Articles

Sole Traders: What are my tax obligations?

As a sole trader, it is important that you understand your tax obligations and when you need to pay them because failing to do so can have serious consequences. Your...
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Corporation Tax: What you need to know

Corporation Tax is a type of business tax that certain companies are required to pay. Companies are charged Corporation Tax on their taxable profits from activities such as selling goods...
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How will businesses be impacted by inflation staying at the same rate?

The UK’s inflation rate remained at 3.8 per cent for a second consecutive month, meaning costs have stayed at a similar level. However, while inflation has remained unmoved, it is...
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The Chancellor confirms the Government will review the Small Business Rates Relief

Changes to the Small Business Rates Relief (SBRR) could arrive in the future with Chancellor Rachel Reeves reviewing the current regulations to ensure small businesses can expand their services and...
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Pension tax relief claims: What has HMRC changed?

HM Revenue and Customs (HMRC) has announced that all pay-as-you-earn (PAYE) pension tax relief claims must be made online or by post with supporting evidence submitted alongside. Having come into...
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Pension pot withdrawals rise by 60 per cent as people fear an Inheritance Tax bill

In the last 12 months, there has been a 60 per cent rise in pension pot withdrawals. In total, over £18 billion in cash sums have been withdrawn by concerned...
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Preparation is key as Rachel Reeves announces official Autumn Budget date

Wednesday, 26 November 2025, has been confirmed as the day the Chancellor Rachel Reeves will announce her Autumn Budget. After months of speculation, the Chancellor’s plans will be unveiled, with...
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Facing a £41.2 billion black hole: Will the Chancellor stick to Labour’s tax pledge?

As the country watches and waits for the Autumn Budget, all eyes are on Chancellor Rachel Reeves and exactly what she announces about taxes in the UK. Financial experts are...
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Rising energy costs hitting families and businesses: Can I plan for further changes?

Energy regulator Ofgem has confirmed energy costs will increase by two per cent. The new cost cap will take affect from October and last for the rest of 2025.  The...
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Making Income Tax Digital: Will the new laws impact you?

HMRC has been working hard to modernise the current tax system to ensure it is functioning efficiently and effectively. A big part of that is the Making Tax Digital (MTD)...
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