As well as a mechanism for collecting revenue, the tax system is also used to encourage certain behaviours and discourage others. One example where this
Are Electric Cars Still A Tax-Efficient Benefit? Read More »
The month of August belongs to the tax year 2024, what came into force is known as getting registered as an overseas entity with companies
Register as an Overseas Entity with Company House Read More »
Entitlement to the state pension and certain contributory benefits depends on an individual having paid, or been credited with, sufficient National Insurance contributions. To qualify
Should I Pay Class 2 NIC Voluntarily? Read More »
The trading allowance enables an individual to earn up to £1,000 from self-employment, the provision of casual services (such as gardening or babysitting) or from
Can you Benefit from the Trading Allowance? Read More »
The VAT default surcharge is being replaced with a new VAT penalty and interest regime. The new rules apply to VAT accounting periods beginning on
VAT Penalties – New Rules Read More »
Last updated: 18 October 2026 One of the increasingly common things in the UK is known to be the loss of tax evasion. Whether it
How Much is Lost to Tax Evasion in the UK? Read More »
The dividend allowance is available in addition to the personal allowance. It allows all taxpayers regardless of the rate at which they pay tax to
Reduction in the Dividend Allowance Read More »
A gain on the sale of an investment property, such as a buy-to-let or second home, will be liable to capital gains tax to the
Time Sale to Take Advantage of Higher Annual Exempt Amount Read More »
Many landlords purchase their investment properties with the aid of a mortgage. In the current climate of rising interest rates, landlords may be wondering whether
Mortgage Interest and Tax Relief Read More »
Several people enquire about child tax credits in shared custody in the UK. Arranging an explanation to such queries often becomes complicated because only one
Who Gets Child Tax Credits in Shared Custody? Read More »
