Peak District Accountants

12/08/2026

More than 436,000 sole traders and landlords have successfully submitted their first Making Tax Digital for Income Tax quarterly update.

From September 2026, HMRC will begin signing up customers who should be using MTD for the 2026 to 2027 tax year but have not yet done so, helping them meet their requirements. This will happen in stages over the coming months.

https://www.gov.uk/government/news/436000-sole-traders-and-landlords-make-their-tax-digital

03/07/2026

HMRC seeks to reduce instances of late payment of VAT and PAYE via mandatory direct debit

https://www.accountingweb.co.uk/tax/hmrc-policy/hmrc-eyes-mandatory-direct-debit-for-vat-and-paye?cm-uuid=[uuid,fallback=]&utm_source=AccountingWEB&utm_campaign=f4cd2900d8-EMAIL_CAMPAIGN_2026_03_03_09_09_COPY_01&utm_medium=email&utm_term=0_-fe4f15b69d-435613947

12/06/2026

Either a late night for the staff or their excitement for P11Ds is lacking.

2026/27 will be the end of the P11D process as we have known it. From April 2027, the reporting process for BiKs and expenses will be through the Full Payment Submission (FPS). This is the same process employers currently use to report salary and other employee details to HMRC when payments are made to employees.

The FPS will be used to report the taxable value of BiKs and expenses so that both Income Tax and Class 1A NICs can be reported in real-time.

09/06/2026

https://www.accountingweb.co.uk/tax/hmrc-policy/close-company-taxation-the-aggressive-new-regime?cm-uuid=[uuid,fallback=]&utm_source=AccountingWEB&utm_campaign=597b8d432d-EMAIL_CAMPAIGN_2026_04_27_07_05_COPY_01&utm_medium=email&utm_term=0_-e1841cbe5a-435613947

26/05/2026

https://www.accountingweb.co.uk/tax/business-tax/is-electric-car-taxation-a-one-way-street?cm-uuid=[uuid,fallback=]&utm_source=AccountingWEB&utm_campaign=dd569e58c4-EMAIL_CAMPAIGN_2026_04_27_07_05_COPY_01&utm_medium=email&utm_term=0_-e1841cbe5a-435613947

21/05/2026

The chancellor has raised the tax-free mileage rate that workers using their own car for business can claim.

The approved mileage allowance payment (AMAP) will go up from 45p per mile to 55p per mile, backdated to April 2026.

The rate hadn’t previously changed since 2011.

Speaking in parliament today Rachel Reeves said:

“I can today announce a 10p per mile increase in tax free mileage rates, backdated to April 2026; benefiting those who need to drive for work, from care workers to plumbers.”

15/05/2026

https://www.accountingweb.co.uk/community/blogs/jonathanathow/mtd-why-quarterly-updates-matter-and-the-timing-works?cm-uuid=[uuid,fallback=]&utm_source=AccountingWEB&utm_campaign=5bf641c86a-EMAIL_CAMPAIGN_2026_03_03_09_09_COPY_01&utm_medium=email&utm_term=0_-fe4f15b69d-435613947

26/03/2026

Do you have employees? If so, are you ready for the changes to UK employment law?

The Employment Rights Act 2025, formerly known as the Employment Rights Bill, was first proposed and introduced to Parliament in October 2024. The Bill, designed to modernise UK employment laws and enhance worker protections, intended to amend zero-hours contracts and the two-year threshold to quali...

05/02/2026

https://www.accountingweb.co.uk/tax/hmrc-policy/get-to-grips-with-the-new-mtd-penalties-now?cm-uuid=b2692456-b5a7-4c68-b264-57e04a73a333&utm_medium=email&utm_campaign=AWUKTHU050226&utm_content=AWUKTHU050226+CID_2adbe8e636089e59b5d73894a70906e9&utm_source=internal_cm&utm_term=Read%20more

The introduction of Making Tax Digital for income tax (MTD IT) from April 2026 brings with it completely new penalty regimes for late filing and late

28/01/2026

https://www.accountingweb.co.uk/business/financial-reporting/pl-filing-shake-up-for-small-companies-put-on-ice?cm-uuid=b2692456-b5a7-4c68-b264-57e04a73a333&utm_medium=email&utm_campaign=AWUK_BREAKER_280128&utm_content=AWUK_BREAKER_280128+CID_5690e3626016ca460a8b4d80a07bf55f&utm_source=internal_cm&utm_term=Read%20more

The expected timeline for small companies and micro entities to file their profit and loss (P&L) accounts with Companies House has been paused following