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Newsletter
We will share with you the latest updates on the UK economy and tax regulations, along with detailed expert analysis and in-depth insights.
As a landlord, how do I pay taxes on rental income?
If you plan to invest in property in the UK for rental business or want to temporarily rent out a vacant property, you must report income!
TBA
Nov 15, 20245 min read
Do overseas landlords need to pay tax on rental income?
The UK property market has always been attractive to investors, including not just new residents in the UK but also many overseas landlords
TBA
Nov 13, 20244 min read
Navigating ‘tax traps’ in the UK – a guide for high earners (II)
In our previous reports, we shared that over 500,000 UK taxpayers have fallen into the 60% tax trap, an increase from last year.
TBA
Nov 8, 20243 min read
Company directors – choosing between salary and dividends (II)
Last time, we explored the advantages and disadvantages of receiving a salary versus dividends from your company.
TBA
Oct 30, 20242 min read
Company directors – choosing between salary and dividends
Recently, many people have asked us whether it’s more advantageous to take a salary or dividends as a company owner.
TBA
Oct 25, 20243 min read
Is the UK really bankrupt?
Since coming to power, the UK Labour Party has consistently emphasised that the UK is facing a dire situation.
TBA
Oct 16, 20245 min read
What happens when HMRC starts an audit?
Over the past decade, HMRC (Her Majesty’s Revenue and Customs) has frequently conducted surprise audits,
TBA
Oct 9, 20243 min read
How does UK tax residency work, and do I need to pay tax on overseas income?
We often encounter clients who are confused about their tax obligations, particularly when it comes to income earned overseas.
TBA
Oct 4, 20244 min read
Property vacant? Important issues for landlords to consider
There are ways to reduce your tax liability by deducting certain expenses that are deemed “qualified” by tax authorities.
TBA
Sep 25, 20243 min read
Learn about VAT rules for food in 3 minutes!
Luxury foods in the UK are usually subject to the standard rate of VAT at 20%. So, what foods are considered luxury items?
TBA
Sep 18, 20242 min read
Part-time work in the UK – is extra income taxed?
Will HMRC know if I have secretly earned extra money? How does HMRC track your income? How should I manage my additional income?
TBA
Sep 13, 20242 min read
Waitrose billboard causes nationwide stir!
If you’ve walked through the Clapham area of South London, you might have noticed a large billboard from Waitrose supermarket.
TBA
Aug 23, 20244 min read
What can we expect from the new Labour government?
Now that the dust has settled, it’s time to take a look at some of the major policies set to be implemented by the new government.
TBA
Jul 31, 20242 min read
How much tax do footballers pay?
In the UK, all football players who sign contracts with clubs are considered employees, so players must pay taxes directly to the HMRC.
TBA
Jul 26, 20243 min read
Online sales platforms begin to report seller income to HMRC!
From 1st January 2024, HMRC implemented new rules requiring online marketplaces to collect all seller information and report seller income.
TBA
Jul 4, 20245 min read
National Service to be reintroduced?
The Prime Minister Rishi Sunak announced that if the Conservative Party wins the election, mandatory national service will be reintroduced.
TBA
Jun 19, 20243 min read
Living in the UK- Have you experienced hard water?
‘Hard water’ contains a large amount of minerals, such as calcium and magnesium, which form a thin film on the hair.
TBA
Jun 12, 20243 min read
Small mistakes cost British employees £5.8 million in overpaid taxes – make sure you check your tax code!
A recent study by Canada Life revealed that due tax code errors, UK employees have so far overpaid approximately £5.8 billion in taxes.
TBA
Jun 5, 20242 min read
Supermarkets implement ‘facial recognition’ and dress codes to prevent shoplifting?
A man was reported as being refused entry to a Tesco supermarket due to suspicions of potential theft because his attire was too unkempt!
TBA
May 31, 20243 min read
What is a P45, and why do you get one when leaving your job?
If you’ve been employed by one than one employer in the UK, you would have received a P45 document after the end of your previous jobs.
TBA
May 24, 20245 min read
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