Selling online and paying tax
Selling online? Whether it’s a hobby or a business, you may need to pay tax...
Selling a second property?
CGT on certain UK residential property sales often has a strict 60-day reporting and payment...
Self-employment cannot be used as a tax smokescreen for contracted employees
A complex celebrity case arose recently in which the First-tier Tax Tribunal (FTT) was asked...
Self-Employed National Insurance Contributions
Self-employed individuals earning £12,570 or more annually must pay Class 4 National Insurance Contributions (NICs)...
Self-employed must report profits on tax year basis
Big changes are here for the self-employed! From 2024-25, profits must align with the tax...
Self-assessment scam warning
Scammers are on the rise as the Self-Assessment deadline nears! HMRC warns that HMRC never...
Scottish Budget Statement 2025-26
Scotland’s 2024 Budget delivers on public priorities with investments in services, poverty reduction, and economic...
Saving to pay tax
For many individuals and business owners, paying tax is one of the largest regular financial...
Saving tax using the Marriage Allowance
If one partner earns under £12,570, you could transfer part of their unused personal allowance...
Save up to £2,000 a year on childcare costs
Is your child starting school this September? Tax-Free Childcare could save you up to £2,000...
Rules to protect effects of debanking
Banks must now give 90 days’ notice before closing accounts, giving customers more time to...
Rolling over capital gains
Business Asset Rollover Relief allows you to defer Capital Gains Tax (CGT) when reinvesting proceeds...
Rolling Over Capital Gains
Business Asset Rollover Relief, allows taxpayers to defer Capital Gains Tax (CGT) on gains arising...
Roll-out of new digital markets regime
The UK's Competition and Markets Authority (CMA) has initiated its new digital markets competition regime...
Risks of engaging employees as sham contractors
Recently, a clear legal precedent confirmed that the nature of an individual's work is determined...
Reviewing insurance cover
Many businesses arrange insurance in the early days and then only look at it again...
Reversal of requirement to report more detailed employee hours paid
The government has scrapped plans for detailed PAYE reporting of employee hours from April 2026...
Requesting evidence of earnings
If you're self-employed, lenders may require an SA302 and tax year overview as proof of...