Blog Listing

09/07/2026

Passing on the investment property

A landlord will need to consider whether it is better to pass on an investment property during their lifetime or on their death. Here, we look at the associated tax implications.

READ MORE

09/07/2026

How to claim relief for excess interest

Landlords running an unincorporated property business obtain relief for interest and finance costs incurred in relation to residential lets (including holiday lets) as a tax reduction.   

READ MORE

09/07/2026

Contact from HMRC – is it genuine?

HMRC use a range of communication methods, as do fraudsters. Consequently, it can be difficult to be certain that a call, email, letter or text which seems to come from HMRC actually does. How then do you tell if the communication is genuine?  

READ MORE

09/07/2026

July payment on account and what to do if you need to reduce it

Taxpayers within Self-Assessment must make payments on account towards their next tax and Class 4 National Insurance bill if the tax that they owed for the previous tax year was £1,000 or more, unless they paid more than 80% of the tax that they owed for that year outside Self-Assessment.  

READ MORE

09/07/2026

Temporary reduction in VAT on children’s meals and certain attractions

From 25 June 2026 to 1 September 2026 inclusive, a temporary reduced rate of 5% will apply to qualifying children’s meals and tickets to attractions.  

READ MORE

03/06/2026

Extracting profits as rent

Where a business is run through a personal or family company, the directors/shareholders will need to extract profits if they are to be used personally.   

READ MORE

03/06/2026

Escaping the HICBC

The High Income Child Benefit Charge (HICBC) is a tax which claws back child benefit where the recipient or their partner has adjusted net income of £60,000 or more in the tax year.   

READ MORE

03/06/2026

Writing off a director’s loan

In a personal or family company, there are often transactions between the company and the director(s). For example, the company may meet personal expenses on the director’s behalf, or the director may loan money to the company to help cash flow.   

READ MORE