Tips & Advice
How To Choose An Accountant In The UK: A Practical Guide
Tips & Advice How To Choose An Accountant In The UK: A Practical Guide Published: 21 November 2025 Reading time: ~11 minutes Start With Your Needs And Budget A good choice starts with clarity. List what you need this year and next. Typical services include annual accounts, tax returns, payroll, bookkeeping and occasional advice. Map…
Read MoreNew Company? 10 Tax Steps Before Your First Year-End (UK)
Tips & Advice New Company? 10 Tax Steps Before Your First Year-End (UK) Published: 13 October 2025 Reading time: ~6 minutes Your First-Year Essentials At A Glance Launching a limited company is exciting, but the first twelve months set the tone for compliance, cash flow and calm. This guide gives owner-managed companies a clear roadmap…
Read MoreHow HMRC’s Focus On Private Use Adjustments Affects Your Tax Return
Tips & Advice How HMRC’s Focus On Private Use Adjustments Affects Your Tax Return Published: 04 October 2025 Reading time: ~4 minutes HMRC Targets Private Use Adjustments In Self Assessment HMRC say they raised over £27 million following a 2024 trial encouraging more accurate private-use adjustments, exposing widespread claims of disallowable private use within business…
Read MoreUninhabitable Property Stamp Duty: What Mudan Means For Buyers
Tips & Advice Uninhabitable Property Stamp Duty: What Mudan Means For Buyers Published: 26 September 2025 Reading time: ~4 minutes Why Mudan Matters For Uninhabitable Property Stamp Duty A recent Court of Appeal decision in Amarjeet and Tajinder Mudan v HMRC helps us understand how “uninhabitable property stamp duty” is applied. The couple bought a…
Read MoreYork Case: Why Rooftop Panel Installation Wasn’t Enough For EIS
Tips & Advice York Case: Why Rooftop Panel Installation Wasn’t Enough For EIS Published: 15 September 2025 Reading time: ~4 minutes What This Case Means For EIS Qualifying Requirements The case of York SD Limited and others v HMRC shows why you must satisfy all Enterprise Investment Scheme (EIS) conditions to secure the tax relief.…
Read MoreSelf Assessment CGT Adjustment: How To Correct Your 2024/25 Return
Tips & Advice Self Assessment CGT Adjustment: How To Correct Your 2024/25 Return Published: 10 September 2025 Reading time: ~6 minutes Why Some 2024/25 Tax Returns May Now Be Wrong The government increased CGT rates on 30 October 2024, and it seems HMRC’s Self Assessment system was not configured to apply the correct rate to…
Read MoreHow To Pay Yourself From A Limited Company: Salary, Dividends Or Loans?
Tips & Advice How To Pay Yourself From A Limited Company: Salary, Dividends Or Loans? Published: 12 September 2025 Reading time: ~4 minutes How To Pay Yourself From A Limited Company Just set up your business and wondering how to pay yourself from a limited company? There are three ways most owner-directors take money from…
Read MoreWhen “Reasonable Excuse” Can Quash HMRC Penalties
Tips & Advice When “Reasonable Excuse” Can Quash HMRC Penalties Published: 11 September 2025 Reading time: ~4 minutes Sayrun Lamuth v HMRC: The Case In Brief Sayrun Lamuth jointly owned a UK rental property with her ex-husband who lived overseas. They agreed she would pass her share of rent to him to hold for their…
Read MoreCan You Split a Business to Avoid VAT? Yes… But Here’s the Catch
Tips & Advice Can You Split a Business to Avoid VAT? Yes… But Here’s the Catch Published: 8 July 2025 Reading time: ~6 minutes What on earth is VAT disaggregation? Ever thought, “what if I split my business into two to dodge the VAT registration threshold?” That’s VAT disaggregation (or “artificial separation”) and yes, HMRC…
Read MoreMaking Tax Digital for Income Tax Self Assessment (MTD for ITSA) – What You Need to Know
Tips & Advice Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) – What You Need to Know Published: 22 May 2025 Reading time: ~5 minutes Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) From April 2026, the way millions of self-employed individuals and landlords report their income to HMRC…
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