22/07/2026
Alert for married couples and civil partners: You could be paying more Capital Gains Tax than necessary! Transfers between spouses might lower your overall tax bill without immediate charges. Curious how your home or investments could benefit? Read on to find out why this matters now.
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Married couples and civil partners are taxed separately for Capital Gains Tax (CGT), meaning each person has their own annual tax position. However, with careful planning, transferring assets between spouses or civil partners can sometimes help reduce their overall tax bill.
21/07/2026
Alert for property owners: Not all repair costs are equal when it comes to tax relief. Knowing what counts could save you money. Find out why it matters now.
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Property owners often incur costs for repairs, and understanding which costs can be deducted is important when calculating taxable property income.
20/07/2026
Alert for UK business owners: If your taxable sales hit £90,000 in a year or will soon breach this threshold, you must register for VAT. Don't miss the deadline, find out why this matters now and what to do next.
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Businesses must register for VAT if their taxable turnover exceeds the VAT registration threshold, or if they expect it to exceed the threshold in certain circumstances.
20/07/2026
Alert: Your company's trading losses could lower your tax bill more than you think. Discover how using loss relief might ease cash flow. Read on to find out why it matters.
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If your company makes a trading loss, it may be able to claim relief to reduce its Corporation Tax liability. Trading losses can often be used in different ways, depending on your company’s circumstances.
17/07/2026
Alert: Your savings could trigger a tax bill without you realising. Different allowances may cover your interest, but what if you exceed them? Find out why it matters now and what to watch for if your savings interest changes the tax picture.
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Most individuals can earn interest from their savings without incurring a tax liability thanks to a number of allowances available each tax year (from 6 April to 5 April). These include your Personal Allowance, the starting rate for savings, and the Personal Savings Allowance, with the amount you re...
16/07/2026
Alert: Selling shares this tax year? You might face Capital Gains Tax if your profits exceed the £3,000 allowance. Costs and reliefs can change what you owe. Find out why this matters to your wallet and what to keep in mind before you report to HMRC. Read on for the essentials.
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If you are selling shares or other investments, you may incur Capital Gains Tax (CGT) on any profit, or 'gain', you make. You will need to work out your gain to determine if you need to pay tax, which depends on whether your total gains exceed your CGT allowance for the tax year.
15/07/2026
Alert: Your Making Tax Digital quarterly deadline is approaching. Are your digital records ready for HMRC's new update system? Find out why it matters now and what you need to check before submitting your first update. Read on to stay ahead and avoid surprises.
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If you are already registered for Making Tax Digital (MTD) for Income Tax, it is important to ensure you are ready for your first quarterly update deadline. Unlike a traditional self-assessment return, MTD requires you to keep digital records and submit regular updates to HMRC throughout the year.
15/07/2026
Alert: Could your commercial property be unlocking hidden tax relief? Many miss out on a valuable allowance linked to building and renovation costs. Find out why this matters now and what to check to make sure you're claiming all you're entitled to. Read on to explore the potential benefits waiting in your property investments.
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If you have invested in a new commercial building or carried out significant renovation work, you may have overlooked a valuable capital allowance. The Structures and Buildings Allowance (SBA) provides tax relief on qualifying capital expenditure incurred on certain new non-residential structures an...
14/07/2026
Alert for employers: Offering simple perks might be stirring up unexpected tax trouble. Are your employee benefits actually creating hidden costs? Find out why it matters and how to keep things clear. Read on to avoid surprises!
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Providing benefits and covering expenses for employees is a common part of running a business, but it is important to understand the tax implications. A benefit that appears simple or low value could create unexpected reporting obligations or result in additional tax and National Insurance liabiliti...
14/07/2026
Are you missing out on crucial business expenses that could cut your tax bill? Many self-employed people don't claim everything they're allowed. Discover which costs you can include and make your next tax return work harder for you. Find out why now could be the moment to check your claims.
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If you are self-employed, claiming all of your allowable business expenses can reduce your taxable profit and, in turn, the amount of Income Tax you pay. Allowable expenses are costs that are incurred wholly and exclusively for the purposes of your business.