30/Jan/2026Capital Allowances 2026: 40% First-Year Allowance and WDA Changes Explained
40% First-Year Allowance and WDA Reduction from 2026: What Businesses Need to Know From 2026, major changes to UK capital allowances will impact how businesses claim tax relief on plant […]
28/Jan/2026The £100,000 Tax Trap: Why Earning More Could Leave You Worse Off
Understanding the £100,000 Tax Trap in the UK Earning £100,000 or more is often seen as a sign of career success. However, in the UK tax system, crossing this threshold […]
23/Jan/2026How the New Savings Tax and ISA Rules Will Affect UK Savers from 2027
Introduction: What the Budget Means for Savers The Chancellor’s latest Budget has delivered disappointing news for UK savers. From 6 April 2027, tax on savings income will increase, and the […]
21/Jan/2026Dividend Tax Increase 2026: What It Means for Owner-Managed and Family Companies
In the Autumn Budget delivered on 26 November 2025, the Chancellor confirmed an increase in dividend tax rates, effective from 6 April 2026. This change will directly affect director-shareholders of […]
19/Jan/2026Living on a Cruise Ship: Do You Still Pay UK Income Tax?
More people are choosing an unconventional lifestyle by living full-time on cruise ships. Some sell or rent out their homes and spend the year travelling across oceans, enjoying prepared meals, […]
15/Jan/2026Cash Basis vs Accrual Accounting: Which Should Your UK Business Use?
Should Your Business Use the Cash Basis for Tax? For many UK unincorporated businesses, the cash basis is now the default method for calculating taxable profits. Under this approach, income […]
13/Jan/2026The Future of Invoices and Receipts: Why Businesses Must Go Digital
The Decline of Paper Receipts It has become increasingly common for shops and restaurants to ask customers, “Do you want a receipt?” Saying no may feel like an environmentally friendly […]
08/Jan/2026Dividend Tax Rise 2026: What It Means for Property Company Owners
Introduction Property companies are often seen as a tax-efficient structure for landlords. While upcoming property tax increases will not affect incorporated landlords directly, changes to dividend tax rates from April […]
06/Jan/2026Changes to Property Tax Rates – What Landlords Need to Know
Overview of the Upcoming Changes Unincorporated landlords currently pay income tax on the profits generated from their rental properties at standard income tax rates. However, this system is set to […]
29/Dec/2025How to Correct VAT Return Errors: HMRC Rules, Methods, and Time Limits
Errors in VAT returns can happen, but it’s important to correct them properly and on time. HMRC has updated the process, and businesses now need to follow specific methods when […]
22/Dec/2025Christmas Party Tax Exemption in the UK: How Employers Can Use the £150 Annual Allowance
Many businesses organise a social gathering for employees during the festive season. This could be a traditional Christmas party or dinner, or something a little different such as a cocktail […]
18/Dec/2025Why Some UK Earners Face a 60% Tax Rate – and How to Reduce It
Understanding the Hidden 60% Tax Rate On the surface, the UK income tax system appears simple, with three main tax bands: basic rate (20%), higher rate (40%), and additional rate […]
Proud to be featured in
150
