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December 2025

Welcome to Our Latest Newsletter

As with previous years we are donating money to charity rather than sending Christmas cards.

This year we are supporting The League of Friends of the Newton Abbot Hospitals. Please note that our offices will close at 12.30pm on Wednesday 24 December 2025 and reopen at 9am on Friday 2 January 2026. We wish you a very Merry Christmas and a prosperous New Year from all at Peplows.

As recently announced, we have merged with Wilson Partners. We are really excited about what this means for the future and the opportunities it will bring for our clients, contacts and our people. Thank you for your continued trust in us – we look forward to continuing to support you.

Below is our last round-up of the tax and business news from 2025. Please contact us if you want to talk about how these updates affect you or your business. We are here to support you!

Budget 2025: What Businesses Can Take from the OBR’s Verdict on Growth

Self Assessment Deadline Approaching - Are You Ready?

Have You Received a Letter from HMRC About Making Tax Digital?

Self-Assessment: A Reminder That You Can Spread Your Tax Payments

HMRC Reminds Seasonal Sellers to Check Tax Obligations

Dividend Tax Rates Rising in April 2026: What Does It Mean for Profit Extraction?

Directors’ Report Requirement to Be Removed

Changes in Funding to Apprenticeships

Employment Rights Bill: Key Updates on Unfair Dismissal and Worker Protections

2026 Business Rates Revaluation Completed

National Minimum Wage Increases Confirmed

HMRC Fixes SA302 Issue Affecting Class 2 National Insurance for 2024/25

High-Value Council Tax Surcharge: Next Steps

CMA Look to Launch a Study on Private Dental Care

FSCS Deposit Protection Limit Increased to £120,000 from December

Digital Assets Become Recognised Property

Should You Use a Password Manager?

Renters’ Rights Act: Three-stage implementation plan announced

Seafood Industry Urged to Prepare for New EU Traceability Rules

Free Food Safety Resources to Help with the Festive Rush

Charity Trustees Gain New Powers for Moral Payments

Latest News

06 Jan 2026

Inheritance Tax reliefs threshold to rise to £2.5 million for farmers and businesses

The level of the Agricultural Property Relief (APR) and Business Property Relief (BPR) thresholds will be increased from £1 million to £2.5 million, the government has announced.

06 Jan 2026

E-invoicing will be fundamental change for VAT-registered businesses

The mandatory introduction of e-invoicing for all VAT-registered businesses selling to UK business customers from April 2029 will be a fundamental change, says the Chartered Institute of Taxation (CIOT).