Business Property Relief Rules: Who Qualifies and the £2.5m Cap
Business property relief now gives 100% relief on the first £2.5m of business and farm assets, 50% above it. Who qualifies, what changed and what to do.
Employing Family Members: Tax Rules, NI and HMRC’s Evidence Test
Employing family members can cut your tax bill, but only if the pay, NI and paperwork pass HMRC's evidence test. See how to do it properly.
Navigating the National Insurance Increase for Small Business Owners
The UK government's recent budget announcement introduced a 1.2 percentage point rise in employer National Insurance (NI), moving contributions from 13.8% to 15% beginning April 2025. This policy change aims to bolster public finances and fund essential services. However, for…
A Deep Dive into the SEIS, EIS, and VCT Tax Schemes
How Startups and Investors Can Leverage Government-Backed Incentives Post-Brexit Introduction In an era marked by economic uncertainty, technological disruption, and the lingering aftershocks of Brexit, the UK government has intensified its commitment to fostering innovation through three cornerstone tax relief…
Double-Cab Pickup Tax Changes for 2025
HMRC Double Cab Pickup Update: Latest Tax Guidelines for 2025 HMRC is set to introduce new tax rules for double cab pick-ups from 6 April 2025. These changes reclassify these vehicles from commercial to car status for tax purposes, affecting…
Sole Trader to Limited Company: When to Switch and How to Do It
Changing from sole trader to limited company? Compare the tax figures, see the 11-step checklist, and find out when it's worth switching.