NIC advantages of part-time workers
Employers looking to take on new staff may wish to consider employing two or more part-time workers rather than one full-time worker. This can save
July 13, 2023
Tax Cliff
The £100,000 cliff edge
All things being equal, receiving a pay rise which takes your income over £100,000 would be seen as a cause for celebration. However, all things
January 11, 2026
Individual Savings Accounts
Changes to ISAs and the savings tax rate on the horizon
During the Chancellor’s Budget speech, savers received the unwelcome news that the rate of tax on savings income is to increase and the cash ISA
January 7, 2026
Hike in dividend tax rate
What the hike in the dividend tax rate means for personal and family companies
In her tax-raising Budget on 26 November 2025, the Chancellor announced that the dividend ordinary rate and the dividend upper rate are to rise by
January 5, 2026
Finance & Accounting>IR35
IR35 Explained What UK Contractors Need to Know?
If you’re a contractor working through a limited company in the UK, understanding IR35 is essential. IR35 advice affect how you’re taxed and whether HMRC
January 4, 2026
Tax Implications for Landlords
What Are the Tax Implications for Landlords in UK?
Letting property in the UK can generate long-term income, but landlord taxation has become increasingly complex. HMRC expects landlords to correctly declare income, claim only
January 2, 2026
Capital Gains Tax
How to Reduce or Avoid Capital Gains Tax on Second Homes in Uk?
If you sell a second home in the UK such as a buy-to-let property, holiday home, or inherited property you may have to pay Capital
December 26, 2025
Tax Relief
Can you claim tax relief for making good damage by tenants?
Unfortunately, tenants (and their pets) may cause damage to a rental property. Where this is the case, the landlord may be left to repair the
December 17, 2025
Self Assessment Tax Returns
What to Expect If Your Self Assessment Is Submitted Late?
Submitting a Self Assessment tax return late can result in automatic penalties, interest, and increased scrutiny from HMRC. Whether you are self-employed, a landlord, a
December 16, 2025
Accountant for freelancers
How to Find the Best Accountant for Freelancers Near You?
Freelancing offers freedom, flexibility, and the chance to work on your own terms. But when it comes to managing taxes, bookkeeping, and HMRC rules, things
December 11, 2025
VAT on Commercial Property
How to Avoid Paying VAT on Commercial Property in the UK?
VAT can add a significant cost to buying or renting commercial property in the UK. A 20% VAT charge on a £600,000 property adds an
December 10, 2025
Tax Percentage
When the real tax percentage is 60%
At first glance, the UK’s income tax rates seem straightforward, comprising the basic, higher and additional rate bands (currently 20%, 40% and 45% in England,
December 9, 2025
Making Tax Digital
Are you exempt from MTD for ITSA?
Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) is mandatory from 6 April 2026 for self-employed traders and landlords whose combined gross
December 8, 2025
hmrc advisory fuel rates
Using the advisory fuel rates
HMRC publish fuel-only rates which are only of relevance where an employee has a company car. The rates, which are updated quarterly, can only be
December 4, 2025
Tax bill
Spreading tax payments if you can’t pay your tax bill
Should any taxpayer find they are struggling to pay their tax bills by the usual deadlines, there are official ways to spread the payments. How
December 3, 2025
Christmas parties and gifts
Utilising the tax exemption for Christmas parties
Many employers have a social event for employees around the Christmas period. This may take the form of a Christmas party or dinner or another
December 2, 2025
Tax code
Why Has My Tax Code Dropped From 1250L to 1185L?
If your tax code has unexpectedly changed from 1250L to 1185L, you may be confused especially because both codes relate to older tax years. So
November 29, 2025
Company Tax Return
Filing Your Limited Company Tax Return Without the Stress?
Filing a Limited Company Tax Return (CT600) is one of the most important responsibilities for any UK company director. Whether you’re running a new startup,
November 24, 2025
Public Limited Company
What Is a Public Limited Company in the UK? Benefits and Drawbacks
A Public Limited Company (PLC) is one of the most recognisable business structures in the UK. These companies are allowed to offer shares to the
November 19, 2025
Submit a VAT Return
The Complete Guide to Submitting a VAT Return in the UK?
Submitting a VAT return is one of the core compliance duties for VAT-registered UK businesses. Yet for many business owners, the process remains unclear especially
November 18, 2025
Construction Industry Scheme
CIS deductions Applying the correct percentage
The Construction Industry Scheme (CIS) is a tax deduction scheme requiring contractors to deduct tax from payments made to subcontractors working in the construction industry.
November 18, 2025