The current relief thresholds have not changed. Business rates relief 2026 has not adopted a £17,096 exemption threshold. A newspaper…
Read MoreCompany directors considering a share buyback, capital reduction or restructuring now have another factor to consider. HMRC’s consultation, “Modernising the…
Read MoreA rise in dividend tax rates for the 2026/27 tax year and the continued freeze on personal allowances have narrowed…
Read MoreFor many small businesses, keeping up with tax now means managing several filing cycles, digital reporting requirements and separate payment…
Read MoreA business with two or more owners may want the flexibility of a partnership without exposing every member to the…
Read MoreThe question, “Do hairdressers charge VAT in the UK?” is one that many salon owners, freelance stylists, and mobile hairdressers…
Read MoreAuto repair shops in the UK often handle parts sales and labour charges for the same job. While this is…
Read MoreThe proposed UK exit tax is a one-off charge, reported at around 20%, on unrealised gains in UK business and…
Read MoreIf you’re selling items online via Vinted, eBay or similar in the UK, it’s very useful to understand the Trading…
Read MoreFrom 6 April 2027, the way UK employers report some benefits in kind will change significantly. Company cars, car fuel,…
Read MorePaid entries to UK online prize draws are subject to VAT at the standard 20% rate when the entry fee…
Read MoreTikTok is one of the fastest‑growing platforms for creators and small businesses. With more than a billion users worldwide, it’s…
Read MoreSince the private school VAT change, effective 1 January 2025, private school tuition and boarding in the UK have been…
Read MoreOwning a valuable business does not necessarily mean having substantial cash available personally. Equally, earning a high salary does not…
Read MoreFrom 1 May 2026, the UK VAT road fuel scale charges change to cover the period to 30 April 2027.…
Read MoreYear-end accounting documents are crucial for ensuring accurate annual financial reports. Proper documentation is not only required for compliance but…
Read MoreVouchers (such as gift cards, book tokens or phone top-ups) are widely used by businesses to attract and retain customers,…
Read MoreThe UK theatre sector is facing new VAT challenges in 2026. Updated VAT rules now apply to live performances, online…
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