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Business insight and opinion

We cover a wide range of topics in our regular insight articles. Have any ideas for something you’d like us to cover? Get in touch.

Capital Gains Tax in The UK

CGT is a tax on the profit made when you sell, give away, exchange, or otherwise dispose of an asset. In this context, an “asset” refers to a wide range of capital items, including property, business shares, stocks and even cryptocurrencies.

Property Income and Tax in the UK

HMRC regards individuals who own income-generating assets like buildings, land or vehicles as having tax obligations if their property income exceeds certain thresholds. Property income is common across the UK. However, some taxpayers fail to report it, which can lead to penalties. This article will help you understand the key income thresholds, tax responsibilities, and allowable deductions associated with property income.

Tax Planning for UK Corporation Business Owners

As a UK limited company director, you could save thousands of pounds in tax with the right profit extraction strategy. You can draw profits from your business through a combination of salary and dividends—but finding the optimal balance between the two is key to...

UK 2025 Spring Statement

The UK Chancellor delivered her first Spring Statement in March 2025. Compared to the Autumn Budget of 2024, it introduced fewer major tax changes directly impacting businesses. However, with increased penalty rates related to self-assessment, VAT returns and more,...

Filing Requirements for UK Limited Companies

Are you struggling to navigate the complex accounting/ tax landscape for UK limited companies? Working with an experienced accountant can help you manage your tax obligations effectively because, unlike sole traders, limited companies face greater tax responsibilities...

Self-Assessment Explained: Registration and Tax Guidelines for Sole Traders and Employees

Earning £1,000 or more annually from your sole trader business or side ventures? If so, it’s essential to register for self-assessment. This obligation isn't limited to business owners alone. Employees with an annual salary of £100,000 or more are also required to...