A few weeks ago – HMRC announced that for the tax year 2023 to 2024 onwards, the self assessment threshold for taxpayers taxed through PAYE only, will change from £100,000 to £150,000.

Taxation of rental income is taxed where property is owned jointly.

Over the last few years the government has introduced various tax measures targeting residential landlords in an attempt to support home ownership.The measures endeavour to deter landlords from purchasing additional properties, with the intention of making it easier for first-time...

First introduced in the UK in 1962, Capital Gains Tax for individuals was originally a limited tax on short-term gains. However, it was widened considerably in 1965 to cover virtually all gains of a capital nature.There have been a number...

In light of the digital proliferation initiated by the move to digital as a result of the lockdowns, financial transparency has become more important than ever.To keep it short and sweet, this blog post aims to educate you on the...

HMRC introduced IR35 (or the ‘off-payroll working rules’) in 2000 to tackle what it calls ‘disguised’ employment.