NEWS

Rachel Reeves delivered her highly anticipated Autumn 2025 Budget yesterday, 26th November. We have shared details of the points we think you need to know in our Budget Summary newsletter: Please read our summary here. We read and summarise the details so you don't have to! But if you are particularly interested, the full 150 page statement can be found here: Budget 2025 document - GOV.UK

There are some gorgeous, festive activities and events taking place in Skipton in the coming weeks. Take a look at the latest 'Welcome Skipton' newsletter to discover what's on... https://mailchi.mp/45f7e8f816c2/skipton-visitor-newsletter-november-2025?e=11526079c7

From 1 December 2025, the UK’s Financial Services Compensation Scheme (FSCS) deposit protection limit will increase from £85,000  to £120,000  per person, per authorised institution. What is the FSCS Protection limit? The FSCS protects eligible deposits held with UK-authorised banks, building societies and credit unions if the institution fails. What does the increase mean? This is a significant boost for savers who prefer to keep money in cash, but it doesn’t eliminate risk.

HMRC has now started writing to self-employed individuals and landlords who will be required to join Making Tax Digital (MTD) for Income Tax Self Assessment from April 2026. These are the first “mandation” letters confirming that the new digital reporting rules are approaching.   Who is receiving these letters? The first batch, issued in November 2025, is being sent to taxpayers whose gross self-employment and/or property income exceeded £50,000 on their 2024–25 tax return. T