Closing a company and starting a similar one soon after can trigger HMRC's Targeted Anti-Avoidance Rule (TAAR), reclassifying your capital distribution as a dividend taxed at up to 39.35% instead of Business Asset Disposal Relief's 18%. Here's exactly what triggers it.
Take-home pay for newly qualified and senior ACA/ACCA accountants in 2026/27, from £42,000 practice roles to £95,000 industry finance manager positions.
UK quantity surveyor take-home pay 2026/27: assistant QS £30,000 to chartered MRICS senior QS £68,000. Tax, NI and contracting take-home compared.
Employers can pay up to £8,000 of qualifying relocation costs tax-free when you move for a new job. Go a penny over, and the whole excess is taxed as employment income. Here is what qualifies.
The Rent a Room Scheme lets you earn up to £7,500 tax-free in 2026/27 from letting a furnished room in your home. Full worked example for a £700-a-month lodger, plus what happens above the threshold.
Respite care payments are treated differently depending on who receives them and how the arrangement is structured — a direct payment recipient, an informal carer, and a registered short-break foster or Shared Lives carer each face different tax rules.
A reversionary interest — the right to receive trust capital or income at a future point, such as when a life tenant dies — has its own distinct Inheritance Tax and Capital Gains Tax treatment, separate from the underlying trust assets themselves.
A cycle to work salary sacrifice scheme reduces your gross pay, cutting income tax and National Insurance together. Here is a full worked example at basic and higher rate for 2026/27.
How Scottish sole traders pay income tax on their trading profits in 2026/27 — the same six-band Scottish system that applies to employees applies to self-employed income too.
When a company offers shares instead of a cash dividend, HMRC still taxes it as dividend income based on the cash value forgone — plus it sets your CGT cost basis for the new shares. Here's how scrip dividends actually work for tax purposes.
Transferring the family home between divorcing spouses is usually exempt from Stamp Duty Land Tax — but not always. How the court order exemption works and when SDLT still applies in 2026.
Starting a second job usually means your new employer applies a BR, D0 or 0T tax code — often correct, sometimes not. This checklist walks through exactly what to check so you don't overpay or underpay tax across two employments.
