Insights

In this guide, we’ll walk you through the structure of CGT, how it’s calculated, and practical strategies for managing it. Whether you're an investor or a homeowner, understanding your tax responsibilities is key.

For most entrepreneurs, your business will likely fall under the category of a Small and Medium-sized Enterprise (SME). Let’s explore what qualifies as an SME, why SMEs are so important to the British economy, and what practical steps you can take if you’re planning to launch your own business.

Some people are buying to live in their homes, others for investment. Overall, while there’s been short-term fluctuation, the UK property market remains on an upward trajectory. Why is the UK property market still booming?

Recently, the Department for Work and Pensions (DWP) issued a new statement announcing that, due to a historic state pension error, over 130,000 individuals have received a total of approximately £800 million in backdated state pension payments.

Under the new policy, the UK government has scrapped the remittance basis for non-domiciled individuals—previously allowing up to 15 years without paying UK tax on foreign income. It has now been replaced by a new residence-based system for foreign income and gains (Foreign Income and Gains, or FIG). The sweeping reforms targets 34 different benefits, from disability allowances to chronic illness support.

From April onwards, various UK tax changes, along with rising household bills, have created new challenges and opportunities in personal and business financial planning. Of particular concern for foreign nationals residing in the UK is the new policy which took effect on 6 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

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.

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

Did you know that you can make donations to save on your tax bill?

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

Does Paying More Tax Result in a Higher Pension?

Inflation Puts Pensions at Risk of "Shrinking" – 90% Tax on Inherited Pension Funds?

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

Inflation Puts Pensions at Risk of "Shrinking" – 90% Tax on Inherited Pension Funds?

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.