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VAT choices for property can lock you in for 20 years and impact your finances in unexpected ways. Got linked buildings or extensions? Read on to find out why this matters.

VAT – opting to tax property The option to tax is a VAT election that allows businesses to treat supplies of most non-residential land and buildings as taxable rather than VAT exempt. Once an option to tax is made, supplies in

Fuel costs are changing for drivers and hauliers alike. Discover what the new government measures mean for your wallet and journeys ahead. Read on to see how these adjustments could ease the pinch at the pump and on the road.

Government measures to ease rising fuel costs The government has announced a package of measures intended to help motorists and businesses manage rising fuel costs following disruption linked to the conflict in Iran. As part of the package, the

Alert: If you expect your income tax to drop next year, you could reduce your payments on account and ease the strain. Wondering how to claim? Find out why it might be worth checking your payment on account status now.

Claiming to reduce payments on account Self-assessment taxpayers are usually required to make payments on account to pay their Income Tax liabilities. These are paid in two instalments, the first on 31 January during the tax year and the

Mileage pay just got a boost! From 6 April, approved mileage rates for cars and vans have risen to 55p per mile for the first 10,000 miles. If you use your own vehicle for work, this could mean more money in your pocket. Curious how this affects you and the rules around mileage allowances? Read on to find out more.

Increase in approved mileage rates The Chancellor of the Exchequer, Rachel Reeves updated Parliament on 21 May 2026 on the Government’s economic response to the war in Iran and the wider measures being taken to support households and

Alert: Did you know certain business sales or share disposals might trigger a reduced 18% Capital Gains Tax rate? Find out why this could matter for your next move. Read on to see if you're eligible for a valuable tax relief and how it could impact your financial planning.

Can you claim Business Asset Disposal Relief Business Asset Disposal Relief (BADR) applies to the sale of a business, shares in a trading company, or an individual’s interest in a trading partnership. When this relief is available, a reduced 18%

ID checks at Companies House are rolling out – if you're a company director or have significant control, it's time to get verified. Most can do it online or in person at selected Post Offices. Don't miss out, find out why this matters to you today.

Verify your ID at Companies House Identity verification requirements at Companies House became a legal requirement for directors and people with significant control (PSCs) from 18 November 2025. This date marked the start of a

Alert for landlords: Are you sure about your tax and National Insurance on rental income? Find out what might affect your bottom line and pension rights. Read on to get the details landlords often overlook.

Landlord tax and National Insurance considerations When renting out property, landlords may have both Income Tax and National Insurance considerations to consider. However, rental income is generally taxable. For individuals, the first £1,000 of

Hidden changes in tax rules may mean many could be paying more tax without noticing. Wage rises might be pushing you into higher tax bands — find out why it matters now.

Fiscal drag explained The freezing of tax thresholds can result in a phenomenon commonly referred to as 'fiscal drag'. This occurs when tax allowances and rate bands remain unchanged while wages and inflation increase. As

Alert for small businesses: A VAT scheme lets you pay VAT only when your customers pay you. Could this be the cash flow boost you need? Find out why this matters now and if you could qualify.

VAT Cash Accounting The VAT Cash Accounting Scheme can help businesses improve cash flow by allowing VAT to be accounted for when customers actually pay invoices, rather than when invoices are issued. This can be

Urgent update for self-employed and landlords: Your choice of software for Making Tax Digital matters. Find out what features to look out for and why some can even link spreadsheets directly with HMRC. Ready to make the switch? Read on to see which tools suit you best.

Making Tax Digital – which software to use Making Tax Digital (MTD) for Income Tax is now in force for many self-employed individuals and landlords. Since 6 April 2026, taxpayers with qualifying business or property income exceeding £50,000