New Rules for Filing Profit and Loss Accounts with Companies House
From April 2028, the way every UK company files its annual accounts changes, and for small and micro-entity companies, the change is bigger than it first looks.
From April 2028, the way every UK company files its annual accounts changes, and for small and micro-entity companies, the change is bigger than it first looks.
If your income is creeping above £100,000, you are almost certainly paying tax at a far higher rate than you think. On every pound between £100,000 and £125,140, the gradual withdrawal of your personal allowance creates an effective tax rate of 60%.
If you run your own limited company, the most valuable decision you make each year is how to pay yourself. And in 2026/27 the right answer has changed. Dividend tax rates rose on 6 April 2026, the ordinary rate from 8.75% to 10.75% and the upper rate from 33.75% to 35.75%.
Many landlords are paying more tax on their rental profits than they need to, simply because nobody has sat down and planned it. So what can you legally do to reduce the tax on your rental income in 2026/27, and what changes should you be preparing for now?
Few letters cause as much anxiety as a brown envelope opening an enquiry into your tax affairs. HMRC now uses sophisticated data analysis to decide who to look at, and investigations reach everyone from sole traders to large companies
From April 2026, the way you report rental and self-employed income to HMRC changes permanently. If your qualifying income from self-employment and property was more than £50,000, you are legally required to keep digital records and send HMRC a quarterly update through Making Tax Digital-compatible software.