Accessibility links

Nottingham & Sutton-in-Ashfield: 0115 940 2015 - Email enquiries@rumsby.com

Government publishes Finance Bill supporting documents

The government recently published draft legislation for Finance Bill 2025-26 for consultation.

23 Jul 2025

The government recently published draft legislation for Finance Bill 2025-26 for consultation.

The legislation includes an Inheritance Tax (IHT) overhaul; measures intended to refine and simplify the Making Tax Digital for Income Tax (MTD for IT) penalty reform regimes; change tax adviser regulation; and carried interest.

Most measures included in the draft Finance Bill comprise a tax information and impact note (TIIN), which sets out what the policy seeks to achieve, and a summary of the expected impacts; draft legislation; and an explanatory note which provides a more detailed guide to the legislation.

The consultation closes on 15 September 2025. The final contents of the next Finance Bill will be decided by Chancellor Rachel Reeves.

Testimonials

“We have worked with DK Rumsby & Co for over 10 years. They understand our business and objectives. They have supported us as a valued strategic adviser in preparing our business for acquisition – getting the best deal for our shareholders and the business.”

Tracy Doucet, Innov8

“DK Rumsby & Co provide us with a personal, professional service and they are always available when we need any help or advice. We can now plan our investments in the business.”

Peter Yorston, Transrap Packaging ltd

“We were looking for a change and felt that DK Rumsby & Co appeared very professional and helpful. They do their best to work for us, as a company, to advise and assist in ways to improve our practices and liabilities. As such we have tightened up on our overheads and taken on board suggestions regarding income that have helped our business. We would recommend them without question.”

Jean Tonks, Knowles

“Phil was a breath of fresh air compared to our former accountants. The team at Rumsby’s are easy to talk to, always welcoming and everything is done on time. They are very proactive and offer great accounting and business advice. We restructured our business shortly after engaging DK Rumsby over 10 years ago, following their great advice.”

Gareth Shaw, Welch the Florist Ltd

“DK Rumsby were recommended to us and after an initial meeting with Derrick we quickly realised that Rumsbys were very efficient, knew what they were talking about, proactive and did things properly. They do what they say, save you time and if there’s a problem they sort it out!”

Sam O’Regan, P&S Healthcare Ltd

Services for business

Minimise your taxes and relieve you of the administrative burden

Here at DK Rumsby, we provide businesses of various sizes and types with unique, tailored accounting and taxation services.

Learn more

Services for individuals

We have a large core of personal tax clients

DK Rumsby provide individuals with comprehensive accounting and taxation services.

Learn more

Specialist Services

We offer specialist advisory and support services to many businesses

Our highly-qualified team cater for businesses in a variety of specialist sectors and divisions.

Learn more