Let’s be honest tracking every business trip or saving petrol receipts isn’t the most exciting part of being self-employed. But when it comes to reducing
When an employee works from home, they may incur additional costs as a result, such as higher gas and electricity bills. The tax system offers
Staying on top of tax deadlines is essential for individuals, sole traders, and businesses across the UK. Missing key dates set by HM Revenue and
The new UK tax year starting 6 April 2026 introduces a number of important personal tax changes. While there are no major headline rate increases,
From 6 April 2026, major reforms to Statutory Sick Pay (SSP) come into effect across the UK. These changes are designed to make sick pay
Car allowance is a common benefit offered by employers across the UK. However, without a clear understanding of how it is taxed and how to
As announced at the time of the 2025 Autumn Budget, the ordinary and upper dividend tax rates are increased by two percentage points from 6
The UK government, through HM Revenue & Customs, introduced Making Tax Digital (MTD) to modernise the tax system. The goal is simple: make tax administration
The joint online filing system provided by HM Revenue and Customs and Companies House will officially close on 31 March 2026. This change marks a
From 6 April 2026, the 100% rate of agricultural property relief (APR) and business property relief (BPR) is only available on the first £2.5m of
If you earn income outside your regular employment in the UK, such as from self-employment, property, or other sources, you may need to report it
State pension entitlement depends on a person having sufficient qualifying years, which in turn depends on them having paid or been treated as having paid
As the end of the 2025/26 tax year approaches, it is a good idea to undertake a financial review and assess whether there is any
If you’re searching “offshore disclosure penalties UK”, it’s important to understand that the potential costs can be significant. The HM Revenue & Customs (HMRC) has
Property development can be highly profitable but it is also one of the most scrutinised sectors by HMRC. Many developers underestimate how differently tax rules
The short answer is yes — influencers in the UK must pay tax on their earnings. Whether you earn through Instagram sponsorships, YouTube ads, TikTok
If you pay professional membership fees to carry out your job, you may be entitled to claim tax relief in the UK. Many employees overlook
In difficult trading conditions, a sole trader may realise a loss rather than a profit. Where this is the case, it is important that the
Employees often incur expenses in doing their job and they may be able to claim these back from their employer through the expenses system. Where
It is reasonable to assume that if a person pays too much tax, HMRC will automatically send the overpayment back to them. Unfortunately, this is
