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There are three main tax changes for Businesses in 2026. For self-employed with incomes over £50,000 it is now mandatory to make quarterly summaries to HMRC using Making Tax Digital Compatible Software Capital Allowance has been cut from 18% to 14% for plant & machinery. But there is 40% for the new first year allowance available for the main rate assets. Business Assets Disposal Relief has increased from 14% to 18%