Blog

Do I need to file a self-assessment tax return?

17th December 25

File a self-assessment tax return before the deadline. Learn who needs to file, income triggers, and how to register with HMRC. Get clear now ...

Salary sacrifice changes set to hit millions of UK employees

10th December 25

Salary sacrifice changes introduce a £2,000 cap, reshaping workplace pensions and tax for millions ...

Nine ways to beat the Budget tax burden this year

3rd December 25

Beat the Budget tax burden with this simple guide. Learn how to save on pensions, ISAs, dividends, and more. Plan ahead and minimize taxes ...

Why splitting a business to avoid VAT can backfire badly

26th November 25

Avoid issues with HMRC by not splitting your business to avoid VAT. Consider long-term costs and commercial reality before acting ...

How HMRC Christmas tax rules trip up festive side hustlers

19th November 25

HMRC Christmas tax rules explained for festive side hustlers, from thresholds to reporting and deadlines ...

5.1bn question

12th November 25

Will the chancellor curb pension salary sacrifice? Here's what a £5.1bn move could mean for workers and employers ...

Why farmers need an inheritance tax transitional gifting rule now

5th November 25

Why an inheritance tax transitional gifting rule would protect older farmers before APR/BPR changes bite in April 2026 ...

Inheritance Tax risk for family-owned businesses: act before reliefs shrink!

29th October 25

Understand Inheritance Tax risk for family owned businesses and the urgent steps to safeguard succession ...

A pension tax raid would put the NHS in danger

22nd October 25

A pension tax raid could drain GP numbers and threaten neighbourhood care ...

HMRC launches real-time HICBC payment for smoother PAYE

15th October 25

HMRC's real-time hicbc payment lets employees settle the charge via PAYE without Self Assessment ...

Are directors' loans a good cash flow strategy or just another tax trap?

8th October 25

Discover the pros and cons of directors loans. Boost cash flow or risk HMRC attention. Use cautiously for success ...

Salary or Dividends: Optimising Income for Directors

1st October 25

Optimising income for directors: Find the balance between salaries and dividends while navigating tax changes. Improve your remuneration strategy ...

Should Directors Use Salary Sacrifice To Reduce Income Tax And National Insurance?

24th September 25

Discover how salary sacrifice to reduce tax helps directors cut NI, boost pensions, and streamline payroll ...

UK Unveils Amnesty For Covid Loan Debtors: Your Last Clean-Slate Chance

17th September 25

The UK's new amnesty for Covid loan debtors lets you repay quietly before tougher sanctions arrive ...

Understanding The 10-Year Charge On Trusts Without The Headaches

10th September 25

Understand the 10-Year charge on trusts, how it's calculated, deadlines, and how to stay compliant with HMRC ...

HMRC Pension Relief Crackdown: What Higher-Rate Taxpayers Need To Know

3rd September 25

HMRC pension relief crackdown: tighter checks, no phone claims, evidence needed for higher rate taxpayers from Sept 2025 ...

HMRC Taking A Good Look At Savvy Online Sellers

27th August 25

Online sellers react to HMRC's new data sharing initiative to tackle tax evasion. Mixed reactions from online sellers ...

Why Inheriting A Pension Could Become Painfully Taxing

20th August 25

Rethinking Taxation: The Case for Taxing Income from Wealth, Not Work

13th August 25

Taxing income from wealth gains traction in UK, shifting focus from work. Explore the potential impact of this fiscal policy alternative ...

HMRC Warns Against Stamp Duty Rogue Agents: Stay Vigilant!

6th August 25

Homebuyers are urged to be wary of rogue agents promoting fraudulent stamp duty repayment claims, following a Court of Appeal decision ...

The Ins and Outs of Employing Young People

30th July 25

Employing young people? Make sure to follow age restrictions for individuals under 18. Learn more about child labour laws ...

Unpacking the Property Tax Advantages of Being Married

23rd July 25

Maximize property tax advantages with marriage. Transfer assets and allocate income wisely to minimize tax liabilities ...

Exploring Alternatives to a Wealth Tax: Practical Solutions for Raising Revenue

16th July 25

Explore potential wealth tax strategies for the UK, including Capital Gains Tax reforms and Inheritance Tax simplifications, to increase revenues ...

300 for Non-Disclosure

9th July 25

UK crypto-investors face new regulations in 2026 under the OECD Cryptoasset Reporting Framework. Avoid penalties by disclosing transactions ...

Understanding Side Hustle Taxation: Essential Tips from HMRC

2nd July 25

Stay on top of side hustle taxation with HMRC guidelines. Register and file a self-assessment tax return for earnings over £1,000 by January ...

The Dangers of Raising Capital Gains Tax Rates at the Autumn Budget

25th June 25

Capital gains tax is under scrutiny as the Chancellor considers potential hikes to fill budget gaps, but such moves could backfire on economic growth ...

Tax Freedom Day Falls Three Weeks Later in 2025

18th June 25

Tax Freedom Day in 2025 has shifted to 12 June, signaling a concerning trend. Explore strategies to bring yours closer ...

Unlock Extra Income with the Rent A Room Scheme

11th June 25

Earn up to £7,500 tax-free with the Rent A Room Scheme. Perfect for homeowners or renters looking for extra income ...

How VAT on Private School Fees Triggered a 22.6% Rise in Education Costs

28th May 25

VAT on private school fees causes 22.6% increase in costs. Enrolment declines raise concerns for future of private education ...

442k Inheritance Tax Case

14th May 25

A recent case challenged HMRC's view on trust benefits in inheritance tax matters, highlighting complexities in tax law ...

Independent Tax Consultants