Posts Tagged Income Tax

Why More People Are Paying 40% Tax, and How to Avoid the Costly Traps.

HMRC’s phased rollout of Making Tax Digital for Income Tax (MTD) is now underway, and the changes will significantly affect sole traders and landlords across the country, find out more in the full article.

We have recently updated our Scotland vs England Taxpayer comparison from our original blog post of January 2024. Following the…

You should review your personal and investment situation before the April 2026 deadline to ensure you have made the most of any available allowances and reliefs.

From April 2026, the way many sole traders and landlords report their income to HMRC will undergo a major transformation.

Spotlight on -
Changes to Tax from April 2025

Wednesday 5 April 2025 sees the end of the current Tax Year. Following the new Chancellor's plans to continue to freeze
and in some cases reduce tax-free allowances; it is more important than ever to make the most of some timely tax planning.

Yesterday, Chancellor Rachel Reeves delivered her Autumn Statement. We have sifted through the details and hope the following review, which we feel will be the most significant to our clients, will be helpful.

The Institute of Charted Accountants Scotland (ICAS) has made an interesting and very useful comparison of the 2023/24 Scottish…

The increased interest in crypto assets has been noted by HMRC. If you invest or trade in crypto assets you need to be aware of how this will affect your tax.

Our pocket guide to 2023/24 tax rates will help you make sense of all the different areas of tax and how they might affect you. This useful guide outlines the tax rates for the next financial year.

Why not use our tax rates guide and online tax calendar to help you manage those important deadlines in the year ahead.