Ingenhaag Tax Briefing Autumn 2026

Our Summer 2026 Tax Briefing highlights the latest tax changes and HMRC updates affecting individuals and businesses. From new reporting requirements for company directors and Making Tax Digital to VAT, electric vehicles and increased mileage allowances, here are the key developments you need to know.

Our Spring 2026 Tax Briefing highlights the latest changes and updates from HMRC that could affect individuals, landlords and businesses. From Making Tax Digital and new tax penalties to Statutory Sick Pay, VAT and National Insurance changes, here are the key developments you need to know.

Ingenhaag Tax Briefing Autumn 2025

HMRC has confirmed that the mandatory payrolling of benefits in kind (BIKs) will be delayed to April 2027, giving businesses more time to get to grips with the process

The Government has announced plans to increase the threshold above which income from self-employment must be reported via self assessment

As we said in our briefing on 7th November, at the Autumn Budget the Chancellor announced plans to remove the exemption which allows unused pension funds to be inherited tax free.

Currently no Inheritance Tax (IHT) is chargeable on an individual’s invested pension fund when they die, regardless of their age on death. Instead pension funds are subject to their own tax regime outside of IHT. Where the individual dies under the age of 75 the fund can be passed to beneficiaries completely free of tax.

The Chancellor has announced that the main rate of secondary Class 1 national insurance contributions (NIC) for employers will increase by 1.2 percentage points from 13.8% to 15% from April 2025

New guidance from HMRC confirms that profits used to assess student loan repayments and entitlement to student finance will include transitional profits from basis period reform.

The headline news from the Spring Budget was further cuts to national insurance contributions (NIC) of 2% each for self-employed taxpayers and employees.