Amin & Co Accountants Manchester

From Winter 2025 , the Government will expand the eligibility criteria for Winter Fuel Payments  in England, Wales, and Northern Ireland , and for the Pension Age Winter Heating Payment  in Scotland — meaning more pensioners  will qualify for this seasonal support. However, from April 2026 , new tax rules will apply to higher-income pensioners. Key Change: Recovery Through the Tax System If an individual’s total annual income exceeds £35,000 , HMRC will recover the full valu

At Amin & Co Accountants , we want to ensure all our clients make informed and compliant tax decisions . HMRC has launched the ‘Don’t Get Caught Out’  campaign to help contractors and agency workers identify and avoid tax avoidance schemes — and to support those who may already be caught up in one. 💡 Key Resources for Contractors and Freelancers: Online Guides:  Learn how to spot the warning signs  of tax avoidance and understand how legitimate umbrella companies  operate.

The tax return for the 2024–25 tax year  is now due to file . You still have time to submit it online by 31st January 2026 . However, it’s always a good idea not to wait until the deadline  — completing your tax return early helps you avoid stress, identify any tax savings opportunities, and manage payments efficiently. Please remember:⚠️  Failure to file your return or pay any tax owed by the deadline will result in an automatic £100 penalty. For quick and expert advice , co