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Maldon office
01621 731900
info@pocknells.co.uk

South Woodham Ferrers office
01245 322808
info@pocknells.co.uk

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Details of the Spring Statement 2025. Our summary focuses on the key issues.

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Taxation

Latest News

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).

06 Jan 2026

MTD penalties waived for first year of Income Tax

Self assessment taxpayers due to join Making Tax Digital (MTD) for Income Tax next April will not face penalties if late filing quarterly updates.

06 Jan 2026

South Woodham Ferrers

info@pocknells.co.uk

Pocknells
Henry Brake House
46 Hullbridge Road
South Woodham Ferrers
Chelmsford
Essex
CM3 5NG

Maldon

info@pocknells.co.uk

Pocknells
The Old Police Station
West Square
Maldon
Essex
CM9 5AL

Companies registered to trade as Pocknells:

Pocknells LLP OC363133
Pocknells (South East) Ltd 13621680
Pocknells Audit Limited 11358064 - Registered to undertake Audit work within the UK by the Institute of Chartered Accountants in England and Wales.
Pocknells Group Limited 13621680
Hern Pocknells Limited 13902228

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