admin | SA Ledgers Ltd

What is the Annual Investment Allowance?

by admin | Apr 23, 2026 | Capital allowances

The Annual Investment Allowance (AIA) is a valuable tax relief that allows businesses to deduct the full cost of qualifying plant and machinery from their taxable profits. This means that, instead of claiming relief over several years, businesses can often obtain 100%...

Filing your 2025-26 self-assessment tax return

by admin | Apr 23, 2026 | Income Tax

The 2025–26 tax year ended on 5 April 2026, and attention now turns to filing your self-assessment tax return. While many leave this until the last minute, there are advantages to filing early. There are two ways to file your return. You can submit a paper...

When is CGT payable on gains during 2026-27

by admin | Apr 23, 2026 | Capital Gains Tax

For most capital gains realised in the 2026–27 tax year, Capital Gains Tax (CGT) is reported and paid by 31 January 2028 via the self-assessment system. This applies to gains on assets such as shares, investments and commercial property. However, UK residential...

Pay back private fuel costs and avoid tax charge

by admin | Apr 23, 2026 | Employee Benefits

Employees who receive fuel from their employer for private use in a company car can avoid paying the car fuel benefit charge by reimbursing the full cost of the private fuel. This process, known as "making good," requires the employee to repay the employer...

Beware Winter Fuel Payment scams

by admin | Apr 23, 2026 | General

Pensioners are being urged to stay vigilant for any Winter Fuel Payment scams. HMRC is starting to recover Winter Fuel Payments issued for winter 2025 from those earning over £35,000 a year. While the process will affect nearly two million people, most will see...