Watson Knipe Blog

This article provides a concise overview of the Autumn Budget 2025 changes affecting capital taxes, highlighting a clear shift towards tightening reliefs while maintaining stability in core thresholds. It covers key updates to Capital Gains Tax, including changes to reliefs for business owners and employee ownership structures, alongside reforms to carried interest and incorporation relief.

Here we summarise the Autumn Budget 2025 measures affecting UK businesses, setting out a broadly stable Corporation Tax landscape alongside targeted reforms designed to support investment and growth. It covers the confirmation of Corporation Tax rates, changes to capital allowances and writing down allowances, and the introduction of new first-year reliefs to encourage capital expenditure.

This article outlines the key Autumn Budget 2025 measures that employers need to be aware of, focusing on employment taxes, pay obligations, and workforce benefits. It covers National Insurance contribution rates and thresholds, the continuation of employer reliefs, increases to the National Living Wage and National Minimum Wage, and changes to the taxation of company cars and vans.

This article summarises the Autumn Budget 2025 measures affecting personal tax, with a continued emphasis on frozen thresholds alongside targeted rate changes that will gradually increase the tax burden for many individuals. It outlines the ongoing freeze to Income Tax and National Insurance bands, updates to allowances, and changes to the taxation of savings, dividends, and property income from 2026 and 2027 onwards.

We have many years of experience working with landlords and property investors. We have developed the skills and knowledge needed to increase their portfolios. To support our clients further, we work in partnership with trusted advisors and have created the Property Hub, a one-stop shop offering advice to existing and potential property businesses in the East Midlands and nationwide.

Chancellor of the Exchequer Rachel Reeves set out tax-raising measures worth up to £26 billion in the Autumn Budget on 26 November 2025. The increases will be achieved through a range of measures, including extending the freeze on Income Tax thresholds for a further three years.

For many self-employed businesses and landlords, the run-up to Christmas is already a demanding period. Client deadlines, project completion, tenant management, and year-end operational pressures all compete for time and attention. Adding a last-minute tax return into the mix often creates unnecessary strain. Submitting your tax return early is a simple step that brings structure, reduces risk and supports more confident financial planning.

For landlords and property investors, the structure of your property ownership can significantly impact tax, liability, and long-term returns. Increasingly, investors are opting to purchase and manage property through a Special Purpose Vehicle (SPV), a limited liability company established specifically for holding property assets.

We work with many clients who live or work abroad but still have tax obligations in the UK. The rules can be complex, and it’s easy to miss key details, especially when your home, work and family life span more than one country.

Our Expatriate Taxation Service helps clients navigate these rules, stay compliant, and plan effectively for their future.

As we head towards the end of the year, many small business owners start to think about their tax return. This can result in a significant amount of paperwork and pressure as they try to gather everything together to submit to their accountant.

We wanted to write this article to help you reduce stress and improve your bottom line by considering a year-round tax planning approach.

From April 2026, HMRC will start rolling out Making Tax Digital (MTD) for Income Tax. Landlords with income above £50,000 will be required to keep digital records and file quarterly updates, with those earning over £30,000 joining in 2027. This shift is mandatory, so it makes sense to prepare early.

In March 2025, the Chancellor unveiled proposals that shift the burden of administering the High-Income Child Benefit Charge (HICBC). For many households, these changes will simplify the route to compliance, but they also bring new choices and risks. HMRC’s online service for paying the high-income child benefit charge went live in September 2025.

For general practitioners, specialist consultants and dentists, running a practice is as much about financial management as it is about patient care. You're experts in your field, but navigating taxation, pensions, cash flow, and regulatory requirements is rarely straightforward.

From 6 April 2026, the way landlords report their income to HMRC is set to undergo significant changes. The UK Government's Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA) initiative will require many landlords to switch from filing annual tax returns to submitting quarterly digital returns.

Making Tax Digital (MTD) is transforming the way businesses report their finances to HMRC. Designed to make tax administration more effective, efficient, and easier for taxpayers, MTD requires businesses to maintain digital records and submit quarterly updates using compatible software.

Managing payroll is one of the most critical yet complex tasks for any business. Whether you're a sole trader, a Limited Company, or a Partnership with employees, payroll is not just about paying staff.

HMRC has announced a significant step forward in its drive to modernise the UK tax system with the launch of a new online PAYE service.

Having worked with landlords and property investors for many years, a frequently asked question is 'should I operate as an SPV or not'.  So, we wrote this article to help you understand whether this is a good option for you.

We have written this article summarising what company directors need to know about the new Economic Crime and Corporate Transparency Act.

For many, tax returns are something to be dealt with ‘later’, a task pushed to the edge of the January deadline. But more people are choosing to file theirs earlier in the tax year. In fact, HMRC recently reported that nearly 300,000 people submitted their 2024 to 2025 return in the first week after 6 April 2025 – HMRC article.

As of June 15, 2025, a major overhaul of the Energy Performance Certificate (EPC) system took effect. The new methodology, known as RdSAP 10, marks the most significant change in over a decade to how domestic energy efficiency is assessed. For landlords and property investors, this is not just an administrative update; it is a strategic shift with direct implications for compliance, costs, and property value.