Companies House is introducing mandatory identity verification for directors, persons with significant control (PSCs), and authorised corporate service providers (ACSPs) as part of sweeping new

The recent Autumn 2024 Budget has brought significant updates to the capital gains tax (CGT) rates applicable under Business Asset Disposal Relief (BADR), previously known as Entrepreneurs’ Relief.

When planning to minimise inheritance tax (IHT), lifetime gifts are a powerful tool to consider. Understanding how Current IHT gift reliefs work, particularly the rules around potentially exempt

If one partner in a marriage or civil partnership earns under £12,570, you could save up to £252 a year in income tax through the marriage allowance. Even better, you can backdate your claim for up to

When you decide to sell your main residence, the prospect of paying Capital Gains Tax (CGT) can be worrying. However, in many cases, Private Residence Relief can exempt you from having to pay CGT

If you use your own car, van, motorcycle, or bicycle for business journeys, you may be eligible to claim a tax-free mileage allowance from your employer. This entitlement, known as a Mileage Allowance

In a recent landmark decision, the Court of Appeal delved deep into the nuances surrounding amendments to benefit schemes and the roles and responsibilities within corporate structures. This arose

In today’s competitive business environment, understanding your company’s financial health is critical. Four critically important KPIs—gross profit margin, cash flow, customer acquisition cost

For high net worth individuals (HNWIs), tax planning is far more than a compliance activity; it is a strategic tool to preserve and grow wealth. In today’s financial landscape, where HMRC scrutiny is

If you’re a business owner or accountant in the UK, keeping track of tax deadlines is crucial to avoid penalties and ensure smooth financial operations. Our Tax Diary July/August 2025 highlights the