UK Tax Brackets 2026/27: Income Tax Rates, Bands and Allowances Explained
UK tax brackets 2026/27: income tax rates, bands and Personal Allowance for England, Wales, NI and Scotland, plus the £100k trap and what's changed.
Understanding Capital Gains Tax: What It Is and What You Need to Know
If you're considering selling an asset, such as property, shares, or personal possessions, you might be wondering about Capital Gains Tax (CGT) and whether you'll need to pay it. Here's what you need to know about CGT and how it…
Autumn Statement: What It Means for Small Businesses
Government Budgets and changes in fiscal policy can always be a nerve-racking time for businesses, but never has there been such trepidation as in the run-up to Jeremy Hunt’s Autumn Statement. With the economy in dire straits and forecasts bleak,…
The Health and Social Care Levy – Why, When and How
Following on from the Coronavirus Pandemic and the Government’s commitment to improve and reform Health and Social Care Services within the United Kingdom the government has formally announced its much anticipated plan for health and social care and its funding…
HMRC VAT Deferral Scheme
COVID-19 left many businesses facing financial hardship in 2020. As a way to ease some of the pressure, HMRC allowed the payment of VAT due between 20 March 2020 and 20 June 2020 to be deferred until 31 March 2021. …
Construction Industry Scheme (CIS) – VAT Domestic Reverse Charge
Construction Industry Scheme (CIS) VAT Domestic Reverse Charge has started this month Why is it being introduced? The domestic reverse charge VAT procedure is an anti-fraud measure designed to counter sophisticated criminal attacks on the UK VAT system. It…