense Rules for the Self-Employed Self-employed? You might be able to claim vehicle and travel expenses to lower taxable profits. Claim fuel, repairs and hotels; but not fines or per... #taxrelief #selfemployed #businessexpenses tinyurl.com/yttckh9p

Capital Gains Tax Relief When Incorporating Incorporation Relief can postpone Capital Gains Tax when shifting your business to a company, understand conditions and deadlines to manage your tax impact now. #TaxRelief #Incorporation #Business tinyurl.com/ydtm5jc4

Important Employer Reporting Deadlines Employers must meet strict deadlines for reporting employee expenses and benefits or face penalties. Know your filing and payment dates today. #TaxNews #HMRC #Finance tinyurl.com/4uknz4ur

Avoid Penalties by Meeting Company Filing Deadlines Private limited companies: filing deadlines for accounts and tax returns must be met or face penalties from Companies House and HMRC. Stay compliant to avoid fines. #Compliance #Tax #UKBusiness tinyurl.com/5n7wfub3

Quarterly Tax Updates Due to HMRC Quarterly Making Tax Digital income tax updates to HMRC have set deadlines. Even if no activity, submissions are required to avoid penalties. Stay on top of your filings now. #MakingTaxDigital #HMRC #TaxDeadlines tinyurl.com/3423s76r

UK vaping products to require duty stamps in 2026 UK vaping products must have duty stamps from October 2026. Manufacturers and retailers should apply early to avoid delays and keep trading legally. #vaping #regulations #UKbusiness tinyurl.com/5486jjx2

How Time Away Impacts Property Tax Relief Living away from your home? Some absences still count towards tax relief on property sales. Understand what qualifies before you sell exactly. #CapitalGainsTax #Property #TaxRelief tinyurl.com/4ywaz4yh

Why Everyone's Using Their Personal Tax Account Have you registered your Personal Tax Account? Manage your tax, benefits, and refunds securely in one spot without calls or post. It's easier than you think. #Tax #HMRC #UKFinance tinyurl.com/ekbadk6s

Homeworking tax relief changes from 2026 From April 2026, homeworking tax relief is limited to those required to work at home. Choose to work remotely? No relief. Claims still open for past years. #taxrelief #workfromhome #finance tinyurl.com/mbkv5bnc

Affordable Debt Repayment Plans Launched New government measures aim to make debt repayments affordable and personalised, focusing on early support and fair treatment for those struggling to pay. #DebtSupport #FinanceNews #UKPolicy tinyurl.com/4xr3uaam

Helping UK exporters grow internationally UK exporters gain easy access to expert guidance, training, and finance options to navigate international markets and grow with confidence. #UKExports #BusinessSupport #GlobalTrade tinyurl.com/mr2d465c

New Marginal Relief Eases Corporation Tax Rise Corporation Tax now rises gradually between £50k and £250k profits thanks to marginal relief, making the tax burden smoother for growing companies today. But beware r... #TaxNews #CorporationTax #Business tinyurl.com/yj39vw6p

Key VAT Duties You Must Know VAT registration means following strict rules: charge VAT correctly, keep records, submit returns, and pay what you owe to HMRC without delay. #VAT #Business #Compliance tinyurl.com/bdh344mn

Business Asset Disposal Relief Tax Rises Business Asset Disposal Relief tax rises to 18% from April 2026 with new rules. Check how this affects selling businesses or shares today. #tax #business #capitalgains tinyurl.com/bdzasxe4