MA & CO Accountants

Budget 2025: New High-Value Property Council Tax Surcharge Explained | MA & Co Accountants Budget 2025: The New High-Value Property Council Tax Surcharge What Property Owners and Landlords Need to Know About the £2 Million+ Threshold Published: 27 November 2025 | Updated following Budget 2025 Quick Summary From April 2028, owners of residential properties in England valued at £2 million or more will pay an annual High-Value Council Tax Surcharge (HVCTS) ranging from £2,500 to £75,000 , collected alongside standard council tax. This affects fewer than 1% of properties but has significant implications for luxury homeowners, landlords, and overseas investors. What Is the High-Value Council Tax Surcharge? Chancellor Rachel Reeves announced the High-Value Council Tax Surcharge in Budget 2025 as part of meas...

Budget 2025: What the Income Tax & NI Threshold Freeze Means for You Budget 2025: What the Income Tax & NI Threshold Freeze Means for You Chancellor Rachel Reeves announced in the November 2025 UK Budget that Income Tax and National Insurance thresholds will remain frozen for an additional three years, extending the freeze until April 2031. This decision will significantly impact take-home pay for millions of workers across the UK through a phenomenon known as "fiscal drag." What Has Changed? The Budget 2025 UK confirmed that key tax thresholds will remain at their current levels until April 2031: Personal Allowance: Frozen at £12,570 Higher Rate Threshold: Frozen at £50,270 Additional Rate Threshold: Frozen at £125,140 National Insurance Primary Threshold: Frozen at £12,570 National Insurance Upper Earnings Limit: Frozen at £50,270 These thresholds were originally frozen from 2021 to 2028. The HMRC updates 20...

Budget 2025: Higher Taxes for Landlords, Directors & Investors Explained | MA & Co Accountants Budget 2025: Higher Taxes for Landlords, Directors & Investors Explained Published: November 2025 | Budget 2025 UK Changes | HMRC Updates 2025 Expert tax guidance from MA & Co Accountants Key Takeaway: Chancellor Rachel Reeves announced significant tax increases in Budget 2025 affecting property income, dividend income, and savings interest. From April 2026 and April 2027, landlords, company directors, and investors will pay an additional 2 percentage points in tax on these income sources. 1. Overview of the Budget 2025 Tax Rise The Budget 2025 UK changes represent one of the most significant shifts in personal taxation in recent years. The government is increasing tax rates on three key income types to raise revenue wh...

Getting Ready for Rachel Reeves' Autumn Budget 2025: What UK Taxpayers Should Know Getting Ready for Rachel Reeves' Autumn Budget 2025 Date: 25 November 2025 Ahead of tomorrow's UK Budget, here's what taxpayers, landlords and small businesses should be thinking about. Tomorrow (Wednesday 26 November 2025), Chancellor Rachel Reeves will stand at the despatch box to deliver her second Autumn Budget. For millions of UK taxpayers, business owners and property investors, it's shaping up to be one of the most significant fiscal events in recent years. This article explains what the Budget is, summarises the economic pressures facing the Chancellor, highlights the areas where tax changes are most widely expected or rumoured, and gives practical steps you can take now to prepare. Important: Nothing in this article is confirmed policy. All information about potential changes ...

HMRC Tax Deadlines 2025–26: Complete SME Filing Guide 📅 Your Essential HMRC Filing Deadlines & Tax Reminders for SMEs 2025–26 Running an SME is exhilarating—and exhausting. Between managing staff, serving clients, and planning growth, tax deadlines are often the last thing on your mind. Yet missing just one can cost you hundreds, or even thousands, in penalties, late payment interest, and stress. This guide walks you through every critical filing deadline for SMEs in 2025–26, explains what triggers penalties, and shows you practical ways to stay on track without hiring a full accounting department. Understanding Your Tax Year & Key Dates 📆 The UK tax year runs from 6 April to 5 April each year. For 2025–26: Tax year start: 6 April 2025 Tax year end: 5 April 2026 Most filing deadline: 31 January 2027 Self-Assessment Deadlines: Key Dates You Cannot Miss ✅ Registration Deadline 5 October 2025 (if you need to file for t...