Amin & Co Accountants

The first quarterly update under Making Tax Digital (MTD) for Income Tax is due soon — are you ready? If you're self-employed, a sole trader or a landlord registered for MTD, now’s the time to check your records for the period 6 Apr–30 Jun 2026 to avoid last-minute stress. Read our quick guide for what to prepare and next steps. https://wix.to/cuH3HcM

Get Ready for Your First Making Tax Digital (MTD) for Income Tax Quarterly Update: Quarter Ending: 30 June 2026 The first quarterly update under Making Tax Digital (MTD) for Income Tax is now approaching for many self-employed individuals and landlords.If you are registered for MTD for Income Tax, your first quarterly update covering the period from 6 April 2026 to 30 June 2026 is due soon. Preparing now will...

Important change for UK nationals living or working abroad: From 6 April 2026 voluntary Class 2 NI payments for periods abroad are withdrawn for 2026/27 onward — most people will need to pay Class 3 instead. Check if you still qualify and what this means for your state pension and benefits. Read the full post: https://wix.to/AVVrMLi

Voluntary National Insurance Contributions for People Living or Working Abroad – Important Changes from April 2026 HMRC has introduced important changes to voluntary National Insurance (NI) contributions for people living or working abroad.What has changed?From 6 April 2026, the option to pay voluntary Class 2 National Insurance contributions for periods abroad has been withdrawn for the 2026/27 tax year onwards...

https://www.aminandcoaccountants.co.uk/post/furnished-holiday-lettings-reminder-of-changes

Furnished Holiday Lettings — reminder of changes The Furnished Holiday Lettings (FHL) tax regime was abolished on 1 April 2025.With the new tax year approaching, we would like to remind to all affected tax payers about how these changes will apply going forward.From April 2025, income from Furnished Holiday Lettings is no longer treated separately...

https://www.aminandcoaccountants.co.uk/post/statutory-sick-pay-changes-what-employers-need-to-know

Statutory Sick Pay changes — what employers need to know From 6 April 2026 the Employment Rights Act 2025 introduced changes to Statutory Sick Pay (SSP) that all employers need to be aware. Removal of the Lower Earnings LimitAll eligible employees are now entitled to SSP regardless of income. SSP is paid at 80% of normal weekly earnings or the weekly flat...

https://www.aminandcoaccountants.co.uk/post/small-employers-relief-compensation-rate-increased-from-8-5-to-9

Small Employers’ Relief compensation rate increased from 8.5% to 9% The small employers rate increased to 9% on 6 April 2026. Your clients who qualify for Small Employers’ Relief — if they have paid £45,000 or less in Class 1 National Insurance contributions — can reclaim 100% of all statutory payments they pay except Statutory Sick Pay which cannot be reclai...

https://www.aminandcoaccountants.co.uk/post/new-rates-for-the-national-minimum-wage-from-1st-april-2026

New rates for the National Minimum Wage from 1st April 2026 According to legal requirements, the National Minimum Wage (NMW) and National Living Wage (NLW) are the minimum hourly rates that employers must pay their workers, irrespective of the size of their workforce.Rates increase on 1 April each year. All employers must use the new NMW rates and NLW rates....