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Tax Rates Guide 2025/26

The GWA 2025/26 tax card is available. It summarises many of the rates and allowances fundamental to our business and personal lives. We are sure that you will find it a useful point of reference throughout the coming tax year.

Our tax card contains lots of information on personal, business, employment, property and capital taxes across England, Scotland and Wales, including key recent changes:

  • personal allowances and tax bands
  • changes to pension allowances
  • Stamp Duty and Land & Buildings Transaction Taxes
  • Capital Gains Tax (CGT) cuts
  • annual dividend allowance cuts
  • changes to capital allowances and the Annual Investment Allowance (AIA).

Our tax card is intended for use as a quick point of reference. Should you require any further information, have a simple question or require detailed advice, we are only a phone call away.

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News and Events

Staff & Community News

At GWA, we are always proud to support and engage with the vibrant communities across Berwick-upon-Tweed, North Northumberland, and the Scottish Borders. These past few months have been no exception, with our team actively involved in a wide range of local events and initiatives.

MGTS Qualis Funds – Performance Update

The MGTS Qualis Funds entered 2026 with strong momentum following an impressive 2025. A defining theme across both portfolios has been disciplined diversification, with performance driven by a broad range of uncorrelated positions rather than dependence on any single macroeconomic call.

Budget Overview for both the UK and Scotland

Chancellor Rachel Reeves’ second Labour Budget was delivered in late November 2025 amid lots of speculation as to possible tax changes and given the backdrop of the significant changes made in the previous year.

Making Tax Digital for Income Tax

As we move into spring and edge closer to April 2026, the upcoming changes under Making Tax Digital for Income Tax are becoming increasingly important for individuals with trading or property income.