Skip to content

Category: <span>Folkes Worton Blog</span>

Dividends and the End of the Tax Year

Extracting Dividends from your company ahead of the April 2026 Tax Rise. If you are a shareholder, from 6 April 2026, the tax you pay on dividends is increasing, as follows: Basic rate moves from 8.75% to 10.75% Higher rate moves from 33.75% to 35.75% Additional rate remains at 39.35%…

Read more →

Is Your Business Ready for 2026/27?

With 6 April 2026, ushering in the start of the new tax year, there are some changes on the way that may affect how you run and plan for your business. To help you stay ahead, we have highlighted three key updates worth having on your radar. Making Tax Digital…

Read more →

Employers: Are You Ready for a New Tax Year?

The end of the 2025/26 tax year will soon be here, which means a few additional tasks to carry out on your payroll, if you run one. If you run a payroll, you will need to report information on the tax year that is ending to HM Revenue and Customs…

Read more →

Striking Off vs Winding Up

What’s the Difference for Your Company? The Insolvency Service has reported on an investigation it made into a company that was serving as a front to enable unlicensed insolvency activities previously carried out by another firm. The investigation resulted in the Insolvency Service winding up the company in the public…

Read more →

Boost in Grants for Installing EV Chargers

The government has announced an over 40% increase in charge point grant amounts that will mean businesses, landlords and renters could save up to £500 on installing an electric vehicle (EV) charge point. Previously, the grant provided a discount of £350. The uplift could cover almost half the typical installation…

Read more →

Tax Update March 2026

The Spring Forecast During a week dominated by news of the Middle East conflict, on 3 March 2026, Chancellor Rachel Reeves presented the Spring Forecast to Parliament. The Chancellor told MPs she had “restored economic stability” as she presented the Office for Budget Responsibility’s (OBR’s) economic forecasts. The Chancellor focused…

Read more →

Personal Tax Changes Coming in April 2026

With just a few weeks to go until the beginning of a new tax year, a new round of tax changes take effect from April 2026. While many people won’t see a big difference in their day-to-day tax position, there are some areas worth having on the radar. Here is…

Read more →

HMRC Moves to GOV.UK One Login for New Users

HM Revenue & Customs has started using GOV.UK One Login for taxpayers signing up to its digital services for the first time. This means that if you do not already have a Government Gateway account, you will now register using an email-and-password login rather than needing to obtain a 10-12…

Read more →

Salary Sacrifice

Tax Efficient Options for Employers and Employees With costs rising, many employers and employees are looking for practical ways to reduce outgoings without cutting benefits. Salary sacrifice can be an excellent tool to do this, but many businesses overlook it. In short, salary sacrifice lets an employee give up part…

Read more →

Business Rates Valuation Checks

Deadline Approaching for Business Rates Valuation Checks Enterprises that pay business rates are being encouraged to check their current property valuation and make sure the details held by the Valuation Office Agency (VOA) are correct. If you believe your valuation is wrong, you have until 31 March 2026 to request…

Read more →