Venture Capital Trusts offer 30% Income Tax relief on up to GBP 200,000 a year and pay dividends free of tax. Here is how VCTs work for higher earners in 2026/27, with a worked example and the risks.
A workplace nursery benefit through salary sacrifice has no monetary cap and is free of income tax and National Insurance, unlike Tax-Free Childcare which is capped and closed to those earning over GBP 100,000. For high earners the savings can be substantial.
With the capital gains annual exempt amount stuck at just £3,000 and rates of 18% and 24%, smart timing matters more than ever. Spreading disposals across tax years, using both spouses' allowances and harvesting losses can save hundreds or thousands. Here is a practical CGT plan for 2026/27.
Comparing an electric car with a petrol one on fuel alone misses most of the picture. Purchase price, depreciation, road tax, insurance, servicing and charging all matter. Here is a full total cost of ownership comparison for UK drivers in 2026.
The benefit-in-kind tax on an electric company car is just 4% in 2026/27, against much higher CO2-based rates for petrol cars. Combined with salary sacrifice, this makes an EV company car one of the most tax-efficient perks available. Here is how the saving works.
Just gone self-employed in the UK? The first 90 days set up everything that follows: registering with HMRC, getting a UTR, opening the right bank account, tracking expenses and understanding Class 4 NI at 6%. Here is the practical checklist for 2026/27.
Since the lifetime allowance was abolished, a new limit governs how much tax-free cash you can take from your pensions. The Lump Sum Allowance is £268,275 in 2026/27. Here is what it covers, who it affects, and how it interacts with the standard 25% tax-free cash.
A bigger deposit unlocks a lower loan-to-value band and usually a cheaper mortgage rate. But saving longer for that extra 5 percent has a cost too. Here is how the trade-off looks for first-time buyers in 2026.
From April 2026, self-employed people and landlords with income over 50,000 pounds must send HMRC quarterly updates under Making Tax Digital for Income Tax. Here is what a quarterly update is, what the deadlines are, and how the new rhythm differs from one annual return.
An offset mortgage links your savings to your loan so you pay interest only on the difference. A standard repayment mortgage is simpler and often cheaper on rate. Here is how the maths actually works in 2026 and who each option suits.
The pension annual allowance is normally £60,000 in 2026/27, but high earners see it tapered down. Once adjusted income passes £260,000, your allowance drops by £1 for every £2 over, to a floor of £10,000. Here is how the taper works and how to avoid an unexpected tax charge.
Your pension income is taxed like a salary in retirement, but the rules differ in important ways. The State Pension uses up part of your personal allowance, the 25% tax-free cash is separate, and National Insurance stops once you reach State Pension Age. Here is how retirement income is taxed in 2026/27.
