Firm news
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Firm news, tax planning and finance blogs by our team
We know how important it is for you to be able to find up to date business information, and our people love to share their knowledge about the news, and accounting and tax legislation. Here you will find links to our latest press releases, as well as tax planning and finance blog posts – all written by the Whitley Stimpson team, so you can read our take on topical subjects, and use our advice to help you to run your business. We have also shared the odd blog post or two about what we get up to in our communities, because we are proud to be a part of the areas where we live and work, and to support them where we can.
Join in the conversation, we would love to hear from you.
Deadline extended for voluntary NIC payments
HMRC has given taxpayers an extra two years to plug any gaps in their NIC record from April 2006.
Relaxation of rules on self assessment for child benefit
Managing Child Benefit and High Income: the process for reclaiming high-income child benefit charge (HICBC) evolves to simplify tax obligations.
HMRC demands more data
HMRC’s New Data Reporting Requirements Coming in 2025-26 Tax Year. Discover what data HMRC plans to collect, including trade sectors, occupations, hours worked, and more.
Keeping a child benefit entitlement
Learn how to navigate the child benefit update process, especially when your child reaches the age of 16 and beyond.
Pensions update – changes to income tax for beneficiaries
Discover the impact of Spring Budget 2023 on Pension Taxation: Say Goodbye to the Lifetime Allowance (LTA) and Inheritance Tax Benefits. Learn how recent changes affect your pension withdrawals and inheritance plans.
Innovative Funding Opportunity for Farm Businesses
Farm Businesses have until the End of August to Apply to New Farm Innovation Fund.
Gearing Up for the Basis Period Reforms
The Basis Period Reforms will take full effect in the 2024/25 tax year – find out how these could impact disproportionally on farmers.
Changes to EPCs and how these impact on farmers
In its bid to become carbon net zero by 2050, the UK government is tightening the rules around Energy Performance Certificates (EPCs).
APR and Foreign Properties – Spring Budget Changes
Since 2009, UK farmers who own land abroad have been able to claim Agricultural Property Relief...
How the reduction in BPS could cut your CGT bill
Find out how the reduction in BPS could cut your CGT bill and about offsetting unclaimed BPS entitlements.
Setting up a dog exercise field? Here’s what you need to know
Whitley Stimpson take a look at what factors, farmers need to consider when setting up a dog exercise area.
The Rural England Prosperity Fund (REPF) – A Guide
Rural England Prosperity Fund – financial support to help to boost prosperity in the countryside. Read the guide by Whitley Stimpson.
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