2nd October 2025
As of April 2025, directors of close companies and self-employed taxpayers face new mandatory reporting requirements on their Self-Assessment returns. Up to…
2nd October 2025
Many people rely on state benefits, but it is not always obvious which payments are taxable and which are tax-free. HMRC’s guidance…
25th September 2025
Homeowners can earn up to £7,500 tax-free under the rent-a-room scheme, with simple reporting and flexible tax options. This set of special…
25th September 2025
Paper tax returns are due 31 October 2025, and new registrants must notify HMRC by 5 October 2025. Act early to avoid…
25th September 2025
The standard tax treatment for couples living together, whether married or in a civil partnership, is that income from jointly held property…
18th September 2025
Speculation is growing that rates or allowances applied to dividend income may change in the next Budget. The current tax rates for…
11th September 2025
Thinking of gifting income to a spouse or partner? HMRC’s settlements rules may still tax it as your own. The settlements legislation…
4th September 2025
From 2024, platforms like eBay, Vinted and Airbnb must report seller data to HMRC, so check your tax responsibilities. If you sell…
4th September 2025
The letters in your tax code indicate whether you are entitled to the annual tax-free personal allowance. These codes are updated each…
28th August 2025
Income Tax applies to earnings, pensions, savings, dividends and more, with different bands across the UK nations. Individuals can be liable to…