If you live abroad and sell your UK home, you may have to pay Capital Gains Tax (CGT) on any gain made since 5 April 2015. Only the portion of the gain made after 5 April 2015 is liable for tax. One of the most commonly used and valuable exemptions from CGT is Private Residence […]
As part of the Budget measures, the government confirmed plans to make some changes to the Construction Industry Scheme (CIS). From 6 April 2026, HMRC will be able to take immediate action where a business makes or receives a payment that it knew, or should have known, was connected to fraud. In these circumstances, HMRC will have […]
The recent Budget may not have delivered many dramatic headline changes, but as the detail settles, a number of important themes are beginning to emerge. Conversations with business owners suggest that concern is less about any single announcement and more about the combined effect of rising costs, higher personal tax exposure and increasing administrative demands. […]
HM Revenue and Customs (HMRC) has recently issued a timely reminder about the support available to taxpayers as the Self-Assessment deadline nears. With 31 January 2026 fast approaching, many businesses, sole traders and individuals are understandably starting to feel the pressure of meeting their tax obligations. To help manage this, HMRC is highlighting the Time […]
Many business owners reach a point where they begin to question whether the way their companies are arranged still suits their ambitions. Separate trading entities might have grown organically, acquisitions may have been made along the way or activities may have been kept apart for practical reasons. Over time, these associated companies can become difficult […]
What the 2027 IHT change means From 6 April 2027, the rules for passing on pensions after death will change in a way that affects many families. Under the government’s reforms, most unused pension pots and pension scheme death benefits will be brought into the scope of Inheritance Tax, IHT. This represents a major restructuring […]
The proposed council tax surcharge on high value homes, due from April 2028, has triggered a lively and sometimes sharp response across the press. While the headlines have focused on the “mansion tax” label, the underlying commentary has been more nuanced, splitting broadly into three camps: those who see it as a modest step towards […]
From 1 December 2025 the UK deposit protection rules will shift in a way that will matter for many savers, especially those holding larger balances or receiving significant one-off payments. The Financial Services Compensation Scheme is increasing the maximum protection for eligible deposits held with UK banks, building societies and credit unions. The long-standing limit […]
Copernicus was a thought leader. Way ahead of his time. He figured out that earth wasn’t the centre of the universe. He died in 1543. 21 years later Galileo was born and figured out Copernicus was right. He was ultimately placed under house arrest and forced to deny his beliefs under threat of torture. Now […]
Tax planning isn’t just about dodging bills at April. For many professionals and business owners, it shapes cash flow, investment capacity, and even the way you structure a property portfolio. Landlords, in particular, face a shifting landscape of allowances, reliefs, and compliance duties that can quietly erode returns if you don’t navigate them carefully. A […]