Higher penalties for MTD filers

by | Jul 17, 2025 | HMRC notices

Making Tax Digital for Income Tax will become mandatory in phases from April 2026. If you are self-employed or a landlord earning over £50,000 you need to start preparing to submit quarterly updates, keeping digital records and a new penalty system will apply....

The transition from FHL to Property Rental business

by | May 15, 2025 | HMRC notices

Tax perks for Furnished Holiday Lets have ended. From April 2025, lettings fall under standard rental rules. Check the transition rules to avoid surprises. The tax advantages that were previously available to property owners letting their properties as short-term...

Save up to £2,000 a year on childcare costs

by | May 15, 2025 | HMRC notices

Is your child starting school this September? Tax-Free Childcare could save you up to £2,000 a year. Check your eligibility now and start planning ahead. Working families whose children are starting school for the first time September 2025 could save up to...

State Benefits – What is taxable and what is not

by | May 1, 2025 | HMRC notices

Not all state benefits are tax-free! Some, like the State Pension and Carer’s Allowance, are taxable, while others, like PIP and Universal Credit, are not. Knowing the difference can help you stay on top of your tax responsibilities and avoid surprises....