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Self-Assessment: don't miss the 31 July payment deadline
The 31st July Self-Assessment payment deadline is fast approaching. If you make Payments on Account, your second payment for the 2025/26 tax year must be paid by this date. If you miss the deadline, interest may be charged, so it's worth checking now whether you need to make a payment. You will usually need to make Payments on Account unless: your last Self-Assessment tax bill was under £1,000, or you paid more than 80% of your tax through PAYE or other deductions. If paying

Styles & Associates
Jul 11 min read


R&D Tax Relief Deadline Approaching
Businesses with a December 2025 year-end that plan to make a Research & Development (R&D) tax relief claim may need to submit a Claim Notification Form (CNF) to HMRC by 30 June 2026

Styles & Associates
May 203 min read


Prepare for Digital Tax Reporting by April 2026
Over 860,000 sole traders and landlords must switch to digital tax reporting by April 2026 under Making Tax Digital for Income Tax. Learn who is affected, what’s changing, and how to prepare now to stay compliant and avoid last-minute pressure.

Styles & Associates
Feb 122 min read


UK government in unexpected tax surplus for January
The UK unexpectedly recorded a budget surplus in January, in part due to an increase in self assessment Income Tax receipts. Markets had...

Styles & Associates
Feb 23, 20231 min read


Self Assessment deadline
HMRC have issued a reminder to taxpayers that the self assessment deadline is approaching. Self Assessment taxpayers have until 31...

Styles & Associates
Oct 24, 20221 min read


HMRC raises late payment interest from 11 October 2022
Following the Monetary Policy Committee decision to increase the Bank of England base rate to 2.25%, HMRC announced increases to both...

Styles & Associates
Oct 13, 20221 min read


HMRC releases details MTD for Income Tax
HMRC has published more details on how Making Tax Digital for Income Tax (MTD for IT) will work for buy-to-let landlords and sole traders...

Styles & Associates
Sep 1, 20222 min read


MTD for income tax pilot extended
The pilot for Making Tax Digital for Income Tax Self Assessment (MTD ITSA) is being extended by HMRC to more self-employed workers and...

Styles & Associates
Jul 7, 20222 min read


More than one million customers take advantage of extra time to file tax returns
HM Revenue and Customs (HMRC) has revealed that more than one million customers filed their late tax returns in February – taking...

Styles & Associates
Feb 1, 20222 min read


Scam HMRC call reports drop by 97%
Reports of scam phone calls have fallen by 97% over the last 12 months, according to the latest figures from HM Revenue and Customs...

Styles & Associates
Jan 3, 20222 min read



