Advanta Chartered Accountants

07/05/2026

Welcome to our monthly newswire designed to keep you informed of the latest business and tax issues. Please contact us if you have any questions. Remember, we're here to help.

Countdown to taxation of benefits-in-kind via the payroll underway
There is less than a year to go before all employers must tax benefits-in-kind via the payroll, the Chartered Institute of Taxation has warned.

UK government to review mileage rates
The government has confirmed it will review approved mileage rates for business users ahead of a future Budget.

UK businesses should apply now for Va**ng Products Duty
Va**ng-related businesses and supply chains need to register now for Va**ng Products Duty (VPD) and the Va**ng Duty Stamps (VDS) Scheme, says HMRC.

Government unveils crackdown on late payments
Small businesses to be backed by new, stronger measures to tackle late payments, the government has announced.

New procurement rules offer SMEs hope
The government's new procurement rules that target opportunities for smaller businesses offer hope to SMEs, according to the British Chambers of Commerce (BCC).

Pensioners urged to be alert to Winter Fuel Payment scams
HMRC is warning pensioners to be on high alert for scams as the recovery of Winter Fuel Payments begins this month.

Higher energy prices could leave typical British households £480 worse off this year
Higher energy prices due to the conflict in the Middle East are set to make the median working-age British household £480 worse off this year, according to the Resolution Foundation.

Latest guidance for employers
HMRC has published the latest issue of the Employer Bulletin.

Visit our website to view the full stories.

17/04/2026

Now Hiring!

10/04/2026

Welcome to our monthly newswire designed to keep you informed of the latest business and tax issues. Please contact us if you have any questions. Remember, we're here to help.

HMRC investigations doubles additional tax from large businesses
HMRC's large business directorate has doubled the amount of tax revenue it collects, according to the National Audit Office (NAO).

HMRC takes £137 million in late payment interest
HMRC has taken in over £137 million from late payment interest so far for 2023/24, a freedom of information request from investment platform AJ Bell shows.

Hundreds of employers handed penalties for illegally underpaying workers
Almost 400 employers from across the UK have been named for failing to pay the minimum wage to tens of thousands of workers, says the government.

Grant boost for installing EV chargers for households and businesses
Renters, flat owners, homeowners without driveways and businesses will be able to save up to £500 when installing electric vehicle (EV) charge points, the government has announced.

Government unveils package of youth employment initiatives
The government has unveiled a youth employment drive that aims to create 200,000 jobs for young people and reform apprenticeships.

New tax year brings contentious changes
The start of the new tax year on 6 April 2026 brings contentious changes with it, warns the Chartered Institute of Taxation (CIOT).

HMRC website seeks to close tax knowledge gaps
HMRC has launched a new 'Tax Confident' website which it says will help people fill their tax knowledge gaps.

01/04/2026

A message from Advanta:

Advanta, a Chartered Accountants based in Eastbourne since 2005, is proud to announce the launch of our new brand.

As we celebrate our 21st anniversary, this refreshed identity, including a new logo and updated website reflects who we are today and where we are heading.

We’re excited for this next chapter and look forward to continuing to support our clients for many years to come.

For more information, please visit our updated website at www.advanta-ca.com.

When viewing the website, you may need to refresh your web browser to clear the old cache.

About Advanta:

Advanta was originally the Eastbourne office of Ashdown Hurrey established in 1982. The Eastbourne office demerged from Ashdown Hurrey in 2005 and today we continue to build on our enviable reputation for providing excellent advice and first class service to our business and personal clients alike.

26/03/2026

06/03/2026

Welcome to our monthly newswire designed to keep you informed of the latest business and tax issues. Please contact us if you have any questions. Remember, we're here to help.

Chancellor says plan is right despite uncertain backdrop to Spring Forecast Statement
Chancellor Rachel Reeves insisted she has the 'right economic plan' for the UK in her Spring Forecast Statement announcement.

One million miss self assessment deadline
An estimated one million taxpayers missed the self assessment deadline for the 2024/25 tax year, according to HMRC.

Getting tax affairs back on track if self assessment deadline was missed
The number of people using the HMRC app to pay their self assessment tax bill has increased by 65% this tax year, according to the tax authority.

Making Tax Digital for Income Tax biggest tax change since self assessment
The introduction of Making Tax Digital for Income Tax this April will be the biggest change to the UK's tax system since self assessment, says the Low Incomes Tax Reform Group .

Major UK banks agree lending package aimed at SMEs
Five major UK banks have agreed a £11 billion lending package aimed at SMEs to support small business growth, the government has announced.

Government urged to scrap 'unfair holiday tax'
Over 200 hospitality and leisure CEOs have urged the government to scrap plans for a Visitor Levy in England.

Advisory fuel rates for company cars
New company car advisory fuel rates have been published and took effect from 1 March 2026.

Latest guidance for employers
HMRC has published the latest issue of the Employer Bulletin.

Visit our website to view the full stories.

09/02/2026

Now that the 31st January Self Assessment deadline has passed we thought we’d jump on the trend!

06/02/2026

Welcome to our monthly newswire designed to keep you informed of the latest business and tax issues. Please contact us if you have any questions. Remember, we're here to help.

Pubs get 15% business rates relief
Pubs and live music venues in England will be given a 15% discount on their business rates bills from April and will not see increases for two years, the government announced.

Tax timebomb poses existential threat to high streets, government warned
Small businesses such as cafes, shops and hairdressers are facing three years of business rates misery with an average 52% hike in bills, analysis from the Federation of Small Businesses (FSB) has revealed.

Self assessment payments via the HMRC app up 65%
The number of people using the HMRC app to pay their self assessment tax bill has increased by 65% this tax year, according to the tax authority.

UK Treasury to regulate cryptocurrency under new legislation
The UK will bring cryptocurrencies, including Bitcoin, into a regulatory framework with legislation due by 2027.

UK lenders agree £11 billion SME package
Five major UK banks have agreed a £11 billion lending package aimed at SMEs to support small business growth, the government has announced.

Over 4,800 self assessment scams reported
More than 4,800 self assessment scams have been reported since February 2025, according to data released by HMRC.

UK inflation will fall in 2026
The UK can expect to see big falls in the rate of inflation this year, according to the Resolution Foundation.

Government must ramp up its growth strategy, says think tank
Despite falling behind its peers the UK economy could be on the brink of a turnaround so the government must ramp up rather than run-down its growth strategy, says the Resolution Foundation.

Visit our website to view the full stories.

28/01/2026

Due to the busy Self Assessment season, we’ve had to bring in extra help.

Please welcome Bruno, our newest member of the team. 🐶

Bruno is currently:

✔ Studying for his exams
✔ Shadowing senior staff
✔ Specialising in morale boosting
✔ Accepting payment in biscuits

While Bruno won’t be signing off your tax return just yet, he will be ensuring:

• A calm office environment
• Excellent client listening skills
• Zero judgement (unlike HMRC)

Rest assured, all work is still reviewed by fully qualified humans, Bruno is strictly in training… for now.

If you’re still chasing your tax return before the deadline, get in touch.
We promise Bruno won’t chew the paperwork. Probably.

07/01/2026

Welcome to our monthly newswire designed to keep you informed of the latest business and tax issues. Please contact us if you have any questions. Remember, we're here to help.

Inheritance Tax reliefs threshold to rise to £2.5 million for farmers and businesses
The level of the Agricultural Property Relief (APR) and Business Property Relief (BPR) thresholds will be increased from £1 million to £2.5 million, the government has announced.

E-invoicing will be fundamental change for VAT-registered businesses
The mandatory introduction of e-invoicing for all VAT-registered businesses selling to UK business customers from April 2029 will be a fundamental change, says the Chartered Institute of Taxation (CIOT).

MTD penalties waived for first year of Income Tax
Self assessment taxpayers due to join Making Tax Digital (MTD) for Income Tax next April will not face penalties if late filing quarterly updates.

Salary sacrifice changes will impact over three million employees
The removal of full tax-free salary sacrifice on pensions with a new £2,000 limit will hit over three million employees at 290,000 companies, according to government figures.

Spring Statement set for 3 March 2026
The Spring Statement has been scheduled for 3 March 2026 by the Chancellor of the Exchequer Rachel Reeves.

£725 million UK apprenticeship overhaul targets youth unemployment
A £725 million package of skills reforms to the apprenticeship system with the aim of helping to tackle youth unemployment and drive economic growth, has been announced by the UK government.

HMRC offers time to help pay self assessment tax bills
HMRC is offering self assessment taxpayers a reminder that help is available to manage their tax bill.

Latest guidance for employers
HMRC has published the latest issue of the Employer Bulletin.

Visit our website to view the full stories.

08/12/2025

Welcome to our monthly newswire designed to keep you informed of the latest business and tax issues. Please contact us if you have any questions. Remember, we're here to help.

Chancellor raises £26 billion in Autumn Budget
Chancellor of the Exchequer Rachel Reeves set out tax-raising measures worth up to £26 billion in the Autumn Budget.

Christmas crafters urged to check tax rules
HMRC is urging those making money from Christmas crafts, seasonal market stalls, or selling festive items to check if they need to report their earnings.

CIOT calls for implementation of IHT transitional gifting rule
The Chartered Institute of Taxation (CIOT) has urged the government to implement a transitional rule to allow older farmers and other business owners to gift assets to the younger generation.

Self-employed overcounted for decades by official data
Official statistics have overstated the size of the UK's self-employed population for two decades, according to the Institute for Fiscal Studies (IFS).

Bank deposit protection limit to be increased to £120,000
UK bank customers will benefit from an increase to the maximum amount they would be reimbursed for if their bank were to fail.

UK could fall behind in net zero race, BCC warns
The British Chambers of Commerce (BCC) has warned that the UK could fall behind in the race to achieve net zero.

AI will shrink headcount as hiring confidence remains at record low
One in six employers expect AI to shrink their workforce over the next year, with junior roles most at risk.

Advisory fuel rates for company cars
New company car advisory fuel rates have been published and took effect from 1 December 2025.

Visit our website to view the full stories.