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Statutory Redundancy rights

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Redundant? You could receive up to £30,000 tax-free, whether it’s statutory pay or a better deal from your employer. Know your rights, check the 2025-26 limits, and understand how

Tax relief for landlords replacing domestic items

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Swapped an old fridge or carpet in your rental property? Landlords can claim tax relief on replacing domestic items - but not if it's an upgrade! Know the rules and save money by

Tax and employee suggestion schemes

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Have you set up a suggestion scheme for ideas that could save or earn you money? Employee suggestion schemes can offer up to £5,000 tax-free for valuable input — and even £25

Still time to repay private fuel costs and avoid tax charge

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Use a company car for personal trips? Avoid a hefty tax charge by reimbursing your employer for private fuel by 6 July 2025. It’s called “making good” - and it could

Understanding VAT Bad Debt Relief

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Struggling with unpaid invoices? If you've paid VAT to HMRC but never received payment from your customer, you may be able to reclaim that VAT. Learn how bad debt relief works and

Food Matters

Verifying identity at Companies House – From April 2025

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New rules under the Economic Crime and Corporate Transparency Act mean identity checks will soon be required at Companies House. From directors to agents, all those running UK

Travel Guides

Healthy Life

When is a hobby a business

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Not sure if your hobby is actually a taxable trade? HMRC uses ‘badges of trade’ to assess whether an activity is a business. Factors like profit motive, transaction frequency, and

Beneficial interests in jointly held property

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Couples who jointly own rental property are usually taxed 50:50, even if they own different shares. But if you're married or in a civil partnership, Form 17 lets you split income

Most Popular

Statutory Redundancy rights

0
Redundant? You could receive up to £30,000 tax-free, whether it’s statutory pay or a better deal from your employer. Know your rights, check the 2025-26 limits, and understand how

Tax relief for landlords replacing domestic items

0
Swapped an old fridge or carpet in your rental property? Landlords can claim tax relief on replacing domestic items - but not if it's an upgrade! Know the rules and save money by

Tax and employee suggestion schemes

0
Have you set up a suggestion scheme for ideas that could save or earn you money? Employee suggestion schemes can offer up to £5,000 tax-free for valuable input — and even £25

Still time to repay private fuel costs and avoid tax charge

0
Use a company car for personal trips? Avoid a hefty tax charge by reimbursing your employer for private fuel by 6 July 2025. It’s called “making good” - and it could

Understanding VAT Bad Debt Relief

0
Struggling with unpaid invoices? If you've paid VAT to HMRC but never received payment from your customer, you may be able to reclaim that VAT. Learn how bad debt relief works and

Culture

Sport News

The best personal loans in the UK for 2024

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What's possible in a week? If you dedicated seven days to the achievement of one goal, how ambitious could you make this goal? These...

Still time to repay private fuel costs and avoid tax charge

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Use a company car for personal trips? Avoid a hefty tax charge by reimbursing your employer for private fuel by 6 July 2025. It’s called “making good” - and it could

Self-employed must report profits on tax year basis

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Big changes are here for the self-employed! From 2024-25, profits must align with the tax year, replacing the old "current year basis." Overlap relief is ending, and

Make the most of trivial benefit payments 2025-26

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Small gifts can mean big tax savings! Use the trivial benefits exemption in 2025-26 to reward employees with non-cash perks under £50 - no PAYE, no P11D, and no NIC. A smart,

Government backed Start-Up Loans

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The Government-backed Start-Up Loans scheme offers unsecured loans of £500 to £25,000 per person (up to £100,000 per business) to help entrepreneurs grow. With a fixed 6% interest

Fitness