Tax News

Is your remuneration strategy still tax-efficient in 2025/26?


Business owners who pay themselves through a combination of salary and dividends should revisit their remuneration strategy this tax year. ...

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Beware tax avoidance scheme promoters – HMRC cracks down with new powers


Recent Government estimates suggest that as much as £1.8 billion is lost every year due to tax avoidance schemes. That ...

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Joint owners of Furnished Holiday Lets prepare for increased taxes


With the abolishment of the specific tax considerations for Furnished Holiday Lets (FHL) from the beginning of the current tax ...

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HMRC is closing its free Company Tax Return service


HM Revenue & Customs (HMRC) will permanently close its free service for submitting Company Tax Returns and annual accounts on ...

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How HMRC treats cryptoassets disposed of by businesses


Cryptoassets make up a growing portion of the market, and businesses are increasingly looking to take advantage of these digital ...

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How to maximise tax relief on losses to offset higher employment costs


The recent rise in employers’ National Insurance Contributions (NICs) to 15 per cent will lead to a 60 per cent ...

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Married vs unmarried couples – Inheritance Tax traps that could cost your family thousands


For many couples, the question of whether to marry is a personal one, often shaped by lifestyle choices, beliefs or ...

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Change to dividend reporting to affect thousands of owner-managed businesses


From 6 April 2025, many directors will need to report dividend income in much more detail in their Self-Assessment tax ...

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Why capital allowances should be top of your to-do list this April


The new financial year will see many of the proposed changes announced in the Autumn Budget enacted, impacting businesses across ...

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