When do the higher rates of Income Tax apply
Once your income passes £100,000, your tax-free allowance starts to shrink. Between £100,000 and £125,140...
Who must send in a tax return
From self-employment to rental income, there are many reasons you may need to file a...
Tax rules for savings interest
You could earn up to £18,570 in tax-free savings interest in 2025-26, thanks to the...
BT Eyes Deeper Job Cuts as AI Reshapes Telecoms
BT has announced that it may exceed its previously stated target of cutting 40,000 jobs...
Effects of Rachel Reeves’ Spending Review
Chancellor Rachel Reeves delivered her first Spending Review to Parliament last week, setting out the...
Claim for a business journey in a private vehicle
Use your own vehicle for work? You could be entitled to a tax-free mileage allowance...
Private Residence Relief – when it applies
Selling your main residence? Private Residence Relief can exempt you from Capital Gains Tax. If...
Do not forget to claim the marriage allowance
If one partner in a marriage or civil partnership earns under £12,570, you could save...
Current IHT gift reliefs
Lifetime gifts can reduce Inheritance Tax, but survival for seven years and using key exemptions...
Business Asset Disposal Relief – forthcoming changes
The BADR Capital Gains Tax rate has risen to 14% from April 2025 and will...
New requirement – verifying ID at Companies House
Identity verification is now rolling out for directors, PSCs, and agents, with more filing roles...
When changing a company’s name absolves a daughter company of its obligations
The Court of Appeal addressed the complexities of benefit scheme amendments and the lines of...
Four critically important KPIs
Gross profit margin
This measures the profitability of your core operations by comparing gross profit (sales...
The value of tax planning for high net worth individuals
For high net worth individuals (HNWIs), tax planning is not simply a compliance activity, it...
Tax Diary July/August 2025
1 July 2025 - Due date for corporation tax due for the year ended 30...