Compared to previous years however, the 2026/27 tax year appears exceptionally unusual, involving systemic adjustments to sick pay, the taxation methods for benefits, and even the collection mechanisms for pensions and income tax. What exactly will happen? And how should one prepare for the future starting now?

In the UK, whether you are employed or run your own company, PAYE (Pay As You Earn) is crucial and relevant to everyone. If you employ staff, you must register as an employer and comply with the PAYE rules described below.

Recently, the Department for Work and Pensions (DWP) issued a new statement announcing that, due to a historic state pension error, over 130,000 individuals have received a total of approximately £800 million in backdated state pension payments.

100,000 HMRC accounts hit as scammers steal £47m in phishing attack; Winter fuel payments to be reinstated this year; First-time buyers typically borrowing for 31 years