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24/01/2026

February Tax Tips & News

Welcome to Sephton’s monthly newsletter. Here, you’ll find all our latest tax tips as well as the news that’s affecting our clients. If you scroll down the page, you’ll see you have access to the complete archive too. We’re committed to making sure our clients receive useful advice and support throughout the year.

If you need further assistance though, please get in touch using the details on the ‘contact’ page. We’re happy to help.

Government climbdown on inheritance tax for family firms

Chancellor Rachel Reeves recently reversed part of a planned inheritance tax change affecting family-owned businesses and farms. Read More...

Government rejects call to raise pensioners' tax-free allowance

A petition asked the Government to create a new tax code for people over state pension age and raise their personal allowance to £25,140. Read More...

Surge in Cash ISA Deposits

Savers rushed to deposit money into cash ISAs in October, driven by speculation that the annual allowance might be cut. £4.2 bn was added in October - a 75% increase from September's £2.4 bn.< Read More...

Claims that the Chancellor's U-turns cost £3bn of headroom

Chancellor Rachel Reeves is reported to have already used up to £3bn of the £22bn fiscal headroom she set out in her November Budget. The spending is linked to a series of U-turns and concessions made since the Budget was announced. Read More...

February Questions and Answers

Q: I’m close to going over the capital gains tax limit. How can I avoid a bill? Read More...

February Key Dates

1st: Corporation Tax payments are due for companies with a year-end of 30th April Read More...

About Us

Sephton Accountants are based in West Midlands, offering local business owners and individuals a wide range of services.

All clients are entitled to fixed fees, work delivered on time and unlimited phone support. Visit our website sephton.co.uk for more information.

Marston House 5 Elmdon Lane Marston Green Solihull B37 7DL

Sephton is a trading name of Sephton & Company LLP