News

30 January 2026 In this month’s Enews, we look at the government’s plans to regulate cryptocurrency, the news on the Inheritance Tax relief for farmers and businesses. We also report a big rise in use of the HMRC app, a warning on the impact that business rates increases will have on high street businesses and…

January 2026 In this month’s Enews, there is news on protection for bank deposits, the latest news on UK inflation and a warning on the risks of relying on advice from AI tools. We take a look at the readiness of sole traders for the next stage of Making tax Digital and the penalty regime….

Autumn Budget Summary 2025 Walker Thompson are pleased to send you a summary of measures proposed by the Chancellor Rachel Reeves in the Budget Statement delivered yesterday. It seems that we were beaten to it by someone in the OBR releasing the details half an hour before she stood up in the chamber. It is…

November 2025 In this month’s Enews, there is news on what people want to see from the Autumn Budget. There is a warning to the government over tax avoidance laws and on enforcement action on employers that fail to comply with the minimum wage. There is also the introduction of Vaping Products Duty next year,…

October 2025 In this month’s Enews, we look at the numbers of taxpayers that will need to report quarterly when Making Tax Digital (MTD) for Income Tax comes into force. There is also a scam warning for self assessment and details of a new fraud law.The Chancellor has announced the date for her Autumn Budget…

September 2025 In this month’s Enews, HMRC raises the alarm on Winter Fuel Allowance payments and we take a look at the Department for Work and Pensions’ (DWP’s) warning that future pensioners will be ‘worse off’. There are also warnings around the impact of personal guarantees, to self assessment taxpayers and landlords on the impact…

This month we are celebrating a milestone here at Walker Thompson. It is 40 years ago this month that the firm was created by Trevor Walker and Ray Thompson, supported by Sherod Williams. In 1985, it was extremely difficult to find professional office space in Coventry and we spent the first few weeks of existence…

July 2025 In this month’s Enews, we look at the CIOT’s call for the government to take a strategic approach to tax policy and the government’s Industrial Strategy. We also look at a warning to taxpayers with online HMRC accounts and the gap between the tax haul expected and that actually collected. There is also…

June 2025 In this month’s Enews, we look at HMRC’s changes to late and penalty interest rates and the record numbers filing self assessment in the first week of the new tax year. There is news on the unpreparedness of sole traders for MTD and HMRC’s child benefit reminder to parents of older teens to update…

May 2025 In this month’s Enews, we look at the new service launched by Companies House that allows individuals to verify their identity through GOV.UK and at the cost of tax red tape on small businesses. We also look at HMRC’s warning for those sole traders and landlords who will soon be required to use…