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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
Car Tax Update Sees a 400% Hike in Costs for Some
Since April 2025, HMRC has reclassified double cab pick-up trucks as cars rather than commercial vehicles. Previously, pick-ups with payloads over 1,000kg were taxed as
Cause for Cheer on Company Parties
Did you know that your business can benefit from a tax-free allowance if you host a celebratory event for your employees? If not, you may
Chancellor Considers a New Property Tax to Replace Stamp Duty
Chancellor Rachel Reeves is exploring a new proportional property tax targeting homes worth over £500k. This would replace stamp duty for owner-occupied homes, but not
Changes for Companies House Address Rules
Changes have taken effect regarding Companies House rules on the public register. As of 27 January, you can apply to hide your residential address from
Claims that the Chancellor’s U-Turns Cost £3bn of Headroom
Chancellor Rachel Reeves is reported to have already used up to £3bn of the £22bn fiscal headroom she set out in her November Budget. The
Corporation Tax on Capital Gains
Last updated: 14 October 2026 How are capital gains taxed in a limited company? A limited company does not pay capital gains tax. Its gains
December Key Tax Dates 2024
19th For employers operating PAYE, this is the deadline to send an Employer Payment Summary (EPS) to claim any reduction on what you’ll owe HMRC.
Do I Need to Register as a Sole Trader if I Earn Under £12,570?
Last updated: 14 October 2026 Do you need to register as a sole trader if you earn under £12,570? It depends on your gross income
Do Teenagers Pay Tax on Summer Job Earnings in the UK?
Q: My teenage child has a summer job this year. As they are under 18, do they need to worry about tax on what they earn?
Does Cohabiting Affect Inheritance Tax Compared to Marriage?
Last updated: 14 October 2026 Does cohabiting affect inheritance tax compared with marriage? Yes, a great deal. Married couples and civil partners can leave everything
Employer Bulletin August 2023 – an Error Corrected
On 16 August 2023, the bi-monthly Employer Bulletin was published by HMRC. Employers and agents recognise the importance of the information contained in this and frequently
Employment Allowance: Common Errors by Businesses Revealed
A list of the biggest mistakes and errors made by businesses when claiming Employment Allowance and reporting their Apprenticeship Levy has been revealed. As part
Excess Mileage Payments
Petrol and diesel pump prices are high, but the tax-free mileage rates (see table) payable to employees who use their own vehicles on business haven‘t
Extra Lump Sum Pension Contribution: Are There any Consequences?
I have four years left until my retirement, and from April this year, I’d like to pay a lump sum from my monthly salary into
February Key Dates 2026
1st Corporation Tax payments are due for companies with a year-end of 30th April 19th For employers operating PAYE, this is the deadline to send
February Key Tax Dates 2025
14th The deadline to claim a deferral of class 1 NIC for employees with more than one employment. 19th For employers operating PAYE, this is
Government Climbdown on Inheritance Tax for Family Firms
Chancellor Rachel Reeves recently reversed part of a planned inheritance tax change affecting family-owned businesses and farms. The threshold at which 20% inheritance tax applies
Government Rejects Call to Raise Pensioners’ Tax-Free Allowance
Last updated: 14 October 2026 Has the government agreed to raise the tax-free allowance for pensioners? No. The government has rejected calls for a separate,
Have You Discovered this Tax Relief?
Are you aware of Business Asset Disposal Relief (BADR)? You may not have heard of it before, but you probably are familiar with Capital Gains