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01/03/2026 |
March Tax Tips & News
Welcome to the Stephen Hill Mid Kent Tax Tips & News monthly newsletter, bringing you the latest news to keep you one step ahead of the taxman. If you need further assistance just let us know or send us a question for our Question and Answer Section. We’re committed to ensuring none of our clients pay a penny more in tax than is necessary and they receive useful tax and business advice and support throughout the year. Please contact us for advice on your own specific circumstances. We’re here to help!
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| HMRC issues Making Tax Digital reminder to workers |
| From 6 April 2026, self-employed workers and landlords earning over £50,000 in gross income will need to keep digital tax records throughout the year Read More... |
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| HMRC issuing pensioners with new tax codes for winter fuel repayments |
| Some state pensioners will receive updated PAYE tax codes. This is to recover winter fuel payments from those whose total income exceeded £35,000 in the 2025-26 tax year. Read More... |
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| High earners actively avoiding crossing the £100k income threshold |
| According to the Chartered Management Institute, 43% of managers say they or their employees have taken steps to keep income below £100k. Read More... |
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| HMRC is increasing tax investigations |
| HMRC is intensifying checks on individuals and small businesses. Many investigations begin because of avoidable mistakes that trigger automated red flags. Read More... |
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| March Questions and Answers |
| Are Premium Bonds a tax efficient way of saving? Read More... |
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| March Key Dates |
| 1st: Corporation Tax payments are due for companies with a year-end of 30th May Read More... |
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| About Us |
Stephen Hill Mid Kent are a firm of chartered accountants with offices in Maidstone, New Romney and Dymchurch, offering local business owners and individuals a wide range of both general and specialist accountancy services and advice. We pride ourselves on being more than just accountants. Visit our website stephenhillmidkent.co.uk for more information.
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Copyright © 2026 Stephen Hill Mid Kent. All rights reserved.
31-33 Albion Place
Maidstone
Kent
ME14 5DZ
Stephen Hill Mid Kent is a trading name of Stephen Hill Mid Kent Ltd
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