Latest Blogs

18/03/2026

Holiday lets and business rates

The abolition of the furnished holiday lettings regime abolished day counting for tax purposes from 6 April 2025 onwards. However, where a property is let as a holiday let, there is still a need to count the days on which the property is available for letting and actually let to check that the property is within business rates rather than council tax.  

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18/03/2026

Five year-end tax planning tips

As the end of the 2025/26 tax year approaches, it is a good idea to undertake a financial review and assess whether there is any action you can take to cut your tax bill.   

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18/03/2026

Are you paying sufficient National Insurance for a full state pension?

State pension entitlement depends on a person having sufficient qualifying years, which in turn depends on them having paid or been treated as having paid sufficient National Insurance contributions.  

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18/03/2026

APR and BPR and the £2.5m allowance

From 6 April 2026, the 100% rate of agricultural property relief (APR) and business property relief (BPR) is only available on the first £2.5m of qualifying business and agricultural property. The allowance was increased to £2.5m from £1m following extensive lobbying by farmers.  

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03/02/2026

Keeping digital records for Making Tax Digital

Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA) will apply from 6 April 2026 to sole traders and unincorporated landlords with combined trading and property income in 2024/25 of at least £50,000.  

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03/02/2026

Jointly owned properties and MTD

Unincorporated landlords who had combined property and trading income in 2024/25 of £50,000 or more must comply with Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA) from 6 April 2026. This requires them to keep digital records and make quarterly returns and a final declaration to HMRC using MTD-compatible software.  

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02/02/2026

Capital gains tax annual exempt amount – use it or lose it!

The 2025/26 tax year comes to an end on 5 April 2026. If you are thinking of selling assets that may realise a gain and have yet to use your 2025/26 capital gains tax annual exempt amount, it may be worth making the disposal before the end of the current tax year.  

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14/01/2026

AI and your accounts: why caution is key

Artificial intelligence (AI) is becoming part of our everyday lives. While the technology has come a long way in recent years, when it comes to your business and personal accounts, it’s important to proceed with care.  

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