In depth
Tax updates & analysis.
Technical commentary on the issues affecting owner managed businesses, property investors and professional intermediaries.
Making Tax Digital for Income Tax becomes mandatory.
From 6 April 2026, Making Tax Digital for Income Tax becomes mandatory for anyone with self-employment or rental income of £50,000 or more in 2024–25. If that’s you,…
Read more →Landlords and Pension – Don’t make this mistake.
We see this far too often with landlords.Some don’t contribute to a pension at all, thinking rental income doesn’t qualify. Others over-contribute, assuming they will get tax relief…
Read more →ECOS Schemes Tax Changes from October 2026.
Big changes are coming for businesses using employee car ownership schemes (ECOS). A quiet but significant change is on the horizon for businesses offering Employee Car Ownership Schemes…
Read more →New IHT Rules for Pensions – Plan ahead or PAY!
A major shake-up is coming to how pensions are taxed on death. From April 2027, unused pension pots will be brought into scope for inheritance tax—regardless of how…
Read more →Claim Back VAT on New Builds & Conversions.
potentially saving thousands. Many homeowners and self-builders don’t realise that HMRC’s DIY House builder Scheme allows VAT refunds on eligible materials. What’s Covered? What’s Not Covered? How to…
Read more →R&D Tax Credit – What you should know!
R&D tax relief isn’t just about doing research. It’s about claiming the right kind of costs—and knowing what qualifies is half the battle. From April 2023, HMRC has…
Read more →Companies House & HMRC to End Joint Filing
The joint online filing service for company accounts and tax returns will close on 31 March 2026. Businesses will need to adjust their filing processes to stay compliant.…
Read more →Electric Car BIK – What is changing?
Electric cars won’t stay tax-efficient forever. From April 2025, the BIK tax rate on EVs will start rising, affecting both cost planning and payroll reporting and just a…
Read more →Private Schools: Can You Reclaim VAT?
correct invoicing and fee structures. Mistakes in bundling fees, handling deposits, and contract wording could lead to unexpected VAT liabilities. Getting it wrong could mean financial losses or…
Read more →Private Schools: Are You Charging VAT Correctly?
incorrect invoicing and fee structures. Mistakes in bundling fees, handling deposits, and contract wording could lead to unexpected VAT liabilities. Getting it wrong could mean financial losses or…
Read more →Major IHT Rule Changes – What You Need to Know
From 6 April 2025, domicile status will no longer determine Inheritance Tax (IHT) liability. Instead, tax will be based on long-term UK residence, affecting how wealth and assets…
Read more →HMRC Tax Changes in April – What Businesses Need to Know
Several major HMRC tax changes are coming into effect from April, impacting businesses across the UK. Employers face higher payroll costs, tax reliefs are shifting, and vehicle classifications…
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