Is your extra income taxable?
HMRC has launched a new "Help for Hustlers" campaign to help people who are earning...
Is Income Tax morphing into a stealth tax?
It is rumoured that the Chancellor will delay any increase in the Income Tax higher...
Is income from hobbies taxable?
Not every money-making hobby counts as a business for tax purposes. Knowing when a hobby...
Investing in new equipment for your business?
Making a significant investment in new equipment can be a transformative step for a business...
Interactive online tool for tax compliance check
HMRC’s new Q&A tool guides you through each step of a compliance check.
The free interactive...
Inheriting spouse’s State Pension
If your spouse or civil partner has passed away, you may inherit part of their...
Inheritance Tax thresholds and the RNRB
Inheritance Tax nil-rate bands remain frozen until April 2030. Learn how this affects estates, the...
Inheritance Tax and CGT relief for national heritage assets
Certain buildings, land, works of art, and other objects of national significance may be exempt...
Increase in the London congestion charge from January 2026
The daily charge for driving within the London Congestion Charge zone will rise from £15...
Increase in savings guarantee for bank deposits
The Financial Services Compensation Scheme (FSCS) has raised its savings guarantee for bank deposits, increasing...
Income reporting threshold increased
The £3,000 reporting threshold for trading, property, and other income will simplify tax returns—300,000 people...
Improve cash flow with smarter invoicing habits
Why cash flow matters
Profit is important, but cash pays wages, suppliers and loan repayments. Even...
IHT Unused Pension Funds and Death Benefits changes
It was confirmed with the publication of the draft Finance Bill 2025-26 that measures first...
IHT treatment of unused pension funds and death benefits
The 2027 reforms will shift more responsibility to personal representatives, who may need to manage...
IHT nil rate band reduction for large estates
Married couples and civil partners may be able to pass on up to £1 million...
IHT exemption – normal expenditure out of income
Make regular gifts from your income and avoid inheritance tax. If structured properly, surplus income...
IHT Agricultural and Business Property Relief changes confirmed
Despite intense lobbying by the farming community, the proposed reduction in IHT Business and Agricultural...
How working capital is funded
Working capital refers to the day-to-day funds a business uses to manage its operations. It...