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July 2026
According to the Chartered Institute of Taxation (CIOT), HMRC and the Department for Work and Pensions (DWP) are sending letters to certain taxpayers who became self-employed.
The recent announcement by the Chancellor of a temporary VAT rate cut to 5% for children’s meals, tickets and family attractions over the summer holiday period certainly captured the national news headlines.
This month’s developments are centred on two themes that are likely to remain high on the profession’s agenda for some time: changes to anti-money laundering regulation and the growing use of Artificial Intelligence (AI) across accounting, audit and corporate reporting.
June 2026
June’s tax highlights
Monthly Audit and Accountancy round‑up: Monitoring insights and new filing requirements on the horizon.