Articles
New dividend rules to impact owner-managed businesses in April
New tax reporting obligations are on the way, and they will affect hundreds of thousands of directors across the UK. If you are a director of a close company or...
Making Tax Digital expands – and so do the penalties for getting it wrong
The Spring Statement quietly introduced some major tax changes that could catch many self-employed individuals, landlords, and small business owners off guard, especially those not keeping a close eye on...
Spring Statement summary 2025
Chancellor Rachel Reeves today delivered her Spring Statement, outlining the Labour Government’s economic priorities and reaffirming a commitment to fiscal discipline and long-term investment. Billed as the start of a...
Inheritance Tax reforms for non-doms – UK to switch to residence-based regime from April 2025
Non-domiciled individuals (non-doms) with international asset portfolios will soon be impacted by some major changes to their Inheritance Tax (IHT) obligations. As of 6 April 2025, IHT no longer be...
Capital Gains Tax crackdown – Are you prepared for HMRC’s growing scrutiny?
Over the past year, HM Revenue & Customs (HMRC) has been tightening the net around Capital Gains Tax (CGT), with compliance activity surging at an unprecedented rate. In fact, the...
Neonatal care leave – What employers need to know before April 2025
A new statutory entitlement is arriving in April 2025 – neonatal care leave and pay. Introduced under the Neonatal Care (Leave and Pay) Act 2023, this measure is designed to...
Income Tax reporting threshold set to rise – what it means for side hustlers
In a move that simplifies tax compliance and eases the burden on thousands of taxpayers, the Government has announced that the Income Tax Self-Assessment (ITSA) reporting threshold will increase from...
Time is running out for electric vehicle owners – Secure one more year of tax-free driving before the rules change
From 1 April 2025, electric vehicle (EV) owners will have to start paying road tax for the first time. If you drive an EV, you could soon be paying up...
Family Investment Companies – A tax-efficient way to protect and pass on wealth
With changes to Capital Gains Tax (CGT), Business Asset Disposal Relief (BADR), and Inheritance Tax (IHT) announced in the October Budget, many individuals and business owners are re-evaluating how they...
MTD for Income Tax – Preparing for the next phase of digital reporting
From April 2026, HM Revenue & Customs (HMRC) is rolling out Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA). If you are a sole trader, landlord, or self-employed professional...
