Making Tax Digital for Income Tax Self Assessment (MTD ITSA) will affect millions of sole traders and landlords. From April 2026, HMRC will require digital record-keeping and quarterly updates. Read about who needs to join, the key deadlines, and how to avoid costly penalties.
Angela Rayner’s recent Stamp Duty Land Tax issue has sparked headlines and debate. Here, we break down what happened, how the rules on second home surcharges work, and why trusts and shared ownership can complicate things.
Thinking about putting a car through your company? The tax benefits can be attractive – especially for new electric vehicles – but there are pitfalls to avoid. This article explains how company cars are taxed, what counts as a Benefit in Kind, and whether purchase or lease makes most sense for your business.
Most people pay tax through PAYE, but there are many situations where you’ll need to complete a self assessment return. Find out when it’s required, what to check, and how a tax adviser can help.
Selling a residential property doesn’t always mean paying Capital Gains Tax. Private Residence Relief (PRR) can reduce or even remove the liability. However, rules around occupation, letting, and absences can make things complex.
This comprehensive tax guide explains the key tax considerations, reliefs, and compliance requirements to help landlords and investors plan with confidence.
Thinking about letting your limited company fund a garden office? We break down the tax rules, VAT pros and cons, business rates, and Capital Gains Tax pitfalls so you can decide if it’s really worth it.
Thinking about letting your limited company fund a garden office? We break down the tax rules, VAT pros and cons, business rates, and Capital Gains Tax pitfalls so you can decide if it’s really worth it.
If you’re a limited company director working from home, you could be entitled to claim expenses for using your home as an office. From HMRC’s simple £26/month flat rate to a bespoke claim based on actual costs, this guide explains your options, the pitfalls to avoid, and how to stay compliant.
