Tax News & Articles

For long-term UK residents moving to India permanently, the tax position doesn't stop at the border. Learn about UK residence, rental income, capital gains, and avoiding double taxation.

HMRC is targeting CIS subcontractors with high expense claims. Learn why inflated expenses trigger enquiries, the '10% rule' risk, and how to protect yourself if you receive an investigation letter.

Crossing the £100,000 income threshold triggers the '60% tax trap' as your personal allowance is withdrawn. Understand how this hidden tax works, why your tax code might be wrong, and how to legally reduce your liability.

Earning over £50,270? You've entered the higher rate tax band. Learn how the 40% tax rate works, the '60% tax trap' over £100k, and smart strategies to reduce your liability legally.

Electric vehicles (EVs) are outpacing petrol/diesel cars for tax efficiency. Compare the Benefit in Kind (BIK) and total cost of ownership for a £60k EV vs a £60k SUV to see how much you could save.

Car expenses are a top target for HMRC investigations. Understand the critical difference between company cars and personal vehicles, avoid common mistakes, and learn how to claim mileage correctly without triggering an enquiry.

HMRC is investigating excessive 'use of home' claims by directors and the self-employed. Learn the strict rules, the difference between the £6/week flat rate and actual costs, and what to do if you receive a compliance letter.

Received a letter from HMRC about foreign income? Discover how the Common Reporting Standard (CRS) helps HMRC find undeclared overseas assets and the urgent steps you must take to avoid severe penalties.

Thinking of inflating expenses or hiding income? Discover why HMRC's new data powers make this riskier than ever and the severe penalties you could face in 2025/26.

Struggling to pay your tax bill? Learn how to set up an HMRC Time to Pay arrangement online or by phone. A complete guide to eligibility, deadlines, and avoiding penalties.

Need a UTR number? Follow our step-by-step guide to registering for Self Assessment with HMRC. Learn about deadlines, online registration, and what documents you need.

A comprehensive guide for UK taxi and private hire drivers on Self Assessment, allowable expenses, and tax deadlines for 2025/26. Learn how to maximize your deductions and stay compliant.

Find out if you qualify for Marriage Allowance in the UK. Learn how to transfer unused Personal Allowance to your partner and save up to £252 a year in tax.

HMRC has restarted its Direct Recovery of Debts (DRD) powers. Learn how this affects you, the safeguards in place, and how to protect your finances from direct bank deductions.

Everything you need to know about UK Dividend Tax in 2025/26. Check the latest rates, your tax-free allowance, and calculate how much tax you'll pay on your investment income.

Explore the top 6 passive income strategies for UK residents in 2026. From property and stocks to digital products, learn how to build wealth while managing your tax efficiency.

Made a mistake on your tax return? Don't worry. Follow our complete guide on how to amend your Self Assessment tax return online or by post, and avoid potential penalties.

As the January 31, 2026, deadline looms, millions of UK taxpayers are gearing up to file their Self-Assessment tax returns. We break down the process step-by-step to help you file seamlessly via the HMRC Government Gateway.

Received a COP9 letter? Don't panic. This comprehensive guide covers immediate actions, dos and don'ts, and how to navigate HMRC's most serious civil investigation.

Received an HMRC enquiry letter? Learn exactly what it means, the different types of checks, and the immediate steps you should take to protect yourself and resolve the issue smoothly.

HMRC has overhauled the VAT penalty system. Learn about the new points-based system and how to avoid fines.

Maximize your profits with these essential tax planning tips designed for UK small businesses. Learn how to claim every eligible expense, utilize capital allowances, and optimize your salary-dividend mix.

Launching a startup? Discover why hiring a professional accountant is crucial for UK founders. From avoiding HMRC penalties to maximizing tax reliefs like R&D and SEIS, learn how expert financial guidance drives growth.

The next phase of MTD is approaching. Ensure your business is compliant with the latest digital record-keeping requirements.

Wondering about the cost of calling 0345 numbers? Get a clear overview of rates, inclusive minutes, and how they compare to other UK numbers in 2026.

A comprehensive guide to Employment and Support Allowance (ESA) in the UK for 2025/26. Learn about eligibility, rates, how to claim, and the Work Capability Assessment.