Tax Tips & News

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26/02/2026

March Tax Tips & News

Welcome to the The Richards Sandy Partnership Tax Tips & News monthly newsletter, bringing you the latest news to keep you one step ahead of the taxman.

If you need further assistance just let us know or send us a question for our Question and Answer Section.

We’re committed to ensuring none of our clients pay a penny more in tax than is necessary and they receive useful tax and business advice and support throughout the year.

Please contact us for advice on your own specific circumstances. We’re here to help!

HMRC issues Making Tax Digital reminder to workers
From 6 April 2026, self-employed workers and landlords earning over £50,000 in gross income will need to keep digital tax records throughout the year Read More...
 
HMRC issuing pensioners with new tax codes for winter fuel repayments
Some state pensioners will receive updated PAYE tax codes. This is to recover winter fuel payments from those whose total income exceeded £35,000 in the 2025-26 tax year. Read More...
 
High earners actively avoiding crossing the £100k income threshold
According to the Chartered Management Institute, 43% of managers say they or their employees have taken steps to keep income below £100k. Read More...
 
HMRC is increasing tax investigations
HMRC is intensifying checks on individuals and small businesses. Many investigations begin because of avoidable mistakes that trigger automated red flags. Read More...
 
March Questions and Answers
Are Premium Bonds a tax efficient way of saving? Read More...
 
March Key Dates
1st: Corporation Tax payments are due for companies with a year-end of 30th May Read More...
 
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The Richards Sandy Partnership Accountants are based in Worcester, offering local business owners and individuals a wide range of services.

Visit our website www.richards-sandy.com for more information.

 

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