
This Month's Tax Tips and News
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September 2025
- A new '10p tax' suggested to the Chancellor... by a billionaire
John Caudwell, billionaire and Phones 4u founder, has urged Chancellor Rachel Reeves to introduce a 10p per litre tax on petrol and diesel. ...
- Revealed - UK's biggest deliberate tax defaulters
HMRC has named over 4,000 deliberate tax defaulters since 2015, collectively owing more than £1.5 billion. These individuals or firms were penalised for deliberate errors in tax returns or...
- Chancellor considers a new property tax to replace stamp duty
Chancellor Rachel Reeves is exploring a new proportional property tax targeting homes worth over £500k. This would replace stamp duty for owner-occupied homes, but not for second homes. The tax...
- Car tax update sees a 400% hike in costs for some
Since April 2025, HMRC has reclassified double cab pick-up trucks as cars rather than commercial vehicles. Previously, pick-ups with payloads over 1,000kg were taxed as commercial vehicles, allowing...
- September Questions and Answers
Q: My teenage child has a summer job this year. As they are under 18, do they need to worry about tax on what they earn?...
- September Key Dates
1st: Corporation Tax payments are due for companies with a year-end of 30th November....
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