Finance Act 2026
The session will cover the content of Finance Act 2026 in detail, focussing on areas of interest and concern to general practitioners advising client who are personal taxpayers or owners of businesses, whether incorporated or not. The detailed legislative changes, together with the advice relevant to those changes will be explained in depth.
Agent registration
Arising directly form the legislation in Finance Act 2026 is the new requirement for tax agents to register with HMRC if they wish to act for clients in a paid capacity. This part of the session will look at the broader context for this new system and explain what agents need to do and when, including HMRC’s guidance on this area.
Agent conduct
Also flowing from the Finance Act 2026, the changes to action HMRC can take regarding agent conduct which the tax authority has concerns about and related guidance will be explained.
Making Tax Digital
Making Tax Digital is probably the biggest practical change for income tax since the tax was invented. This session will guide you through late changes, new exemptions and all of the last-minute details you need to know about in order to be ready for the first quarterly updates in August 2026.
Closing the tax gap
This part of the session will look at the latest statistics on the tax gap and HMRC’s published proposals for change, given that this is one of HMRC’s strategic priorities for the next few years. Rebecca will discuss how the impact of this might be felt in the smaller accountancy practice.
Tax planning roundup
Any tax planning areas not covered in the other content will be highlighted and explained, with appropriate advice to clients identified for action.
