HMRC has announced a significant shift in how it communicates with taxpayers. From Spring 2026, letters and reminders will no longer be issued automatically by post to individuals or businesses that...
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Wheelers Words – Autumn Budget 2025
Chancellor of the Exchequer Rachel Reeves set out tax-raising measures worth up to £26 billion in the Autumn Budget on 26 November 2025. The increases will be achieved through a range of measures,...
Wheelers Words: Inheritance Tax (“IHT”) – Post Consultation Announcements
Further to consultations launched earlier in the year in respect of the proposed changes to Agricultural Property Relief (“APR”), Business Property Relief (“BPR”), and Pensions as announced in the...
2025/2026 Tax Card
Our tax cards for 2025/2026 are available to view below: 2025/2026 Tax Card (pdf) If you would like a hard copy sent out to you in the post, email Charlotte at charlotte.davies@wheelers.co.uk to...
Wheelers Words – Spring Statement 2025
The Spring Statement 2025 Chancellor of the Exchequer, Rachel Reeves, held the Spring Statement on Wednesday 26 March 2025. In the run up to the event, the Chancellor stated that she ‘remains...
Wheelers Words – Beware of HMRC scam calls and stay vigilant
We want to make our customers aware of a rise in scam calls from individuals pretending to be from HMRC. These fraudsters often attempt to pressure people into providing personal or financial...
Autumn Budget 2024 – Tax Raid on Pensions
As many of you will have seen or heard from last week’s Budget, the Chancellor will now bring the vast majority of pension schemes within the scope of Inheritance Tax from April 2027. This measure...
Autumn Budget 2024 – Implications for Agricultural and Business Property Relief
Many of you will have already seen our Wheelers Words which highlights, as an overview, the changes announced in yesterday’s Budget. However, the impact for businesses, and in particular the...
Wheelers Words – Autumn Budget 2024
Chancellor Rachel Reeves delivered her Budget on Wednesday 30 October 2024. She pledged to ‘invest, invest, invest’ to drive growth and ‘restore economic stability’. Billions in tax rises Ms Reeves...