Author: infoe94a0b38eb8

Understanding what you can legitimately claim as a business expense is one of the simplest ways for UK limited company directors to reduce Corporation Tax legally and efficiently. Yet it is also one of the most common areas where mistakes occur. At the core of all expense claims is a single HMRC principle — but…

Making Tax Digital (MTD) for Income Tax is now beginning to reshape how sole traders and landlords report earnings to HMRC. From April 2026, affected taxpayers are required to move away from the traditional once-a-year self-assessment model and instead provide regular digital updates throughout the year. While the aim is to improve accuracy and reduce…

From April 2027, unused defined contribution (DC) pensions will be brought into the scope of inheritance tax (IHT), marking one of the most significant shifts in UK estate planning rules in recent years. The change represents a major departure from the current framework, where most DC pension pots sit outside an individual’s taxable estate. Defined…

The UK government’s decision to reduce income tax relief on Venture Capital Trusts (VCTs) from 30% to 20% from 6 April 2026 has sparked concern across the investment and early-stage business community. While the policy is framed within a broader strategy to balance fiscal discipline with economic growth, many investors and advisers argue it could…

Staying on top of HMRC deadlines is essential for avoiding penalties, interest charges, and unnecessary compliance stress. While many tax obligations follow recurring monthly or annual cycles, several key dates fall within each month that businesses and employers must plan around carefully. Below is a clear breakdown of the most important upcoming UK tax deadlines,…