Who isn’t currently keeping an eye on petrol and diesel prices almost every day? The answer is simple: those who drive electric vehicles (EVs). While fuel prices continue to rise and fluctuate due to global events, EV drivers enjoy a level of stability that traditional drivers can only wish for. This is only one reason […]
Category Archives: Tax Planning
08
Apr
Apr
It’s completely normal to start thinking about tax planning towards the end of the tax year. This is typically when the urgency increases, deadlines loom, last-minute tips circulate, and there’s a rush to “do something before April 5.” We’ve all experienced this frenzied environment. However, it’s worth asking: shouldn’t we consider tax planning at the […]
18
Mar
Mar
If you’re a landlord in the UK right now, you’re probably feeling the squeeze from every direction. Between new legislation, rising compliance demands, slow‑moving mortgage rates, and more taxes on the horizon. Many landlords have sold their investments to cash in on returns and avoid the stress. However, the decision to sell can have immediate […]
self employed, Tax Advice, Tax Planning, Tax Tips, Uncategorized
Why a Limited Company is Now Less Tax Efficient
11
Mar
Mar
Traditionally, the biggest tax benefit of running a limited company came from how you extracted income. You’d take a small salary and top it up with dividends, which were taxed at lower rates than income tax and didn’t attract National Insurance. But that landscape has shifted dramatically in recent years. Operating as a limited company […]
Payroll, Tax Planning
What the Employment Rights Act 2025 Means for Your Business: The April 2026 Changes Explained
04
Mar
Mar
If you’re running a small or medium-sized business right now, you don’t need anyone to tell you that things feel heavy. Between unpredictable economic conditions, continued global uncertainty, and the ripple effects of the conflict in the Middle East, employers are juggling more than ever. And just when you think you’ve caught your breath, along […]
Capital Allowances, HM Revenue & Customs, Personal Tax, Tax Advice, Tax Planning
Planning for the Tax Year End 2026
18
Feb
Feb
As the UK tax year draws to a close on 5 April 2026, now is the ideal moment for business owners, high-earners, property investors and families to review their finances and maximise available tax opportunities. The end of the tax year always brings a wave of activity, but with major changes landing in 2026, including […]
07
Jan
Jan
Happy New Year! We hope you had a restful and restorative festive season and indulged in a mince pie (or three). As we look ahead to 2026, we hope you’re ready to make plans, no matter what the year brings. While many aspects of life can be unpredictable, taxes are not. We already have a […]
27
Nov
Nov
Chancellor Rachel Reeves presented her highly anticipated second Budget to Parliament yesterday. After the 2024 tax measures, the government was hopeful that broad tax increases would not be necessary in 2025. However, due to ongoing economic challenges, despite a short-term growth upgrade from the Office for Budget Responsibility (OBR), tax increases proved unavoidable. Let’s take […]
22
Oct
Oct
Since the recent overhaul of the Inheritance Tax (IHT) rules, many people in the UK are wondering if giving away their assets while they are still alive will reduce the final IHT bill. The answer is somewhat complicated. Apart from IHT, which is the tax you pay on death, there is another capital tax, Capital […]
HM Revenue & Customs, Personal Tax, Tax Advice, Tax Planning, Tax Tips
Are you ready for the IHT Overhaul?
03
Oct
Oct
It’s old news now that Rachel Reeves has long had her eyes on inheritance tax (IHT) as an area for reform. The announcements in the last Budget have sharpened the focus by removing reliefs for businesses, including farmers and bringing your pension savings into your Estate when you die. So, are you ready for the […]