What is the recent £150bn tech investment deal?
During the State Visit by President Trump, the UK secured a record-breaking £150 billion of...
What is the pension’s Money Purchase Annual Allowance?
The Money Purchase Annual Allowance (MPAA) is a pension rule designed to prevent individuals from...
What is the High Income Child Benefit Charge?
If your income exceeds £60,000 and you or your partner receive Child Benefit, you can...
What is the advance tax certainty service?
If your business is planning a major UK investment, HMRC’s new advance tax certainty service...
What is Support for Mortgage Interest?
SMI loans can help pay mortgage interest for those on benefits, but repayment is due...
What is an acceptable pensions income?
Determining an acceptable level of pension income for retirement depends on individual circumstances, including lifestyle...
What is a salary sacrifice?
A salary sacrifice scheme lets employees swap cash salary for non-cash benefits, saving tax and...
What is a FIG?
From 6 April 2025, non-doms face a major shift as the remittance basis is replaced...
What is a discretionary trust?
A trust is an obligation that binds a trustee, an individual or a company, to...
What is a demerger?
A demerger involves splitting the trading activities of a single company or group into two...
What insurance cover should a company consider?
Running a small business comes with plenty to juggle, and while insurance might not be...
What if your pension contributions are excessive?
You can claim tax relief on pension contributions up to 100% of earnings, but exceeding...
What if you no longer need to submit a tax return
You must tell HMRC if you no longer need to file a tax return. Whether...
What happens if you cannot pay your tax bill?
If you cannot pay your tax bill, it’s crucial to contact HMRC as soon as...
What factors affect a person’s credit rating?
A person’s credit rating (often referred to as a credit score) is a measure used...
What expenses can be claimed against rental income
Are you a landlord? Maximise your rental income by knowing which expenses you can claim...
What does EBITDA stand for?
EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortisation. It's a widely used financial...
What counts as working time for minimum wage purposes
Employers must ensure they are paying staff at least the National Minimum Wage (NMW) or...