Brett Pittwood Limited

HMRC have announced that from April 2027, interest earned on cash within stocks and shares ISA's will be subject to income tax at 22%.

ISA reform 2027: anti-circumvention rules factsheet We’d like to set additional cookies to understand how you use GOV.UK, remember your settings and improve government services.

The chancellor has announced a 10p increase in the 45p mileage rate, backdated to take effect from 6 April.

Also announced was a cut in VAT rates for certain children’s attractions and meals in restaurants from 20% to 5% for the school summer holidays.

Chancellor Rachel Reeves statement to Parliament Chancellor Rachel Reeves has today (21 May) updated the House of Commons on the Government's economic response to the war in Iran, and the action they are taking to support families and businesses with the Cost of Living.

Just a quick note to wish our followers and connections a Happy Easter.

Our office will close at 5pm today for the Bank Holiday weekend and will reopen at 9am on Tuesday morning.

From 1 April HMRC will introduce increased penalties for late corporation tax returns, full details can be seen below. In short the late filing penalties will double from the current levels.

As we approach the end of the tax year it worth remembering so key allowances, such as pension contributions and charitable donations. The timing of these items can be key in reducing your tax, either in general or by being used to keep you just within a certain tax banding.

The tax year end is three and half weeks away so there is not much time to plan!

Remember that (if applicable) balancing payments for the 2024/25 tax year and the first payment on account for the 2025/26 year are due by 31 January.

Details of how to make payment can be found via this link https://www.gov.uk/pay-self-assessment-tax-bill/bank-details and the reference number to use when making payment is your personal UTR number followed by the letter 'K'.

Any amounts unpaid will begin to accrue interest after this date.

Pay your Self Assessment tax bill Payment options for your Self Assessment tax bill - Direct Debit, bank transfer, through your tax code, debit or credit card, cheque and pay weekly or monthly

Happy New Year to all our followers, wishing you all the best for 2026.

Our office will be closed during the forthcoming festive season. 🎄

Please check below for detailed information on our opening hours.