Selling online and taxes: tech companies now report your income to HMRC
Loading...
Selling online and taxes: tech companies now report your income to HMRC
Posted by Mark Ingle on April 18, 2025

The relationship between selling online and taxes is likely to become more transparent as tech giants are told to share your income data.

Income Tax trap to snare 17.9 million people by 2027
Loading...
Income Tax trap to snare 17.9 million people by 2027
Posted by Jon Pryse-Jones on April 17, 2025

Recently, HMRC announced plans that would mean over 200,000 people with side hustles won’t have to complete Self-Assessment Tax Returns. Unfortunately, any administrative gains by the end of this parliament will be more than obliterated by an extra 17.9 million Britons who will fall into the Income Tax trap. Income tax trap statistics The huge

Life insurance and Inheritance Tax – what you need to know
Loading...
Life insurance and Inheritance Tax – what you need to know
Posted by Ben Locker on April 15, 2025

Life insurance and Inheritance Tax don’t always mix: an insurance payout could push your estate into IHT. So how you can stop this happening?

Furnished holiday let tax warning
Loading...
Furnished holiday let tax warning
Posted by Jon Pryse-Jones on April 14, 2025

If you jointly own a rental property with a spouse or civil partner, you may want to take heed of this furnished holiday let tax warning.

Second home: Can I avoid paying CGT?
Loading...
Second home: Can I avoid paying CGT?
Posted by Karen Jones on April 7, 2025

If you have a second home, can you avoid paying CGT when you sell? The answer to this one is, no. But with expert help, you may be able to lower your final CGT bill.

Tax changes for 2025/26: what you need to know
Loading...
Tax changes for 2025/26: what you need to know
Posted by Ben Locker on April 7, 2025

In this post, we look at the most important tax changes that have come into force for the 2025/26 tax year.

Emergency tax on pension withdrawals – how to claim it back
Loading...
Emergency tax on pension withdrawals – how to claim it back
Posted by Jon Pryse-Jones on March 31, 2025

The amount of emergency tax paid on pension withdrawals since 2015 is now over £1bn. We explain how this tax works and how you can reclaim it

IHT business relief: could you cut your Inheritance Tax bill?
Loading...
IHT business relief: could you cut your Inheritance Tax bill?
Posted by Ian Henman on March 28, 2025

Do you own a business? If so, you may be able to use IHT business relief to cut – or even eliminate – your Inheritance Tax bill.

Double cab pick-up tax rules change – again
Loading...
Double cab pick-up tax rules change – again
Posted by Mark Ingle on March 24, 2025

In the Autumn Budget, the government again changed the double cab pick-up tax rules, making these vehicles more expensive for businesses.

What are chattels, and how does CGT apply to them?
Loading...
What are chattels, and how does CGT apply to them?
Posted by Ben Locker on March 21, 2025

Did you know you may have to pay CGT on chattels? But what are chattels? And what are the tax rules that apply when you sell them?

Join The Conversation
ICAEW
Cyber Essentials Plus certification
Green Mark certification
Sunday Times Best Places to Work 2024 - Small Organisation
Sign up for our Newsletter