Could refinancing your property put mortgage interest relief at risk?

Business Tax

HMRC has changed its guidance on claiming tax relief for interest on loans used to replace capital withdrawn from a business. The Chartered Institute of Taxation (CIOT) has now challenged the revised guidance, warning that it creates uncertainty for landlords, sole traders and partnerships. Could your borrowing arrangements be affected?

13.10.2026

HMRC text or scam? Check before you act

VAT, Business Tax, Personal Tax

HMRC is contacting some taxpayers by text this week about overdue Self Assessment liabilities and is also sending updates about VAT registration applications. At the same time, it has expanded its guidance on spotting fake HMRC messages on social media. How can you tell whether a message is genuine?

08.10.2026

Received a P800? Check how HMRC has used your allowances

Personal Tax

Some HMRC P800 tax calculations can produce too much tax where a taxpayer has several different types of income and allowances are not allocated in the most favourable way. People with employment or pension income alongside savings, dividends or other income are particularly at risk here. Could HMRC be charging you too much?

06.10.2026

HMRC targets undeclared consultancy income in the medical sector

Business Tax, Personal Tax

HMRC is writing to people working in the medical sector where information supplied by private healthcare providers suggests that consultancy fees may have been omitted from their tax returns. Recipients have 30 days to check their position and respond. What should you do if you get a letter?

01.10.2026

Already paid CGT? Don't pay it twice through Self Assessment

Personal Tax

Taxpayers completing their 2025/26 Self Assessment return may need to include capital gains that have already been reported separately to HMRC, together with any capital gains tax (CGT) already paid. How could this lead to a double payment?

30.09.2026

HMRC moves tax return registration into the digital age

Business Tax, Personal Tax

A new and improved self-assessment registration service has been launched. What's changed?

28.09.2026