Many directors assume that operating through a limited company means they are fully protected from personal liability. In most cases, this is true because a limited company is treated as […]

For many owner-managed businesses, it can be tempting to use company funds to pay for a child’s school or university fees, particularly when the company has extra cash available. However, […]

When purchasing residential property in the UK, Stamp Duty Land Tax (SDLT) normally applies based on the purchase price. However, additional rules apply if the buyer already owns more than […]

The furnished holiday lettings (FHL) tax regime officially ended on 6 April 2025. While this change removed the need to count days for specific tax benefits, holiday let owners must […]

From April 2026, many businesses across England and Wales are likely to see changes to their business rates bills. These changes are mainly due to the latest property revaluation and […]

Introduction From 6 April 2026, Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA) will change how many sole traders and landlords report their income to HMRC. If your […]

Introduction Trading conditions aren’t always predictable, and sometimes sole traders end up making a loss instead of a profit. The good news is that trading losses can often be used […]

Introduction Employees often pay for certain work-related costs while carrying out their job duties. These costs may later be claimed back through the employer’s expense reimbursement process. However, it’s important […]

As the 2025/26 tax year ends on 5 April 2026, it’s a good time to review any assets you may be planning to sell. If you expect to make a […]

Introduction: Why More Directors Are Considering Disincorporation A few years ago, running a business through a limited company was often seen as the best route for saving tax. However, over […]

Selling online through platforms like eBay, Vinted, Etsy, Depop, Amazon Marketplace, or Facebook Marketplace has become extremely common in the UK. Some people sell casually to clear out unwanted items, […]

For many employees, having a company car feels like a clear sign of seniority and recognition. Although the car itself is taxed as a benefit, the tax cost is often […]