Individual Income Tax

As we move further into the digital age, many industries are gradually abandoning paper-heavy administrative processes in favour of streamlined, digital solutions. HMRC first introduced the concept of Making Tax Digital (MTD) in 2015, with the aim of phasing out paper-based tax returns and shifting to digital submissions via approved software — ushering in a system of real-time tax.

Changes to Employee Benefits and Key New Regulations for Businesses and Individuals. Whether you're self-employed or run a limited company, the 2025/26 tax year brings several important changes—impacting Employer National Insurance Contributions (NICs), minimum wage rates, company size thresholds, and Capital Gains Tax (CGT), among others.

Did you know that although singles might save on Valentine’s Day gifts, they end up spending at least a few thousand pounds more than couples every year on their daily living expenses. And that’s far more than the cost of any Valentine’s gift!

If you have a full-time job but enjoy making some extra money through second-hand selling platforms, you need to be aware of changes to income tax rules!

Selling homemade food in the UK is subject to regulatory oversight, just like opening a restaurant. You must obtain the necessary certifications, fulfil your tax obligations, and may even be eligible for tax relief.

With the new financial year, a series of tax increases announced in last autumn’s budget came into effect. These changes impact not only income tax, corporation tax, and capital gains tax but also pension reforms, national insurance adjustments, and taxation on high earners and new UK residents’ global income.

On the 26th March 2025, the Chancellor Rachel Reeves delivered the highly anticipated Spring Budget statement.

We have previously shared a lot of information about property purchase, rental, and sale taxes in the UK, and we have received many enquiries from both UK-based and overseas landlords. Claiming Tax Relief for Property Repairs – How Does It Work?

Pension Annuities: The Right Way to Relax and Get Paid After Retirement

Rachel Reeves may have to raise UK taxes in October. HMRC announces three new tax rules with millions of UK households warned.

Labour plans to implement a 2% wealth tax to generate additional billions of pounds in revenue.

Farmers Protest New Inheritance Tax Policies.

Do You Need to Pay Tax on Savings Interest in the UK? Today, we’ll provide detailed information on taxation of bank interest earnings.

Data reveals that over half of UK residents are net welfare recipients.

Does HMRC owe you money? You may be entitled to a refund! Check your tax code now!

While you can still imagine the aroma of turkey and red wine, for many, the festive season left behind a burden: debt.

Following significant reforms to UK inheritance tax rules introduced by Chancellor Rachel Reeves in what has been dubbed the largest tax-rai

Multiple measures from the Labour Party’s Autumn Budget are set to take effect in 2025.

With the announcement of the Autumn Budget, several tax increases have caused widespread confusion.

In our previous reports, we shared that over 500,000 UK taxpayers have fallen into the 60% tax trap, an increase from last year.