Private school fees have carried 20% VAT since January 2025. Here's what's taxed, what's still exempt, a worked cost example, and planning considerations for parents in 2026.
Unlike Tax-Free Childcare or the closed childcare voucher scheme, the workplace nursery exemption under s.318 ITEPA has no cap on the tax and NI relief available — if strict conditions are met.
A few weeks or months of unpaid leave doesn't just mean 'no pay for that period' — it can shift your tax code, disrupt pension contributions, and affect statutory benefit eligibility. Here's what actually happens.
If your business buys expensive property, computer equipment or aircraft and its taxable use changes over time, the VAT Capital Goods Scheme requires you to adjust your original input VAT claim annually. Here's how it works.
If your business spends very little on goods, the VAT Flat Rate Scheme forces you onto a 16.5% rate regardless of your trade sector — often wiping out the scheme's benefit entirely. Here's the exact test.
New limited companies don't have to wait until they hit the £90,000 threshold — registering early can be a smart move for some, a costly mistake for others. Here's how to think about the timing.
VCTs offer 30% upfront income tax relief plus tax-free dividends and capital gains, but they invest in small, high-risk companies and come with a 5-year minimum holding period. Here's how the tax relief actually works and what the risk trade-off looks like.
Armed Forces pensions are taxable income like any other pension, but veterans have specific rules around tax-free lump sums, Guaranteed Income Payments from the Armed Forces Compensation Scheme, and interactions with the State Pension. Here's the full picture.
How writing a whole-of-life insurance policy in trust removes the payout from your estate, why it matters for Inheritance Tax in 2026/27, and how the numbers stack up.
Working from a beach in Portugal for two weeks sounds simple, but it can trigger real tax, social security and employment law questions for both you and your employer. Here's what actually matters before you book the flights.
How the Working Time Regulations 48-hour weekly limit and voluntary opt-out work in the UK in 2026/27 — how the average is calculated, who cannot opt out, and how to withdraw your opt-out.
Full take-home pay breakdown for Advanced Nurse Practitioners (ANPs) in the UK for 2026/27, covering NHS Band 7 and Band 8a pay points, NHS pension contributions, NI, locum rates and London supplement.
