HMRC has a growing interest in your investments. Why? To increase its income from Capital Gain Tax. Capital Gains Tax (CGT) receipts have surged to £24.3bn in 2025/26. This is…
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A temporary reduction in VAT on some summer holiday items is here! It was announced by the government as part of its “Great British Summer Savings” campaign. It aims to…
After 15 years without a change, the Government has finally increased the approved mileage allowance rate for business drivers. From the 2026/27 tax year, the HMRC mileage rate for cars…
If you’re a sole trader or landlord, there’s a tax change that you simply can’t ignore. Making Tax Digital (MTD) for Income Tax started on 6 April 2026, changing how self…
If you’re enjoying the National Insurance (NI) savings from pension salary sacrifice, brace yourself. Big changes are coming. They don’t arrive until April 2029, but NOW is the time to…
If you’ve sold shares, a second property, cryptocurrency or other assets since last autumn, this is one of those years where a little extra attention really matters. In October 2024,…
Recently, McVitie’s Penguin and Club bars officially lost their chocolate status and were reclassified as “chocolate flavour.” The change was due to the reduced amount of cocoa in their ingredients….
From 18 November 2025, Companies House is rolling out new identity verification checks for people involved with a limited company. It’s part of the Economic Crime and Corporate Transparency Act…
The last budget introduced an immediate increase to the rate of capital gains tax. The annual allowance for 2025/26 is £3,000. This is deducted from any profit achieved when selling…
After publicised plans to close the ‘loophole’ tax regime for non-doms, chancellor Rachel Reeves’ Autumn Budget has confirmed the new rules. “Non-dom” describes a UK resident whose permanent home – or…
