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“Time for a Wealth Tax”, Say the Rich.
The 2025 Sunday Times Rich List reveals that a small group of 350 families control £772 billion in wealth – enough to fund the UK’s
A Million Taxpayers Miss Filing Deadline
Last updated: 14 October 2026 What happens if you miss the Self Assessment filing deadline? Around a million people miss the 31 January online filing
A new ’10p tax’ suggested to the Chancellor… by a billionaire
Last updated: 16 October 2026 What is the fuel duty rate in 2026? Fuel duty on petrol and diesel is 52.95p per litre until 31
April Key Tax Dates 2025
5th Current tax year (2024/25) ends. That means it’s the final opportunity to use up any tax allowances or reliefs for that year, such as
Are Service Charges Included with Ground Rents on a Landlord Tax Return?
Last updated: 14 October 2026 How do you report service charges on a landlord tax return? If you let a leasehold flat, the service charges
As a owner/director of an SME, what is the most tax efficient way for me to pay myself?
Last updated: 19 October 2026 What is the most tax-efficient way to pay yourself as a company director in 2026/27? For most single-director companies, the
August Key Tax Dates 2025
1st Corporation Tax payments are due for companies with a year-end of 31st October. 19th For employers operating PAYE, this is the deadline to send
Autumn Budget 2024
Introduction Significant changes to Employers’ National Insurance Contributions, Capital Gains Tax and Inheritance Tax were among the headline announcements in today’s Budget. It was clear
Billions Paid into Cash ISAs
UK savers deposited a record £14 billion into cash ISAs in April 2024, the highest monthly figure since ISAs were introduced in 1999. The surge
Bumper IHT Receipts Set to be New Record High
Last updated: 16 October 2026 Why are inheritance tax receipts at record highs? Inheritance tax receipts keep rising because the main thresholds have been frozen
Can Capital Gains Be Rolled Over to Purchase a Buy-to-let Property?
Last updated: 14 October 2026 Can you use rollover relief when switching from a furnished holiday let to a buy-to-let? Not any more for new
Can Gifting My Home to the Children Reduce Inheritance Tax?
Last updated: 14 October 2026 Can gifting your home to your children reduce inheritance tax? It can, but only if you move out or pay
Can I Avoid Inheritance Tax by Gifting Money Early?
Last updated: 14 October 2026 Can you avoid inheritance tax by gifting money early? Often, yes. Gifts of money to individuals are free of inheritance
Can I Claim Tax Relief on a Discount Given to a Charity?
Last updated: 14 October 2026 Can you get tax relief for giving charities a discount on your services? Not as a donation. If you give
Can I Claim the Costs Incurred for Demolishing an Outbuilding?
Last updated: 14 October 2026 Can you claim the cost of demolishing an outbuilding on a buy-to-let? Usually not against rental income. Demolishing an outbuilding
Can I Pay PAYE Less Often to Ease Cash Flow?
Last updated: 14 October 2026 Can small businesses pay PAYE quarterly? Yes. If you expect your average monthly payments to HMRC for PAYE, NIC, student
Can I Still Claim Home Working Tax Relief After Covid?
Q:I claimed the home working entitlement during the Covid 19 pandemic. I still work from home now – should I still be claiming this tax
Can My Business Requalify as a Small Company in 2025?
Q: We run a business with a turnover of around £12.5 million for the last couple of years. Under the current rules, we’ve been classed as
Can You Rent to Family Members Under the Rent-a-Room Relief Scheme?
Last updated: 14 October 2026 Can you use the Rent a Room scheme for a family member? Yes. Rent a Room relief lets you receive
Capital Gains: Investors’ Relief Limit Cut Among Changes Revealed
One of the headline areas of tax reform in the Autumn Budget surrounded Capital Gains Tax. With rates altered by the Chancellor, it was one