Overview A long-standing Employment Allowance issue left a UK business with unresolved PAYE tax credit discrepancies across multiple tax years. Following a detailed review and communication with HM Revenue & Customs (HMRC), the account was successfully reinstated and corrected, resulting in a substantial credit balance being restored. This case study highlights the challenges, resolution process, […]
Technology has transformed the accounting profession over the last decade. But here at Stopfords we still regularly meet businesses whose accountants are reluctant to embrace it. It might sound surprising in 2026. But we’ve recently taken on several clients whose previous accountants were still using outdated methods instead of making full use of modern accounting […]
Clear and concise tax guide 2026/27 This guide provides practical tax information to help you navigate through the tax system and plan tax efficiently by providing you with an overview of the key tax rules. The first part of this guide covers rules potentially impacting you as an individual including certain scenarios which may be […]
Please visit our tax rates guide to check the tax rates you are using from the 6 April 2026 are the correct ones.
The government have announced an increase to the mileage rates from the start of the 2026-2027 tax year, we would suggest reviewing any mileage claims that have been made since 6 April 2026. Vehicle type First 10,000 business miles in the tax year Each business mile over 10,000 in the tax year Cars and vans […]
The company car fuel rates are reviewed and adjusted each quarter on:
1 March
1 June
1 September
1 December
Urgent Update for Landlords: Mandatory Renters’ Rights Act Information Sheet The government has released the official Renters’ Rights Act Information Sheet, which all landlords are legally required to give to their tenants. This document explains the changes introduced under the Renters’ Rights Act and forms a compulsory part of the new legislation. Deadline for issuing […]
From 6 April 2026, the UK will introduce the most significant overhaul of Statutory Sick Pay (SSP) in more than four decades. These reforms take effect under the Employment Rights Act 2025, and will impact employers of all sizes—particularly those with part‑time, low‑paid, or irregular‑hours workforces.
From 1st April 2026, the national minimum & national living wage will be increasing to the following: New Old Apprentices* £8.00 £7.55 Under 18 £8.00 £7.55 18-20 year olds £10.85 £10.00 21 & over £12.71 £12.21 *The apprentice rate only applies to enrolled apprentices under the age of 19. Any apprentices aged 19 & over must […]
Rachel Reeves delivered the Spring Statement on Tuesday 3 March, and the link below will direct you to the information and key points announced. If you wish to discuss any of the contents, please contact our team on 01623 420269.
Our Tax Fee Protection service protects you against fees we incur defending your position when enquired by HMRC. The cost of an enquiry can run into thousands of pounds, and anyone can be targeted. We invite all our clients to sign up for the service, and you will receive the invite early March. If you […]
The company car fuel rates are reviewed and adjusted each quarter on:
1 March
1 June
1 September
1 December
